B.Com. LL.B. (Five Years) Sem 2 Corporate Accounting 2026 Jan (100 marks) Question Paper - KSLU

Questions asked in this paper

1. Q1 The Balance Sheet of a Limited company as at 31-3-2016 is as follows :
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2. Q2 Following is the summarised Balance Sheet of Adarsh Ltd. as on 31-03-2016.
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3. Q3 Following is the Trial Balance of SR Ltd. as at 31-03-2018 :
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4. Q4 Ashok Limited issued 300000 equity shares of ₹ 10 each at a premium of ₹ 2 per share, payable as ₹ 3 on application, ₹ 5 on allotment (including premium) and the balance in two calls of equal amount.
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5. Q5 A Limited company issued 100000 equity shares of ₹ 100 each. M, N, O and P underwrite the entire issue in proportion of 30%, 30%, 20% and 20% respectively in consideration of commission in cash at 4%. They also apply for firm share application as follows :
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6. Q6 Sunil Rao Ltd. took over the business of Naveen Ltd. on 1-4-2017 and it was incorporated on 1-7-2017.
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7. Q7 Briefly explain the methods of valuation of goodwill.
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Write short notes on any two of the following :

1. Q8 (a) Types of share capital
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2. Q8 (b) Features of underwriting
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3. Q8 (c) Sales ratio, time ratio, revised time ratio (with examples).
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Solve any two of the following problems :

1. Q9 (a) State the heading under which the following items are shown in the balance sheet of the company.
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2. Q9 (b) Following information relates to Navya B. G. Ltd.
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3. Q9 (c) Types of underwriting.
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Typed from the KSLU paper above. The paper is the original. Long reading passages are shortened here to their first and last lines and a summary.