B.Com In Banking & Insurance (BCBI) Sem V 2017 18 Nov 2017-18 REPORTING ANALYSIS Question Paper - Mumbai University | munotes

Questions asked in this paper

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• N.B: 1. Attempt all questions
• 2. Figures to the right indicate full marks

1. Q3 Working note should be part of answer
2. Q4 Use of simple calculator is allowed
3. Q1 Select Appropriate option & re-write the statement. 8 marks
4. Q1 Schedule 9 in Bank Final Account includes
   • a) (b) Deposits
5. Q2 Interest on Deposits is shown by the Bank in
   • a) Schedule of interest Earned (b) Schedule of Interest Expended
6. Q3 is a Current Asset
7. Q4 Issue of Equity shares is
   • a) Cash Inflow from Financing Activity
   • b) Cash Inflow from investing Activity
8. Q5 The Schedule VI is divided into parts
   • a) Three (b) Two
9. Q6 A Provision for Loss Asset = :
10. Q8 Equity =
11. Q1 b) Match the pairs Stock Turnover Ratio Reserves and Surplus 7 marks
    • Q.P. Code :00976
12. Q2 The following details are pertaining to Mahindra Bank Ltd. as on March, 2017. You are required to prepare Profit and Loss Account for the year ended March, 2017 and Balance Sheet as on that date Loans, Cash Credit and Overdraft 15 marks
    • a) Authorized Capital was Rs.80,00,000 Equity Shares of Rs.10 each
    • b) Unexpired discount amounted to Rs.50,000
    • c) Provision for Tax is Rs.1,00,000 Endorsements on behalf of customers were Rs.11,00,000
    • e) Transfer to Statutory Reverse 25% of profit
13. Q2 Write short note on:- 15 marks
    • a) Rebate on bills discounted Acceptance, endorsements and other obligations
    • Q.P. Code :00976
14. Q3 From the following figures relating to Sneha Insurance Company Ltd. for the year ended March, 2016. You are required to prepare the Revenue Account for fire Department The Reserve required for Unexpired Risk as on 31-03-16 is 50% of net premium received 15 marks
15. Q3 Explain the following concepts 15 marks
    • a) Reserve for unexpired risk
    • c) Bonus to Policyholder
16. Q4 Following figures are taken the Trial balance of Kavita Ltd. as on March, 2016. Cost Provision for Provide depreciation on written down value of the Asset at the following rate: Prepare a schedule for Fixed Asset as on March, 2016 as per Revised Schedule VI 15 marks
    • Q.P. Code :00976
17. Q4 Explain the following provision of Revised Schedule VI of the Companies Act.as regards 15 marks
    • a) Share Capital
18. Q5 Following are the summarized Balance Sheet of Soham Ltd. as on March, 2015 and March, 2016. 15 marks
19. Q1 During the year part of the Building was sold at book-value
20. Q2 During 2016 Interim Dividend was paid Rs.10,000 & Income Tax was paid Rs.5,000
21. Q3 Depreciation charged during 2016 was Rs.4,000 on Furniture, Rs.12,000 on Machinery and Rs. 20,000 on
22. Q4 Part of Machinery was Rs.15,000 at a loss of Rs.4,000 Prepare Cash Flow Statement as per AS-3
    • Q.P. Code :00976
23. Q5 Complete the following Balance sheet As on March, 2016 15 marks
24. Q1 Total Creditors are 2/3 of Net Worth
25. Q2 Total Turnover for the period is Rs.18,00,000
26. Q3 30 days sales are in the form of Debtors. (Assume 360 days ina year)
27. Q5 Cost of Goods sold is Rs.9,00,000
28. Q6 Acid test Ratio is 1:1

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