F.Y.B.COM. SEMESTER – I (REGULAR)
SEMESTER END EXAMINATION, OCTOBER, 2013
ACCOUNTING - I
DURATION: 2 HOURS DATE: - 09/10/2013 at 10:00 a.m. to 12:00 noonMAX.MARKS: 80
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INSTRUCTIONS: -1) Q.No.1 is compulsory.
2) Answer Any Three questions from remaining.
3) Figures to the right indicate full marks.
4) Working notes carries marks.
Q.1) A) Hotel Tara purchase a Television set on Instalment Selling System from Mapusa (20)
Electricals on 1st April 2009. As per agreement, payment is to be made for 4 years at
the rate of Rs.5,000 p.a., interest being calculated at 5% p.a. The cash price of the T.V.
set is Rs.17,750. Depreciate the T.V. set @7.5% p.a. under Written Down Value method.
The accounts are closed on 31st March every year. Write up for four years:
1. In the Books of Hotel Tara.
a) Television set A/cb) Mapusa Electricals A/c
2. In the Books of Mapusa Electricals.
a) Sales A/cb) Interest A/cc) Interest Suspense A/c
Q.2) Salgaonkar mining co. obtained an Iron-ore mine from Mr. ChandanNaik for 99 years, (20)
on following terms from 1st January 2009.
1. Royalties to be paid at Rs.5 per ton.2. Minimum rent Rs.1,80,000 p.a.
3. Each year’s shortworking to be recouped during the next 3 years.
4. If any year the normal rent was not attained due to strike or accident, the minimum
rent to be reduced proportionately.
The production is as follows:
YearProduction in tons
2009 6,000
201028,000
201136,000
201230,000 (strike for 4 months)
Prepare:-
1. In Books of Salgaonkar mining co.
a) Royalty payable A/c
b) ChandanNaik’s A/c.
2. In Books of ChandanNaik.
a) Royalty Receivable A/c.
b) Shortworking A/c.
Q.3) Reliable pharmacy purchased a Billing machine on 1st January 2010 on Hire Purchase (20)
System from Lalwani Traders. The payments were as follows:
Rs.
On signing the contract5,000
On 31st December 20106,000
On 31st December 20113,500
On 31st December 20122,200
16,700
P.T.O.
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Interest included in Rs.16,700 was charged on the cash price @ 10% p.a.
Ascertain cash price of the machine and prepare:-
1. In Books of Reliable Pharmacy
a) Billing Machine A/cb) Lalwani Traders A/c
2. In Books of Lalwani Traders
a) Reliable Pharmacy A/cb) Interest A/c
Q.4) Rajaram Company Ltd. is incorporated with an authorized capital of Rs.20,00,000 (20)
divided into 20,000 shares of Rs.100 each. The company issued 10,000 shares of Rs.100
each payable as follows:
On Application Rs.20On Allotment Rs.30
On First call Rs.20On Final call Rs.30
Applications are received for 15,000 shares. The directors decided to allot the shares
as follows:
To the applicants of 7,000 shares – Full
To the applicants of 5,000 shares – 3,000 shares
To the applicants of 3,000 shares – Nil
All the moneys due on shares were duly received except the final call on 500 shares.
Pass Journal entries and show extract in the Balance Sheet.
Q.5) A) Agarwal Company Ltd. was registered with a nominal capital of Rs.1,00,000 in (16)
Equity shares of Rs.10 each. It offered to the public 6,000 shares for subscription.
The applications were received for 8,000 shares. The directors rejected the applications
for 1,000 shares and application money received on other 1,000 shares was adjusted to
Allotment Account. The amount payable on shares was as below:
Rs.2 per share on ApplicationRs.4 per share on Allotment
Rs.2 per share on First callRs.2 per share on Final call
One shareholder holding 100 shares failed to pay the Final call money and as a result,
his shares were forfeited.
Pass Journal entries in books of Agarwal Co. Ltd.
B) Write a note on “Bonus Shares”.(4)
Q.6) A) The Balance sheet of Manu Kamat Pvt. Ltd. contained the following items on (14)
31st March 2011.
7½ % preference share capital (shares of Rs.100 each)4,00,000
Share premium 18,000
General Reserve3,20,000
The company redeemed the preference shares at a premium of 5% on 1-4-2011. For the purpose of redemption it issued 20,000 equity shares of Rs.10 each at a premium of 4%
Pass Journal entries in the books of Manu Kamat Pvt. Ltd.
B) What do you mean by “Profits otherwise available for Dividend”? State 2 examples of (3)
Divisible Profit.
C) What do you mean by “Non – Divisible Profits.”? State 4 examples of Non – Divisible (3)
Profits.
F.Y.B.COM. SEMESTER – I (REGULAR)
SEMESTER END EXAMINATION, OCTOBER, 2013
ADVERTISING – I (VOC)
DURATION: 2 HOURS DATE: - 11/10/2013 at 10:00 a.m. to 12:00 noonMAX.MARKS: 80
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INSTRUCTIONS: -1) All questions are compulsory, however internal choice is available.
2) Figures to the right indicate maximum marks.
Q.1) Write short note on Any Four of the following: - (4X4 = 16)
i) Audience & Advertising Media.
ii) Benefits of advertising to consumers.
iii) Advertising v/s Publicity.
iv) Broadcasting media.
v) Primary & selective advertising.
vi) Institutional Advertising.
Q.2) Write short note on Any Four of the following: - (4X4 = 16)
i) Measures to avoid waste in advertising.
ii) Importance of ethics in advertising.
iii) Self regulation.
iv) Consumerbehaviour.
v) Buying motives.
vi) “Current advertising in India is harming cultural values.” Explain (4 points)
Q.3) A) Define Advertising. Explain salient features of advertising. (12)
OR
B) Explain benefits of Advertising to manufactures. (12)
Q.4) A) Explain classification of Advertising on the basis of Area covered. (12)
OR
B) Explain classification of Advertising on the basis of Audience covered. (12)
Q.5) A) What is waste in advertising? Explain various causes of waste in advertising. (12)
OR
B) State & explain various forms of unethical advertising. (12)
Q.6) A) What is Advertising Appeal? Explain essentials of good Advertising Appeal. (12)
OR
B) Explain the AIDA formula in Advertising. (12)
F.Y.B.COM. SEMESTER – I (REGULAR)
SEMESTER END EXAMINATION, OCTOBER, 2013
COST ACCOUNTING - I
DURATION: 2 HOURS DATE: - 09/10/2013 at 10:00 a.m. to 12:00 noonMAX.MARKS: 80
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INSTRUCTIONS: -1) Q.No.1 is compulsory.
2) Answer Any Three questions from Q.No.2 to Q.No.6.
3) All questions carry equal marks.
Q.1) Enter the following transactions in the stores ledger on the basis of:- (20)
a) First in First out Methodb) Last in First out Method
1.9.2013Opening balance 100 units at Rs.10 each
1.9.2013Purchased 100 units at Rs.10 each
2.9.2013Purchased 200 units at Rs.11 each
5.9.2013Issued 250 units to production department
7.9.2013Purchased 300 units at Rs.11.50 each
9.9.2013Issued 100 units to production department
10.9.2013Purchased 200 units at Rs.12.00 each
13.9.2013Issued 200 units to production department
22.9.2013Issued 200 units to production department
Q.2) a) What is meant by Cost Accounting? (4)
Q.2) b) A consignment consists of two chemicals ‘BT’ and CT’. The invoice give the (16)
following data:-
Chemical ‘BT’ --- 4,000 kgs at Rs.2.75 per kg= 11,000
Chemical ‘CT’ --- 3,200 kgs at Rs.3.00 per kg= 9,600
Sales Tax= 1,030
Railway freight= 720
Total= 22,350
A shortage of 200 kg in ‘BT’ and 100 kg in ‘CT’ was noticed and it was considered to
be normal. What rate you would adopt for pricing issues assuming a provision of five percent towards further deterioration.
Q.3) a) Two types of material ‘star’ and ‘sony’ are used in a factory as follows:- (16)
Normal usage :- 600 units per week
Maximum usage :- 900 units per week
Minimum usage:- 300 units per week
Reorder quantity:- ‘star’ --- 4,800 units
:- ‘sony’ --- 7,200 units
Reorder period:- ‘star’ --- 4 to 6 weeks
:- ‘sony’ --- 2 to 4 weeks
P.T.O.
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Calculate for each material:-
1) The Reorder level
2) The Minimum level
3) The Maximum level
4) The Average stock level
Q.3) b) What is Economic Order Quantity? (4)
Q.4) a) A firm is able to obtain quantity discounts on its order of materials as follows:- (16)
Price per Tonne (Rs.)Tonnes
6.00Less than 250
5.90250 and less than 800
5.80800 and less than 2,000
5.702,000 and less than 4,000
5.604,000 and over
The annual demand for material is 4,000 tonnes. Stock holding costs are 20% of material cost per annum. The delivery cost per order is Rs.6.00.
You are required to calculate the best quantity to ordered by tabular form.
Q.4) b) Short note on storekeeper and objectives of storekeeping. (4)
Q.5) Prepare cost sheet showing cost of production and net profit for the month of August 2013.
Rs. (20)
Stock of materials (1 August)7,500
Stock of materials (31 August)9,150
Stock of Finished goods (1 August)5,400
Stock of Finished goods (31 August)3,100
Work in progress (1 August)2,800
Work in progress (31 August)3,500
Purchase of materials6,750
Direct wages5,250
Indirect wages1,275
Factory rent1,500
Office rent 900
Office lighting 350
Sales expenses1,250
Advertisement 875
Sales 21,100
Q.6) Write short notes on Any Four. (4x5 = 20)
a) Bin card
b) Periodic inventory system
c) ABC analysis
d) Simple Average Price Method
e) Objectives of Cost Accounting
F.Y.B.COM. SEMESTER – I (REGULAR)
SEMESTER END EXAMINATION, OCTOBER, 2013
ENGLISH
DURATION: 2 HOURS DATE: - 11/10/2013 at 10:00 a.m. to 12:00 noonMAX.MARKS: 80
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INSTRUCTIONS: -1) All questions are compulsory.
2) Figures to the right indicate full marks.
Q.1) A) Fill in the blanks. (3)
i) ______was wrong with him. (Use interrogative pronoun)
ii) I am looking for the man______I rent my book (Use relative pronoun)
iii) Two horses of ______were killed (Use possessive pronoun)
B) Insert suitable prepositions in the blanks. (3)
i) He will not listen ______what you say.
ii) I asked ______a ticket.
iii) Why are you afraid ______me?
C) Fill in the blanks with suitable articles ‘a’, ‘an’, ‘the’. (3)
i) Akbar was ______greatest Mughal emperor
ii) The house has ______roof.
iii) I have ______urgent piece of work.
D) Fill in the blanks with correct form of the verb. (3)
i) Every boy and every girl ______given a prize.
ii) The owner of this factories ______very rich.
iii) All students in my class ______done well in the examination.
E) Make sentences with the following phrasal verbs. (2)
i) Do without
ii) Carry on
F) Do as directed (2)
i) Zeal (write synonym)
ii) Interior (write antonym)
Q.2) Answer Any Two of the following. (2x8 = 16)
i) Draft a classical advertisement to promote a sale of your old house.
ii) Draft a display advertisement to promote a sale of laptops.
iii) Write a note on display advertisement.
Q.3) Read the following passage and answer the questions given below: (12)
The greatest enemy of mankind, as people have discovered, is not science, but war. Science merely reflects the prevailing social forces. It is found that, when there is peace, science is constructive. When there is war science is prevented to destructive ends. The weapons that science gave us do not necessarily cause war, they make war increasingly terrible. Till now, it has brought us to the doorstep of doom. Our main problem, therefore,
is not to curb science, but to stop war – to substitute law for force, and international government for anarchy in the relation of one nation with another. That is the job in which everybody must participate, including scientist.
P.T.O.
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But the bombing of Hiroshima suddenly work us up to the fact that we have very little time. The hour is late and our work has scarcely began. Now we are face to face with an urgent question – can education and tolerance, understanding and creative intelligence run fast enough to keep us abreast with our own mounting capacity to destroy? This is the question which we shall have to answer one way or the other in this generation. Science must keep us in arriving at the answer, but the main decision his within ourselves.
Questions:
1) Why is the real enemy of mankind not science but war? (2)
2) How can war be stopped? (2)
3) Which is the main problem we are facing today? (2)
4) What has science given to mankind and what has it caused? (2)
5) Write synonyms for the words from the passage. (2)
a) Replaceb) Existing
6) Write antonyms for the words from the passage. (2)
a) Constructiveb) Surplus
Q.4) A) Write a short note on the topic “Family” and give a suitable title. (12)
OR
B) Attempt an Essay on any one of the following topics: (12)
i) Corruption in public lifeii) Advertisement
Q.5) Write a letter of appreciation to your employee who has successfully completed (12)
20 years in your company.
Q.6) Look at the following graph and write a paragraph interpreting the data. (2x6 = 12)
A) Proportion of household income five European countries speed on food and drink,
housing, clothing and entertainment.
Food and drink / Housing / Clothing / EntertainmentFrance / 25% / 31% / 7% / 13%
Germany / 22% / 33% / 15% / 19%
UK / 27% / 37% / 11% / 11%
Turkey / 36% / 20% / 12% / 10%
Spain / 31% / 18% / 8% / 15%
B)
London 2012 Olympic Games Medal TableRank by Gold / Country / Gold / Silver / Bronze / Total
1 / United States / 46 / 29 / 29 / 104
2 / China / 38 / 27 / 23 / 88
3 / Great Britan / 29 / 17 / 19 / 65
4 / Russia / 24 / 26 / 32 / 82
5 / South korea / 13 / 8 / 7 / 28
6 / Germany / 11 / 19 / 14 / 44
7 / France / 11 / 11 / 12 / 34
8 / Italy / 8 / 9 / 11 / 28
9 / Hungary / 8 / 4 / 5 / 17
10 / Austraila / 7 / 16 / 12 / 35
F.Y.B.COM. SEMESTER – I (REGULAR)
SEMESTER END EXAMINATION, OCTOBER, 2013
ENVIRONMENTAL STUDIES
DURATION: 1 and 1/2 HOURSMAX.MARKS: 40
DATE: - 17/10/2013 at 10:00 a.m. to 11:30 a.m.
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INSTRUCTIONS: - 1) All questions are compulsory, however internal choice is available.
2) Figures to the right indicate full marks.
Q.1) Write a short note on Any Four of the following: (4X4 = 16)
i) Biotic structure of an ecosystem.
ii) India as Mega – diversity nation.
iii) Scope of environmental studies.
iv) Energy flow in ecosystem.
v) Renewable energy sources.
vi) Methods of soil conservation.
Q.2) A) How does subject like legislation and climate linked to environmental studies. (6)
B) What are the measures for conservation of Biodiversity? (6)
OR
Q.2) X) What is Global Warming? Explain its causes, effects and Measures. (6)
Y) What is Natural Resources and explain problems associated with them. (6)
Q.3) A) What is Ecological Pyramid? Diagrammatically explain different types of pyramid. (6)
B) What are the various impact of mining on the environment? (6)
OR
Q.3) X) What is Ecosystem? Explain in detail Aquatic Ecosystem? (6)
Y) Discuss the role of individual in conservation of environment. (6)
F.Y.B.COM. SEMESTER – I (REGULAR)
SEMESTER END EXAMINATION, OCTOBER, 2013
FINANCIAL ACCOUNTING
DURATION: 2 HOURS DATE: - 08/10/2013 at 10:00 a.m. to 12:00 noonMAX.MARKS: 80
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INSTRUCTIONS: -1) Q.No.1 is compulsory.
2) Answer Any Three questions from the remaining.
3) All questions carries 20 marks.
4) Figures to right indicate full marks.
Q.No.1) A limited company purchased second hand machinery on 1st January 2009 for (20)
Rs.1,74,000 and spent Rs.6,000 on its installation. On 1st July 2010, it purchased another machine for Rs.2,00,000 and on 1st July 2011, it sold the first machine, which was purchased in 2009 for Rs.1,56,000. On the same date, it purchased machinery for Rs.1,00,000. On 1st July 2012, the second machine purchased for Rs.2,00,000 was sold for Rs.40,000. On 1st July 2012 a new machine was purchased for Rs.2,50,000
Depreciation was provided on machinery at the rate of 10% per annum on the original cost. The accounting year of the company ends on 31st December every year. In 2011, however the company changed the method of providing depreciation respectively from 2009 and adopted the written down value method, percentage of depreciation being 20% per annum. Prepare machinery account for the year 2009 to 2012.
Q.No.2) M/s D’souza and sons, Ponda Goa maintained an analytical petty cash book which (20)
is closed daily. Their petty cash transactions for the month of January 2012 are as under:
January, 2012
1. Paid Rs. 3,200 to M/s Fernandes and brothers for purchase of rainwear for staff as
per Bill no.61623.
1. Paid salaries to Mr. Dicosta for the month of December 2011 Rs.1,600.
6. Paid Rs.450 to Mr. Sheikh for hire of his Taxi No.GA-01-P-4546 for visit to
Dabolim airport
6. Payment of telephone bill Rs.2,500 as per No.6896.
10. Purchase of stationary Rs.1,000 from M/s Ideal Book agencies as per bill no.2286.
15. Paid to Dr. Pandit towards medical expenses of staff Rs.500 as per bill no.1234.
20. Paid to Kamat restaurant Rs.800 for providing refreshment to staff for the month
of January.
21. Purchase of files, pens and pencils Rs.600.
25. Paid Rs.500 to Mr. Baban as labour charges as per his bill no.
All the above vouchers are entered on Petty Cash Book Folio no.306.
Prepare necessary vouchers and the Petty Cash Book No. vouchers are prepared in case
the bills are available.
Q.No.3) Rajendran keeps his books on single entry system. He supplies you the following (20)
information Assets and Liabilities.
1-1-201231-12-2012
Investments --- 4,000
Sundry creditors 10,000 8,000
Bills payable 7,000 9,000
Bills receivable 5,000 6,000
P.T.O.
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Sundry Debtors 16,00020,000
Stock 12,00014,000
Cash 1,000 2,000
Summary of cash transactions for the year ending 31-12-2012.
Receipts / Rs. / Payments / Rs.Balance b/d / 1,000 / Paid to creditors / 18,000
Received from debtors / 40,000 / Paid against bills / 11,000
Received against bills / 13,000 / Investments / 4,000
Interest on investments / 400 / Salaries / 5,500
Rent and taxes / 900
Purchases / 13,000
Balance c/d / 2,000
54,400
Make provision for doubtful debts at 5% on debtors.
Prepare:- (1) Statement of affairs as on 1-1-2012.
(2) Total Debtors Account.
(3) Bills Receivable Account.
(4) Total Creditors Account.
(5) Bills Payable Account.
(6) Trading and Profit and Loss Account for the year ending 31-12-2012.
(7) Balance sheet as on 31-12-2012.
Q.No.4) A company purchased 3 years lease on 1st January 2010 for Rs.25,000. It decided to (20)
provided for the replacement of the lease at the end of 3 years by setting up a Depreciation
Fund. It is expected that investment will fetch interest at 5% sinking fund table show that
to provide the requisite sum at 5% at the end of 3 years, an investment of Rs.7932.22 is
required every year. Investments are made to the nearest rupee.
On 31st December 2012, the investments are sold for Rs.15,250.
Show Lease Account, Depreciation Fund Account and Depreciation Fund Investment
Account.
Q.No.5) P,Q and R were partners sharing profits and losses as 3:2:2. (20)
The following is the Balance sheet of P,Q and R as on 31st December 2011.
Liabilities / Rs. / Assets / RsCapitals / --- / Land and Building / 96,000
P / 97,000 / Machinery / 28,000
Q / 58,000 / Stock / 12,000
R / 25,000 / Bills receivable / 24,000
Creditors / 16,000 / Debtors / 36,000
1,96,000 / 1,96,000
The partners decided to convert the business into a private limited company on the
above date on the following terms.
(1) The company agreed to issue 16,200 equity shares of Rs.10 each and to pay the
balance in cash for acquiring the business.
(2) The company took over all assets except stock which was taken by P for
Rs.10,000 and assumed the liabilities. It also agreed to pay Rs.30,000 for goodwill.
(3) The partners decided to distribute the shares appropriately among themselves
Cont…3
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Prepare the following:-
(a) Realisation Account
(b) Partners Capital Account
(c) Cash Account
(d) New Company Account
Q.No.6) Answer the following:- (5x4 = 20)
(a) Write a short notes on Revenue Recognition (AS-9)
(b) What are the different accounting concepts?
(c) What are demerits of Single Entry System of Accounting?
(d) What is Purchase Consideration?
(e) Write a note on sum of digit method of depreciation.
F.Y.B.COM. SEMESTER – I (REGULAR)
SEMESTER END EXAMINATION, OCTOBER, 2013
GENERAL MANAGEMENT - I
DURATION: 2 HOURS DATE: - 14/10/2013 at 10:00 a.m. to 12:00 noonMAX.MARKS: 80
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INSTRUCTIONS: -1) All questions are compulsory, however internal choice is available.
2) Figures to the right indicate maximum marks.
Q.1) Answer Any Four of the following: (4X4 = 16)
i) Management.
ii) Features of Japanese style. (Any 2 points)
iii) Inventors Management.
iv) Merits of administrative theory.
v) Marketing Management.
vi) Contingency theory.
Q.2) Answer Any Four of the following: (4X4 = 16)
i) Organizational & personal decision.
ii) Benefits of rational decision making. (Any 4 points)
iii) Steps in creativity.
iv) Individual & group decision.
v) Causes of stress.(Any 4 points)
vi) Types of events.(Any 4 points)
Q.3) A) Justify the need & importance of Management. (12)
OR
B) What is Management? Explain important features of Management. (12)
Q.4) A) Explain Human Relation theory with the help of Hawthorne experiment. (12)
OR
B) Explain in brief American & European style of Management. (12)
Q.5) A) Explain steps involved in rational decision making process. (12)
OR
B) Explain the guidelines for effective decision making. (12)
Q.6) A) Explain the term Logistic Management. (12)
OR
B) Write a detail note on Disaster Management. (12)
F.Y.B.COM. SEMESTER – I (REGULAR)
SEMESTER END EXAMINATION, OCTOBER, 2013
INFORMATION TECHNOLOGY
DURATION: 2 HOURS DATE: - 10/10/2013 at 10:00 a.m. to 12:00 noonMAX.MARKS: 80
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INSTRUCTIONS:-1) Attempt all Questions.
2) Internal choice is available.
3) Figures to right indicate marks.
Q.1.Answer the following questions (Any four) (44 = 16)
- Discuss the application of Information Technology in Science and Engineering.
- Explain the function of backup scheduler.
- Write a note on Business to Consumer E-commerce.
- Write a note on Unicode.
- Discuss the advantages of blue ray disk.
- Differentiate between compiler and interpreter.
Q.2.Answer the following questions (Anyfour). (44 = 16)
- Write the application of multimedia in knowledge transfer.
- What are the various elements of multimedia? Give example of each.
- Explain the trade cycle of E-commerce.
- Explain the ten commandments of computer ethics.
- Write a note on smart card.
- What is phishing?
Q.3. Answer the following question.
A) Differentiate between data and information. Give example of information. (2+2+8 = 12)
Explain various data types with suitable examples.
OR
X) Write a note on: (i) Data representation techniques (ii) Data storage devices. (6+6 = 12)
Q.4. Answer the following question.
A) Give examples of three operating systems. Explain the advantages and (3+9 = 12)