Total No. of Pages:
Register Number: 2244
Name of the Candidate:
M.Sc. DEGREE EXAMINATION, 2011
(REAL ESTATE VALUATION)
(FIRST YEAR)
(PAPER-II)
120. ACCOUNTANCY AND STATISTICS
May] [Time : 3 Hours
Maximum : 100 Marks
Answer any FIVE questions (5×20=100)
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1. a) Explain the rules for debit and credit. Give suitable example for each types of account.
b) Calculate coefficient of quartile deviation and co-efficient of variation from the following data:
Marks / Below 20 / Below 40 / Below 60 / Below 80 / Below 100No of students / 8 / 20 / 50 / 70 / 80
2. a) State the difference between a Trial Balance and Balance Sheet.
b) The following data relate to the scores obtained by 9 salesmen of a company in an intelligence test and their weekly sales in thousand rupees.
Salesman intelligence / A / B / C / D / E / F / G / H / ITest scores / 50 / 60 / 50 / 60 / 80 / 50 / 80 / 40 / 70
Weekly sales / 30 / 60 / 40 / 50 / 60 / 30 / 70 / 50 / 60
(i) Obtain regression equation of sales in intelligence test scores to the salesmen.
(ii) If the intelligence test scores of a salesmen is 65. What would be his expected weekly sales?
3. a) Explain the term depreciation with reference to its objectives.
b) Prepare Trading and Profit and Loss account and a Balance Sheet.
Debit Balances / Rs / Credit Balances / RsLand / 15,000 / Sales / 42,000
Purchases / 21,500 / Purchase returns / 400
Salaries / 2,200 / Interest / 200
Rent / 600 / Creditors / 4,440
Postage / 540 / Capital / 15,000
Wages / 5,200
Carriage on purchases / 560
Carriage on sales / 800
Repairs / 1,400
Bad debts / 120
Opening stock / 3,100
Furniture / 2,700
Debtors / 6,000
Cash in hand / 1,300
Sales returns / 1,020
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Additional information:
(i) Closing stock Rs.3,000
(ii) Outstanding wages Rs.800
(iii) Depreciation of Furniture at 10%
(iv) Provide 5% for doubtful debts
(v) Prepaid rent Rs.100
4. a) Briefly explain the objects of book keeping.
b) Define BEP. How to construct the Break-even chart and explain it?
5. a) Describe the various methods of data collection.
b) A problem in statistics is given to five students A, B, C,D and E. Their chances of solving it are 1/2, 1/3, 1/4, 1/5 and 1/6. What is the probability that the problem will be solved?
6. a) Fixed cost of the company is Rs.2,00,000 Sales are Rs.4,00,000/- Variable cost per unit Rs.10/- selling price per unit is Rs.40/- Find (i) BEP Quantity (ii) BEP sales (iii) Margin of safety (MOS) (iv) If selling price increases by 10% what is the BEP sales? (v) If fixed cost is increased by 50% what is the new BEP quantity.
b) What do you understand by sampling? State the methods of sampling distribution.
7. a) A motor car was purchased on 1st January 2006 for Rs.40,000. On 30th June 2006, another second hand car was purchased for Rs.15,000 and Rs.5,000 was spent for repairs. On 30th June, 2007, it was sold for Rs.15,000. Prepare motor car account after allowing depreciation of 10% p.a. on the written down value.
b) Enumerate the components of time series.
8. a) Calculate the mean and median for the following frequency distribution.
Marks / No. of students.45-50 / 10
40-45 / 15
35-40 / 26
30-35 / 30
25-30 / 42
20-25 / 31
15-20 / 24
10-15 / 15
5-10 / 7
b) Define depreciation. Explain the different methods of depreciation.
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