Case Questions

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End-Term Exam, FRA, PGP-I (Term I), AY-2017-18, IIM, Lucknow, 17 th September.

Instructor: Prof Prakash Singh

Case Questions:

1. Help Sam identify and recreate the Accounting Transactions that happened because of
Business events between 2011 (Exhibit 2) and 2012 (Exhibit 3 and Exhibit 3 Contd.). Hint: there
are 23 such transactions. (20M)

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End-Term Exam, FRA, PGP-I (Term I), AY-2017-18, IIM, Lucknow, 17 th September. Instructor: Prof Prakash Singh

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End-Term Exam, FRA, PGP-I (Term I), AY-2017-18, IIM, Lucknow, 17 th September. Instructor: Prof Prakash Singh

2. Prepare a Statement of Cash Flows for Horse Vet LLC for the year ending Dec 31, 2012 (15M)

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End-Term Exam, FRA, PGP-I (Term I), AY-2017-18, IIM, Lucknow, 17 th September. Instructor: Prof Prakash Singh

3. Now, using Statement of Cash Flows for the year ending 2011 (Exhibit 6) and Balance Sheet as of
year ending 2011 (see Exhibit 2), recreate the Balance Sheet for year ending 2010. (15M)

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