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FYBCOM - Sem 1 - Oct-Nov2019 (2019 Pattern)
FYBCOM - Sem 1 - Oct-Nov2019 (2019 Pattern)
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Seat No.:
SYMBIOSIS COLLEGE OF ARTS AND COMMERCE
(An Autonomous College Under Savitribai Phule Pune University)
Title of the examination F.Y.B.Com
Semester I
Title of Subject Individual & Society (Addl. English)
Subject Code 10152C16
Date of examination 05/10/2019
Time 2 hrs. (11.00 am to 1.00 pm)
Maximum Marks 60 marks
Instructions
I) All questions are compulsory.
2) Figures to the right indicate full marks.
Q. 1 With reference to the context, explain the following. (Any Four). 20 (5 marks each)
1) After I left home, who hated
to see my mother removed daily
the sludge the air lay down like a snail's track
so that when in school I read of Sisyphus
and his rock, it was her I
thought of, housewife scrubbing
on raw knees as the factories rained ash.
Any one, who feels disposed to look a little more into the laws and ordinances as embodied in
the Manava Dharma Shastra and other works of the same class, would undoubtedly be
impressed with the deep cunning underlying them all.
'Hey, if he asked a Chuhra's progeny to sweep, what is the big deal in that?'
'He only got him to sweep; did not ask for his thumb in the gurudakshina like Dronachaiya!
After that day, Uma never got back her exercise-book. Pyarimohan had an exercise-book too,
filled with barbed essays expounding his elaborate theories. But there was no benefactor of
humankind to seize that book and destroy it.
b) A company manufactures two types of bulbs. It was found that out of 600 bulbs of
type I, on an average 35 are defective, whereas out of 500 bulbs of type II, the
average of defective bulbs is 65. Find the average of defective bulbs in the overall
production.
Find the mode for the following data:
C.I 0-10 10-20 20-30 30-40 40-50 50-60 60-70 70-80 80-90 90-100
f 4 9 14 25 18 6 2 1 1 0
And mention one merit and one demerit of the Quartiles.
Define coefficient of variation. If the mean for the following data is 59 runs, find f
and the coefficient of variation.
Score 15-25 25-35 35-45 45-55 55-65 65-75 75-85 85-95 95-105,
innings 4 8 '14 . f 20 14 10 • 6 6
Seat No.:
Q.2)P, Q and R are partners shared profits and losses in the proportion of 1/2, 1/3, and
1/6 respectively. They dissolve their business on 31st March, 2018 when their Balance-
sheet was as follows: Rs
Rs Assets
Liabilities 8,000
Cash in hand
Capital 45,000
P. 10,000 Debtors
40,000 Stock 20,000
60,000 Bills Receivable 10,000
4,000 Machinery - 40,000
Income Tax Payable
Creditors 6,000
Bills Payable 3,000
123,000 Total 123,000
Total
The assets of M/S PQR are realized as follows:
April, 2018 Rs 19,000
May, 2018 Rs 18,000
June, 2018 Rs 30,000
July, 2018statement Rs 30,000
Prepare showing distribution of cash as per Maximum Loss Method
(14 marks)
applying Garner Ws Murry Rule.
Q.3)A and B were partners sharing profits in the ratio of 3: 1 respectively. Their Balance
Sheet as on 31-3-2018 was as follows: •
Balance Sheet as on 31st March 2018
Liabilities Rs. Assets Rs.
Sundry Creditors 20,000 Fixed Assets 50,000
Bills Payable 4,000 Loose Tools 4,000
A's Loan 6,000 Bills Receivable 8,000
Liability for Repairs 4,000 Stock 15,000
Profit & Loss A/c 8,000 Debtors 14,000 12,000
Less: R.D.D. (2,000)
Capital A/c's:: Cash 2,000
A 32,000
B 17,000
91,000 91,000
The partnership was converted into Limited Company on the date, subject to following
adjustments:
Fixed Assets include Motor Car of Rs. 8,000.
The company agreed to take over other Fixed Assets at as. 52,000, Stock at Rs.
14,000 and Debtors at Rs. 13,000. The company also agreed to Pay Creditor's and
Bills Payable at 10% Discount
Motor Car was sold by the firm for Rs. 10,000.
Bills Receivable were taken over by 'A' for Rs. 7,000 whereas 'B' took Loose Tools
for Rs. 3,000.
A's loan and liability for repairs were paid in full.
Realisation Expenses amounted to Rs. 2,400.
Goodwill was valued at 3 years purchases of the average profits of the last 4 years.
The profit figures are as follows:
2014-15 Profit Rs. 4,000
2015-16 Profit Rs. 8,000
2016-17 Loss Rs. 2,000
2017-18 • Profit Rs. 14,000
The purchase consideration was discharged by issuing 5,000 equity shares of Rs. 10
each at as. 12 per share and the balance in cash.
You are required to prepare:
a. Realisation Account •
d. Cash Account
e. Equity Shares in Ltd. Co. Account • (16 marks)
Q.4) Following were the Balance Sheet of Mahesh and Suresh and Ram and Sham as
on 31-03-2018:
Balance Sheets as on 31st March, 2018
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