Paper Code: BBA -202

Enrollment No.

BBA
nd
2 Semester Examination, Calendar Batch 2022
Financial Accounting
[Time : 3:00 Hours ] [Max. Marks : 70]

(Section-A)
Attempt any two long questions from Section A. Each question carries 20 marks.[2*20=40]

Q.1 Explain the fundamental accounting equation. How are the revenue and expenses account
related to it?
Q.2 What are the different types of accounts? Explain with examples their rules of debit and credit.
Q.3 Explain the meaning of depreciation. Enumerate different methods of depreciation. Explain
straight line method.

(Section-B)
Attempt any four short questions from Section B. Each question carries 05 marks..[4*5=20]

Q.1 What is the purpose of preparing trial balance?

Q.2 Explain in brief the concepts of money measurement.
Q.3 Describe the basic purpose of source documents.
Q.4 Why are the rules of debit and credit same for both liability and capital?
Q.5 Distinguish between purchases book and purchases account.

(Section-C)
Attempt all very short questions from Section C. Each question carries 02 marks. .[5*2=10]

Q.1 What is the accounting year of the company?

Q.2 How income is received in advance shown in the accounting equation?
Q.3 What do you mean by ratio analysis?
Q.4 What do you mean by credit sales of goods?
Q.5 Why is it necessary to prepare Ledger Accounts?