193586
No. of Printed Pages : 8 HONE A
GS-468
VI Semester B.Com. Examination, May/June - 2019
COMMERCE
6.4: Management Accounting
(CBCS - Fresh+Repeaters - 2017-18 onwards)
‘Time : 3 Hours Max. Marks : 70
Instruction
Answers should be written completely either in English or in Kannada.
dgpiI-2/SECTION-A
§
a
g
i
g
RAEI MYOA, BS LIN 2 sodries, 5x2=10
Sub-questions. Each Sub-question carries 2 Marks.
(0) Ba2 Ogeaind aocidea 9
What is Trend Analysis ?
(c]_ evash ScOrmOs Saxo oom esizdErivah, Bea,
State two Requisites of Good Reporting System,
(d) modramt nowseds ears, sen,
State the meaning of Working Capital.
{e) sith Boonag weed SBF 3a,
Write the meaning of Cash flow Statement.
(0) nodiaey reoon exmud Sebatoay, alert steabo0 9
How do you Calculate Capital Gearing Ratio ?
(g)-maked, my, a8 oxems ears, Bea,
Give the meaning of Common Size Statement analysis.
P.T.O.GS-468 2
agen-/SECTION-B
cirajmenite 3 xyyien wvgoa. xo gE 6 vores.
{ANCTITO AO
3x6=18
Answer Any 3 questions. Bach question carrics 6 Marks.
81 detod Sewscord sews
(i) Zoe eres fii) meme Stam Umm
Habs : ud, sayieo % 6,00,000, stone oem
= 1,60,000, Adwrid smocwd
% 23,00,000, =
erbandaiah, Pomtoeono :
(iii) RO-gS VADEES
% 60,000, Saprogys cams
ma, secs wowed aes,
2 8,00,000, 10% weiss ec wo=me %3,00,000, 12% amv sizrsb €3,00,000,
wd, nanmROMe %3,00,000, maz, Muexer F 2,00,000.
From the information given below, calculate the following ratio:
(i) Quick ratio
Information :
(ii), Stock Turnover ratio
ii) Debt-Equity ratio.
Current Assets % 6,00,000, opening stock 60,000, closing
stock % 1,60,000, cost of Goods sold T 23,00,000, Equity Share Capital
% 8,00,000, 10% Preference Share Capital € 3,00,000, 12% Debentures
% 3,00,000, Current Liabilities T 3,00,000, General Reserves & 2,00,000.
Asirais CymA_S mena, XofseeN Sabor
Briefly explain the Role of Management Accountant,
added addneod et:
awe NHodA, sowie
&
= somart dotogisity
sessed
Hide sastnomhages
AS Agarle seooet
moo Wg? abeOs Ocincwdcded, vasoeacae
Baasrig snvwts0
sashaerd Dedryed sen:
BBs ceqnod
mowsnd Omecda OAR
agdOAGs epee
From the following details find out Funds from
Company.
Salaries
Depreciation Written off
Profit on Sale of Fixed assets
Discount on Debentures written off
Loss on Sale of Investments
Preliminary Expenses Written Off
Proposed Dividend
Transfer to Debenture Redemption Fund
Dividend received
8,500 ~
15,300
14,000
20,000
2,000
8,000
0,000
20,000
4,500
Operation of a Start up
=
8,500
15,300
14,000
20,000 :
2,000
8,000
50,000
20,000
4,500MOTTE 7
5
Bi Bens Tosco sobs sot
zigoshsh, ZomNON.
G@s.468
2016 2017
zg z
woes 5,00,000 4,00,000
Same coed acid eg 3,00,000 1,80,000
sees soe sheones shes 1,00,000 70,000
add emmobiw ~ 20,000 10,000
seo sori 60,000 70,000
From the following information prepare a Comparative Income Statement,
Year 2016 Year 2017
z z
Sales 5,00,000 4,00,000
Cost of Goods Sold 3,00,000 1,80,000
Administration & Selling Expenses _1,00,000 70,000
Other Incomes 20,000 10,000
Income Tax 60,000 70,000
Slaton
2017 2018
z z
adelemed soeried 60,000 57,000
adoedrive 20,000 22,500
Berieierets soar 30,000 38,000
arse 9,000 7,000
wee athe Seapieb 2,000 2,200
Boone aedsseed DebeTicd 900 800
S2eR8ORG TBO 700 850
awordann adobe sco —-900 350
Bis air eg - 80,000
Binsuineod aa Aric 480.
From the following balances calculate Cash from operations.
31st December
2017 2018
zg z
Bills receivables 60,000 57,000
Debtors 20,000 22,500
Bills payable 30,000, 35,000
Creditors 9,000 7,000
O/S Expenses 2,000 2,200
Prepaid Expenses 900 ‘800
Accrued Income 700 850
Income received in advance 900 350
Profit made during the year s 80,000
P.T.O,GS-468 4
amide 3 wert wgoa. 8 eA 14 a.
newer ny, 5 questions, question carries 14 Marks.
508, ewuts sods! wmess wey, GeV’ 31.3.2017 Corb oi sexouosd.
Togned,
5 Sencha emda
1¢ sheO (ROE) eeqRos
ders Lid. for the year ended
the Summarised Balance Sheet of Aditya 4
31.3.2017 is given below :
& Lakhs
apital and Liability [= | Assets | z
Equity Share Capital |150| _ Fixed Assets (at Cost),
(Pully Paid up) 220)
Reserves & Surplus | 55| Less Depreciation 35] 185
Profit & Loss A/ 20] Current Assets :
Provision for taxation | 10] Stock 35
Sundry Creditors Debtors 40|
Cash 25| 100
285{OOD TAA : ceee
The additional information is given below :
% Lakhs
Sales 130
Earnings before interest & Tax - 40
Profit after tax (PAT) - 30
Calculate the following for the company and explain the Significance of cach ratio.
(i) Current ratio (iv) Debtors Turnover ratio
(ii) Liquidity ratio {v) Stock Turnover ratio
(ii) Profitability ratio (vi) Average Collection Period
(vii) Return on Equity.
a waoush, Nedewndd,
7/31.12, 2017] 31.12.2
eonagprivo ol a7 31 aay wai]! yor 31 azn?
Gane '50000[_54000|aria> 20000) 8000
mporived sid =e 50000} 60000 ]aisesrxe 40000 s0000
S958 utegdort aida .
a 25000) -—_fmpaeaiorixs 45000] 35000
money 135000] 163000 ‘90000 65000
40000 54000
25000] 55000
260000| 277000 260000] 277000
Beko seks
Bhs Sairad odosriy aPe, $20,000 css, € 6000 skocuandd (Honma wate
% 4000) 01.01.2017 doxd obowsid ax
750000. sas asircd exgpows slag T 55000.
rich BOOS Hele a, SoRROA.
Given below are the Balance Sheet of Ramachandra & Sons,
#388 735000 ade 31.12.2017 doed
1 Jan 2017]31 Dec 2017 i-Jan-2017
a 31-Dec-2017
Liabilities . . Assets - :
Creditors 50000 54000] Cash 20000 000
Loan from Ban! 50000 60000 |Debtors 40000) 60000
Mia. Ghitrala 25000 : Stock 45000} 35000
Loan,
Capital 135000 163000| Machinery 90000) 65000
Land 40000 55000
Building 25000 54000
| 360000[ 377006] 260000] 277000
P.7.0,GS-468
6
(EO
During the year a machine costing t 20,000 (accumulated depreciation
% 4000} sold for Z 6000. The Provision for Depreciation against Machinery as
on ist January 2017 was ¥ 35000 and on 31st December 2017 % 50000.
Net Profit for the year amount to ¢ 55000.
You are required to prepare Cash Flow Statement.
31 S¢¥od aiebSobeh, wea,
wah OYA. (Zig Sette)
aaones 2015
z
sioamet 300000
xderig sokmose ales, 250000
mote wstaeditéris sbog :
tekeO sygivo 10000
BoeTet3 Bagi 5000,
os) 2000,
wobraairteds cages :
mony, sheOs 0B 6000
mod meds De 15000
2016
z
550000
300000
53000
30000
5000
14000
20000
2017
zg
650000
300000
70000
45000
6000
30000
50000
2 agesis exbaed Sis. shoo sxirdos 2015
From the Following information compute trend ratios, use 2015 as base year
{trend Percentage)
Particulars 2015
zg
Sales 300000
Cost of goods sold 250000
Operating Expenses :
Office Expenses 10000
Selling Expenses 5000
Distribution Expenses 2000
Non-Operating Expenses
Interest on Debentures 6000
Interest on Loan 15000
2016
zg
550000
300000
55000
30000
5000
14000
20000
2017
z
650000
300000
70000
45000
6000
30000
50000AQUA z Se4g8
10. Us Sood edDoC anelat Ueld wpe BBB ade afeysO stataders
BokmON : (a) wd womDYeIgS adeesiniod aby ab
(b) BO WOdE sejxdsh, sodnos,
orimosney 31.3.16 |31.3.2017| ware 31.3.16 31.3.17
= z 2 z z
WERE, HS worse? | 6,00,000] 7,50,000]ayanv 3,50,000] 5,00,000
20g def ad 50,000] 75,000;adoere 3,00,000| 4,00,000
Der me 2,00,000] 4,00,000)e:edaeasécrerivb | 1.85,000] 2,05,000
Beéried 4,50,000] 5,40,000|>™5 2,60,000| 4,50,000
Saaiicms shoant 85,000] 95,000 }aiedriso 2,00,000) 1,80,000
ems tbe sags 5,000] 10,000}arie 85,000] 1,35,000
, akon ead
sears 10,000} “i
13,90,000} 18,70,000} 13,90,000} 18,70,000
Beso shots :
(a) boyy shed 20,000 ade Sich
atone,
oxdacaitdrny shed % 20,000 sx¥e
(b) sesirgea serie € 10,000 sichaedeanes.
(c) Rx MOSY DocOrcd veyed F 1,50,000.
From the following Balance Sheet of Arvind Ltd and additional information
Prepare : (a) Statement of changes in Working Capital
(b) Fund Flow Statement.
atte 31.3.16 31.3.17 31.3.16 31.3.17
Liabilities 2 Ss Assets . i
Equity Share Capital |” 6,00,000] 7,50,000/Building | 3,50,000| 5,00,000
P&LA/c 50,000) 75,000] Machinery 3,00,000} 4,00,000
Long term debt 2,00,000] 4,00,000|Furniture | 1,85,000] 2,053,000
Creditors 4,50,000] 5,40,000]Stock 2,60,000] 4,50,000
Bills Payable 85,000] 95,000|Debtors 2,00,000] 1,80,000
O/S Expenses 5,000] — 10,000|cash 85,000] 1,35,000
Preliminary
Expenses 10,000} -
13,90,000] 18,70,000) 13,90,000} 18,70,000
P.T.O.as-a6s 8 (AQT
Additional Information
(a) Depreciation written off on Machinery € 20,000 & on Furniture & 20,000.
(b) Preliminary Expenses written off € 10,000.
{c) Building purchased during the year & 1,50,000.
11. (a) 8¥r QeADdS Bketorvs mokrmo wodmdna, sSupyAxaycac,
darboiehabajder epee uovesicierbsoyaiee nocd mre Xow Sen.
(i) toc wovot 10,000 secrvah, F 100 ¥ aredederh Acae awAT.
(ii) Parien mesaacd Arch F 75,000
(ii) OegFHO MeBENd % 10,00,000 | smoked.
(iv) URANO Seis Sich meta, F 20,000
(vy) siveré empot gor massac, % 75.000
(vi) egos wRBSATH, T 50,000,
(ii) S068 dara oad mw T 1000 & aay Lotinosm.
(b) Seis Qacreod aga soodobeh, dotn
(i) ARIS 11.2017 dow F 9,00,000
(ii) BHO 31.12.2017 dood F 6,10,000
mast sheds xsiz 15%
(iv) BF asic aid X 70,000 (ais BF F 30,000) skeOm, % 42,000.
(v) ARIS BS F 15,000 (eins aI F 4,500) mBRIS deoneh, ecb Re0ad.
(vi) mss Beostch, € 2,30.000.
(a) State with reason whether the following transactions result in the
increase or decrease of Working Capital or do not affect the Working
Capital
(i) A Company issued 10,000 shares of € 100 each at Par.
(ii) Cash paid to Creditors € 75,000.
(iii) Long term Investments were sold for % 10,00,000.
liv) Preliminary expenses written off % 20,000
() Advance Income tax paid 75,000.
(vi) Dividend paid € 1,50,000.
(vii) Bad debts written off during last year recovered & 1000.
(b) Prepare Plant A/c from the following :
(i) Plant as on 1.1.2017 % 3,00,000
ii) Plant as on 31.12.2017 & 6,10,000
(iii) Depreciation on Plant charged at 15%
(iv) Old plant costing % 70,000 (WDV % 30,000) have been sold for
% 42,000
(v) A plant costing & 15,000 (WDV % 4,500) has been discarded.
(i) A plant purchased for € 2,30,000.
-000-