jon 0 36521/E210 Reg. No. V Semester B.Com. 3 Degree Examination, March - 2022 MANAGE MENT ACCOUNTING (Repeater/Regular) easier hee Maximum Marks : 80 Instructions to Candidates: 1) Attempt all the Sections according to internal choice. woso8: Soden exorboran DY, Deporinen wvyor0. 2) Non-programmable calculator n may be allowed. mT Bp, e7,0 OeSod By, RQSeUo’ wen eabasswaa. 3) Section-D is compulsory. OyRN - B taShswnd. SECTION - A ae 1. Answer any TEN of the following. ~ (10x2=20) SUNNY, eros SE evgoro. a) b) °) d) °) Define Management Accounting. Asrar SieIs m,25, de. Write any two difference between Financial Accounting and Management Accounting. Bors Giger, she) Asraim Sips, Haas anAm worden 1 4,50,000 aba aye 2 1,30,000 wmQodezs storémosnto . + O@RFapoD monvd 3 1,20,000. tm darémotrieo among, mattneienai, 4 1,50,000 eno mori ue, 5 50,000 36521/E210 # tun du, ward abso Ferimoérie safedo shes’ ©. daooneds, waived. [P-T.O,36521/E210 (18) 1A 9. From the following statements of Assets and Liabilities of PARRY SUGAR Lig, as on 31-3-2020 and 2021. You are required to prepare. a) Schedule changes in working capital b) Statement of funds from operations ¢) Funds flow statement d) Necessary working notes. Statement of Assets and Liabilities Particulars Note No. 2020) 2021) I Equity and Liabilities A. Shareholder’s Fund 4,50,000 4,50,000 1. Share Capital 1 2. Reserves & Surplus 2 1,53,000 1,48,500 B. Current Liabilities 1. Trade payable 3 23,400, 18,900 2. Short Term Provisions 4 72,000 81,000 Total 400 TL. Assets C. Non-current assets 1. Tangible fixed assets 5 3,46,500 3,24,000 ; 2. Intangible fixed assets 6 1,08,000 1,08,000 D. Non-current investments 1. Long term investments 7 90,000 99,000 : E. Current Assets 1, Inventories 8 90,000 55,800 2. Trade Receivable 9 43,200 57,600 3. Cash and cash equivalenets10 20,700 54,000 _ ae dou! 698.400gro sa) 36521/E210 po Notes to Accounts . ? Particulars 2020.) 2021.) sie Nod Share. capital : Equity share capital 4,50,000 Total 4; 450,000 Note No2 Reserves & surplus Reserves 63,000 81,000 P & L Account (Cr) 90,000 67,500 Total 153,000 _1,48,500_ Noe No3 Trade payables Creditors 18,000 15,300 Bills payables 5,400 3,600 Total 23,400 18,900 Note No.4 Short Term Provisions Provision for tax 72,000 81,000 Total 72,000 31,000 Note No.5 Tangible fixed assets Buildings 1,80,000 1,62,000 Plant 1,66,500 1,62,000 Total 3,46,500 3,24,000 Note No.6 Intangible fixed assets Goodwill 1,08,000 1,08,000 Total 1,08,000 1,08,000 Note No.7 —_ Long term investments Investment 90,000 99,000 Total 90,000 99,000 Note No.8 Inventories Stock 90,000 55,800 Total 90,000 35,800 [RT.O.36521/R210 (20) ANCA Note No.9 Trade Receivables Debtors 27,000 31,500. Less: R.D.D. 1,800. 2,700 25,200 28,800 18,000 28,800 Bills Receivables Total 43,200 57,600 Note No.10 Cash and cash equivalents Cash in hand 20,700 54,000 Total : 20,700 54,000 Additional Information: a) Depreciation charged on plant was %.18,000' and buildings %.18,000. b) Interim Dividend of %.54,000 was paid during 2021. ©) Provision for tax was made during the year %.85,500. RYO Brio O, Aohdowasd O08 31-3-2020 BzQ 2021 dows BUOSS GA Bey BARONY B:25re00 3: SensaTeAD, SIRO’. a) CROs wommy wdenstegoh ats >) moywdrérieomed AGOx gs ©) AHot BOOT seh d) SEs wadrivd ey chaz aanimosry siairie> _ osttrivy ess 20208) 20218) TL 38}3 abzy atorémosrieo A kecocndd AQ 1. 3ed> vow 1 4,50,000 4,50,000. 2, doexen aap wey 2) 1,53,000 1,48,500 B, 109 atonémosivy 1, saad tenses 3 23,400 18,900 2, SEAR woowORE» 4 72,000 81,000 t- 36521/E210 2021 (@) 4,44,000 63,360 36,000 71,040 6,14,400 1,80,000 30,000 2,56,200 1,01,400 46,800 7614,400_ Pal (23) The financial statements of two years of Tanmay Ltd. are given below: Nb. Statements of Assets and Liabilities particulars Note No. 2020) I Equity and Liabilities ‘A. Shareholder's Fund 1. Share Capital i 4,20,000 2. Reserves & Surplus 2 60,240 B, Non-Current Liabilities 1. Long term barrowings 3 72,000 C. Current Liabilities 1. Trade payables 4 62,160 Total 614,400 I. Assets D. Non-current assets 1. Tangible fixed assets 1,20,000 2. Intangible fixed assets 6 60,000 E. Current Assets 1. Inventories o 2,95,200 2. Trade Receivables 8 85,200 3. Cash and cash equivalenets9 54,000 Total 6,14,400 Notes to Accounts : Particular's 2020.) 2021.) Note No.1 Share capital Equity share capital > _4,20,000 4,44,000 Total ¥20,000 444,000 Note No.2 Reserves & surplus P & L (Account) A/C 60,240 63,360 60240 _ 63,360 Total [P.T.0.04) 36521/E210 Note No.3 Long term barrowings end Debentures oan ‘Total 72,000 — Note No.4 ‘Trade payables i 62,160 Creditors + 62)10Eee Total 62,160 __ Note No.5 Tangible fixed assets 20,000 Land 120.000 Total 11,20,000 __ Note No.6 Intangible fixed assets Goodwill 60,000 Pemcneee Total 60,000 Note No.7 _ Inventories Stock 2,95,200 Total 2,95,200 Note No.8 Trade Receivables Debtors 89,400 Less: RDD. 4,200 Total 85,200 Note No.9 Cash and cash equivalents Cash at bank 54,000 Toa 4,000 Additional Information: a) b) °) 4) You are required to prepare cash flow statement as per AS-3 (Revised) Dividend paid %.21,000. Land purchased %,60,000 Goodwill written off %.30,000 Debenture redeemed %.36,000 En 36,000 36,000. 36,000 71,040 71,040 71,040 71.040 1,80,000 780,000 30,000 30,000 2,56,200 2,56,200 1,06,200 4,800 1,01,400 46,800 46,800 )_— en po 36521/E210 SECTION - D ayo - & case Study Compulsory Question (1*15=15) ase Stud) gid oF sme SE, qhe following are the statement of Assets and Liabilities of RUTU Ltd. as on 1-3-2020 and 2021 Statement of Assets and Liabilities { Particulars Note No. 2020) 2021) 1 Equity and Liabilities ‘A. Shareholder's Fund 1. Share Capital 1 9,00,000 ——_‘12,00,000 2. Reserves & Surplus 2 2,10,000 3,54,000 B, Non-Current Liabilities 1. Long term barrowings 3 4,50,000 3,00,000 C. Current Liabilities 1, Trade payables 4 2,25,000 2,97,000 2. Short term provisions 5 246,000 3,00,000 Total “20,31,000 —24,51,000_ IL Assets D. Non-current assets a 1. Tangible fixed assets 8,40,000 11,10,000 2. Intangible fixed assets al 3,45,000 2,70,000 E. Current Assets 1. Inventories 8 2,31,000 3,27,000 2. Trade Receivable 9 5,40,000. 6,90,000 3. Cash and cash equivalenets 10 75,000 54,000 Total 20,31,000 24,51,000 [PT.O.nr eiecsrai i 36521/H210 Notes to Accounts + (28) Particular's Note No.1 Note No.2 Note No.3 Note No.4 Note No.5 Note No.6 Note No.7 Note No.8 Share capital Equity. share capital Total Reserves & surplus General Reserves P& LA Total Long term barrowings 10% Debentures Total Trade payables Creditors Bills Payable Total Short term provisions Provision for taxation Proposed dividend Total Tangible fixed assets Machinery Building Total Intangible fixed assets Goodwill Total Inventories Stock Total HHH 2020.) 2021) 9,00,000 12,00,609 9,00,000 _12,00,009. _9,00,000 - 2,000 1,20,000 2,10,009 90,000 144,000 2,10,000 3.540000 4,50,000 3,00,000 450,000 __3,00,000 1,65,000 2,49,000 60,000 48,000 _2,25,000 100 1,20,000 1,50,000 1,26,000 1,50,000 2,40,000 6,00,000 6,00,000 5,10,000 STG a 11, 10,000 ALIS 3,45,000 2,70,000 (455000) 2,70,000 2,31,000 3,27, 000 237,000 3.20008» 2 3) ab Dobwosd CY Comparative statemen! Give your comments on the following: (29) sot : ng Trade Receivables » No. a F Debtors. 4,80,000 Bills Receivables 60,000 Total _5,40,000_ yoo Noto Cash and Cash Equivalents oe 75,000 Total aay prepare ts of Assets and Liabilities. Liquidity position of the company. Financial policy followed by the company. Overall financial position of the company: 34 sbeQ Basmosnd 42 wey, storied Hess 2020) Lays aba atorémoérico A Secoomdd OD 1. See weed 1 9,00,000 2. doen shay dye 2 2,10,000 B. wndoisees starémeotrteo 1. ages mer 3 4,50,000 C. iQ storsmoenvo "1. mamaria, matardenctcty, 4 2,25,000 2. Seago awortriso 2,46,000 20,31,000 a, -_ 36521/E210 6,00,000 90,000 76,90,000 54,000 54,000 Myer zh me Barémosreo 31-3-2020 sos 2021 dom 3: s#nsoss. 2021), 12,00,000 3,54,000 3,00,000 2,97,000 [P.T.O.