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]_ evgsh ScOrmOs Saxo oom esiedErivah, 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 Ooincwdcday, dasoeacae 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 4,500MOTTE i 5 Bi Bens Tosco sobs sot zigochsh, ZomNOA. 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 ame arich 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 s¢xouodd. Togned, 5 Sencha emda 1¢ sheOS (ROE) egos 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 z 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 mass, Nedewndd, 7/31.12, 2017] 31.12.2 eonagprivo ol a7 31 any wai]! yor 31 azn? Gane '50000[_54000|aria> 20000) 8000 mporived sid =e 50000] 60000 ]aisesrxe 40000 s0000 S958 utegdort aida . a 25000) = -——_fmpareaiorixs 45000] 35000 money 135000] 163000 ‘90000 65000 40000 54000 25000] 55000 260000| 277000 260000] 277000 Beko seks Bhs Sairad odosriy aPe, $20,000 cx, € 6000 skocuandd (Honma Hate % 4000) 01.01.2017 doxd obowsid ax % 50000. sas asircd enppowsd slag T 55000. rich BOOS Hele a, SoRROA. Given below are the Balance Sheet of Ramachandra & Sons, #388 735000 ade 31.12.2017 ord 1 Jan 2017]31 Dec 2017 i-Jan-2017 a 31-Dec-2017 Liabilities . . Assets - : Creditors 50000 34000|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 50000AQUA 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-