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    Am - 23bba2c2

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    AM - 23BBA2C2

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    12 views2 pages

    Am - 23bba2c2

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    of 2

    SYED AMMAL ARTS AND SCIENCE COLLEGE

    Ramanathapuram-623513
    Affiliated to Alagappa University, Karaikudi
    NAAC Accredited with B Grade and recognized by UGC under section 2(f)
    DEPARTMENT OF BUSINESS ADMINISTRATION
    I - BBA
    ACCOUNTING FOR MANAGERS-II
    II - INTERNAL
    ACCADEMIC YEAR : 2023-2024 DATE : 21.03.2024
    SUBJECT CODE : 23BBA2C2 SEMESTER : II
    TIME : 2 Hours MAXIMUM MARKS : 45
    PART - A
    ANSWER THE FOLLOWING
    PART-A (5x2=10)
    1. Define management accounting.
    2. What is mean by financial statements?
    3. What is mean by ratio analysis?
    4. Briefly explain any two characteristics of management accounting.
    5. What is mean by comparative financial statement?

    PART - B (3x5=15)

    6. a) Explain the objectives of financial statement analysis? (Or)


    b) Explain the functions of management accounting?
    7. a) What are the significance of ratio analysis. (Or)
    b) cash sales during the year 1,50,000
    Credit sales during the year 2,70,000
    Returns inwards 20,000
    Trade debtors in the beginning 50,000
    Bills receivable in the beginning 5,000
    Trade debtors at the end 42,000
    Bills receivable at the end 3,000
    Provisions for bad and doubtful 5,000
    Calculate: a) Debtors Turnover Ratio b) Average collection period

    8. a) The following is the profit and loss account of Prabha Ltd.,

    Rs Rs
    To opening stock 50,000 By sales 2,50,000
    To purchases 1,25,000 By closing stock
    To manufacturing exp 25,000
    To office exp 12,500
    To selling exp 15,000
    To preliminary exp 12,000
    To net profit 3,000
    Total 57,500
    2,75,000 2,75,000

    From the above, calculate


    a) Net profit ratio b) Operating ratio c) Office exp ratio
    d) Selling exp ratio (Or)

    b) Explain the turnover ratios with formula.


    PART - C (2x10=20)

    9. From the following profit and loss a/c and balancesheet for the year ended 2005 and 2006, you are
    required to prepare a comparative income statement and a comparative balancesheet.
    PROFIT AND LOSS A/C
    2005 2006 2005 2006
    Rs Rs Rs Rs
    To cost of goods sold 6,000 7,500 By Net sales 8,000 10,000
    To operating exp
    Administrative 200 200
    Selling 300 400

    To Net proft 1,500 1,900


    8,000 10,000 8,000 10,000
    BALANCESHEET
    Liabilities 2005 2006 Assets 2005 2006
    Rs Rs Rs Rs
    Bills payable 500 750 Cash 1,000 1,400
    Tax payable 1,000 1,500 Debtors 2,000 3000
    Sundry creditors 1,500 2,000 Stock 2,000 3,000
    6% Debentures 1,000 1,500 Land 1,000 1,000
    10% Pref Capital 3,000 3,000 Buildings 3,000 2,700
    Equity capital 4,000 4,000 Plant 3,000 2,700
    Reserves 2,000 2,450 Furniture 1000 1,400

    13,000 15,200 13,000 15,200

    10. Distinguish between financial accounting and management accounting.

    11. From the following balance sheet for the year ended 2004 & 2005.

    LIABILITY 2004 2005 ASSETS 2004 2005


    Rs. Rs. Rs. Rs.
    Share capital 1,00,000 1,50,000 Land and building 100,000 90,000
    General reserve 50,000 60,000 Machinery 1,00,000 1,19,000
    Profit and loss a/c 30,500 30,000 Stock 50,000 24,000
    Bank loan 70,000 - Debtors 75,000 63,200
    Creditors 50,000 37,200 Cash 2,500 16,000
    Provision for tax 32,000 35,000 Goodwill 5,000 -

    3,32,500 3,12,200 3,32,500 3,12,200

    During the year ended 31st December 2005


    Dividend paid Rs.23,000
    Depreciation written off:
    Machinery-Rs.14,000
    Building –Rs.10,000
    Income Tax paid Rs.28,000
    Prepare the following statement :
    (i) Statement of changes in working capital
    (ii) Fund flow statement

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