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QP EE&IE

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15 views2 pages

QP EE&IE

Uploaded by

jyotishmoyhazarika72
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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CAT, B.

Tech - 6th semester, Branch- EE & IE

Sl Questions Marks CO
No
1 Define transaction? Discuss the difference between book keeping and Accounting. 1+4=5 1

2 a) What is a Ledger? Explain cash ledger with help of a hypothetical example. 2+3=5 2
b) Pass journal entries from the following transactions. 8
i) Bhargav started a business with cash Rs. 250000
ii) Purchased goods for cash Rs.35000
iii) Cash deposited into bank Rs. 30000
iv) Goods sold to Rahul on cash Rs. 28000
v) Goods sold to Sharma on credit Rs. 25000
vi) Paid to Abdul Rs. 30000
vii) Commission allowed Rs. 6000
viii) Rent paid to Anil Rs.4000
3 a) What do you mean by trial balance? How is it different from a ledger. 4 3
b) Prepare a triple column cash book from the following transactions for the 8
year June 2022.
i) Cash at hand Rs. 105000, Cash in hand Rs. 55000
ii) Received cash from Raj Rs. 4000, in full settlement of Rs. 3600
due from him.
iii) Rs. 9500 withdrawn for personal use.
iv) Cash Deposited into bank Rs. 96000
v) Received from Gaurav Rs. 6000, discount allowed to him Rs. 200
vi) Commission paid by cheque Rs.6000
vii) Received Cash from Pranjal Rs. 32000 and discount allowed 10%
viii) One cheque Rs 55000 received from Mr. Ramesh and endorsed to
Mr. Kunal.
c) Define Bank Reconciliation statement. Give four causes of difference in 6
Cashbook and Passbook.
d) On 31st March 2020 the cash book of Mr. Baruah showed a debit balance of 6
Rs. 8000. On comparing the Cashbook with Passbook the following
differences were noted:
i) Cheque of Rs. 15000 issued to Prantik but not presented for
payment.
ii) Cheque of Rs.1300 deposited into bank but not cleared.
iii) A cheque of Rs.730 was paid into bank but bank credited the
amount with Rs. 703 by mistake.
iv) A debtor deposited Rs. 8800 directly into the bank.
v) Bank debited the account by Rs.68 as annual maintenance.
vi) Interest on savings Rs.300 credited by bank but not recorded in
Cashbook.
4 a) Distinguish between Capital And Revenue Expenditure with examples. 4 5
b) Write Short notes on: 4
i) Debts ii) Prepaid expenses iii) Outstanding expenses iv) Accrued income

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