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Friday, August 17, 2018

Bangalore University Banking Law and Operations Question Paper of May 2017

Here you can find out Bangalore University 2nd Semester B.Com Banking Law & Operations Question Paper of the year May 2017 & also you can download this Question Paper in PDF Format. If you are searching for Bangalore University Previous Year/Old or Model Question Papers, Question Bank or BU Question Papers visit Bangalore University Question Papers Section to download more question papers in PDF format.
                                       Details of Question Paper
University Name:Bangalore University
Course Name:Bachelor of Commerce
Subject:2.5 - Banking Law & Operations
ClassSecond Semester
Question Paper Code:US461
Year May 2017
SchemeCBCS (2014-15)
 
Bangalore University Second Semester B.Com Banking Law & Operations Question Paper of May 2017
Section - A
Answer any five questions each question carries two marks (2x5=10)
1. a) What do you mean by endorsement?
b) What is special crossing? 
c) Define 'promissory note'. 
d) What is mortgage? 
e) Expand RTGS and MICR. 
f) What do you mean by Dishonour of cheque? 
g) Who are lunatic? 

Section - B
Answer any three questions each question carries six marks (6x3=18) 
2. What is negotiable instrument ? Explain its features. 
3. Distinguish between overdraft and cash credits. 
4. What are the advantages of credit cards? 
5. What are the consequences of wrongful dishonour of cheque? 
6. Distinguish between general lien and particular lien. 

Section - C 
Answer any three questions each question carries fourteen marks (3x14=42) 
7. Who is Paying Banker? Explain the statutory protection available to the Paying Banker. 
8. State the different type of Bank Accounts and explain the procedure in opening and operating the account of a minor. 
9. Explain the different kinds of endorsement. 
10. Briefly explain the relationship between the Banker and Customer. 
11. Explain the principles of Bank lending in detail. 

Bangalore University Additional English 2 Question Paper of May 2016

Here you can find out Bangalore University 2nd Semester B.A/B.Sc/B.com/B.B.A/B.H.M/B.C.A Additional English 2 Question Paper of the year May 2016 & also you can download this Question Paper in PDF Format. If you are searching for Bangalore University Previous Year/Old or Model Question Papers, Question Bank or BU Question Papers visit Bangalore University Question Papers Section to download more question papers in PDF format.
                                       Details of Question Paper
University Name:Bangalore University
Course Name:B.A/B.Sc/B.com/B.B.A/B.H.M/B.C.A
Subject:Additional English - II
ClassSecond Semester
Question Paper Code:MS071
Year May 2016
SchemeCBCS (2014-15)
 

Bangalore University Additional English 2 Question Paper of May 2017

Here you can find out Bangalore University 2nd Semester B.A/B.Sc/B.com/B.B.A/B.H.M/B.C.A Additional English 2 Question Paper of the year May 2017 & also you can download this Question Paper in PDF Format. If you are searching for Bangalore University Previous Year/Old or Model Question Papers, Question Bank or BU Question Papers visit Bangalore University Question Papers Section to download more question papers in PDF format.
                                       Details of Question Paper
University Name:Bangalore University
Course Name:B.A/B.Sc/B.com/B.B.A/B.H.M/B.C.A
Subject:Additional English - II
ClassSecond Semester
Question Paper Code:US079
Year May 2017
SchemeCBCS (2014-15)
 

Thursday, August 16, 2018

Bangalore University Advanced Financial Accounting Question Paper of May 2015

Here you can find out Bangalore University 2nd Semester B.Com Advanced Financial Accounting Question Paper of the year May 2015 & also you can download this Question Paper in PDF Format. If you are searching for Bangalore University Previous Year/Old or Model Question Papers, Question Bank or BU Question Papers visit Bangalore University Question Papers Section to download more question papers in PDF format.
                                       Details of Question Paper
University Name:Bangalore University
Course Name:Bachelor of Commerce
Subject:2.3 - Advanced Financial Accounting
ClassSecond Semester
Question Paper Code:SA743
Year May 2015
SchemeCBCS (2014-15)
 
Bangalore University Second Semester B.Com Advanced Financial Accounting Question Paper of May 2015
Section - A
1. Answer any five of the following Each question carries two marks (5×2=10)
a) What is Del-credere commission?
b) Who is consignor?
c) Why is Memorandum Trading Account prepared?
d) State the method of accounting for Joint Venture.
e) From the following information find out fire insurance claim
Value of stock on the date of fire 2,00,000
Policy amount 1,50,000 Goods saved from fire 50,000.
f) What do you mean by load price?
g) How do you allocate the following expenses in departmental accounting?
i) Carriage outwards
ii) Canteen expenses.
Section - B
Answer any three of the following Each question carries six marks (3×6=18)
2. On 15th June 2014 the premises and the stock in a firm was destroyed by fire, but the accounting records were saved, from which the following particulars were available.
Stock on 1-1-2013         1,75,000
Stock on 31-12-2013 1,95,000
Purchases for the year 2013 8,76,000
Sales for the year 2013        11,69,000
Purchases from 1-1-2014 to 15-6-2014   3,84,000
Sales from 1-1-2014 to 15-6-2014    5,54,400
Stock salvaged              81,200
Show the amount of claim.

3. Lokesh of Mysore sends 2000 Kgs of oil at 120 per Kg to Nataraj at Hubli. The consignor spends 11,000 on cartage, insurance and freight. On the way 100 Kgs of oil was lost (normal loss) due to leakage and evaporation. Nataraj took delivery of the consignment and spent 9,000 on octroi and carriage. His selling expenses were 7,000 on 1700 Kg’s of oil sold.
Determine the value of stock.

4. Kavitha and Kalpana are entered into a joint venture sharing profits and losses in the ratio of 3:2. Kavitha contributes 1,20,000 and Kalpana 1,60,000. The amount contributed by them were deposited into a joint bank account. They bought goods for cash 2,00,000 and from Kavitha for 80,000. They paid for carriage 15,000. Rent 4,000, Insurance 5,000 and other expenses 9,000. All the goods were sold for 3,50,000.
Pass necessary journal entries.

5. Keerthi Ltd. had its Head Office in Bengaluru and branch at Mysuru. You are given the following information relating to Mysuru branch for the year ended 30-6-2014.
         Stock at branch on 1-7-2013 38,400
Petty cash at branch on 1-7-2013 130
Goods sent to branch 55,100
Goods returned by the branch 4,700
Cash sales at branch 85,200
 Cash sent to branch for expenses - Salaries 15,300, Rent 3,600, Petty cash 3,100.
 Prepare Mysuru Branch A/c in the books of H.O.

6. From the following indirect expenses, determine the basis of apportionment among the department.
1) Labour welfare expenses.
2) Insurance premium on building.
3) Electricity bills (lighting etc.)
4) Reserve for bad debts.
5) Repairs and insurance of building.
6) Aftersales service.
Section - C
Answer any three of the following Each question carries fourteen marks (3×14=42)
7. The premises of Bharath Traders were destroyed by fire on 30-4-2015.
The stock was fully insured. The concern has made accounts up to 31-12-2014. The following information is available.
Stock on 1-1-2014 1,52,720
Stock on 31-12-2014 1,16,140
Purchases from 1-1-2015 to the date of fire 3,68,270
Purchases up to 31-12-2014 4,72,580
Sales up to 31-12-2014 5,40,000
Sales from 1-1-2015 to the date of fire 5,11,700
Further information is also available
1) In Feb. 2015 goods costing 15,000 were given away for advertising purpose, no entry being made in the books.
2) During 2015 a clerk had misappropriated cash sales of ` 6,000.
3) The rate of gross profit is constant over the year.
4) Value of stock saved was 18,000 and the expenses incurred to extinguish fire is 1,200.
From the above information prepare a statement showing the claim to be lodged for loss of stock.

8. M/s Raghu and Co. of Delhi consigned on 15th March 2012, 45 cases of glass at cost price 45,000 to Reddy and Co. of Hyderabad for sale on commission at 5% on gross sale proceeds. The consignor paid freight and carriage amounting to 539.The goods arrived at Hyderbad on 20th March 2012, Reddy and Co. paid clearing charges 235, sundry charges 59, carriage 102 and godown charges ` 90. The goods were sold by Reddy and Co. as under 15 cases at 1,000 per case, 22 cases at 1,050 per case and the remaining 8 cases at 1,250 per case. On June 21, 2012, Reddy and Co. sent a draft for 10,000 to M/s Raghu and Co. on account. On 1st July 2012, Reddy and Co. forwarded an account sales together with a Bill of Exchange for the balance.
Give journal entries to record the above transactions in the books of consignor and consignee. Calculations are to be made to the Akash and Ashwin undertook a joint venture for construction of a college building. A nearest Rupee.

9. Joint bank account was opened in which Akash deposited 2,00,000 and Ashwin 50,000. The contract price was 10,00,000. The profit of joint venturewas to be shared as to Akashand Ashwin .
The details of the transactions are as follows :
Salaries     30,000
Wages 1,80,000
Materials supplied by Akash   35,000
Building materials purchased 4,00,000
Materials supplied by Ashwin   35,000
Architect’s fees   25,000
Carriage   45,000
Machinery purchased   80,000
On the completion of the contract the unused materials of the value 40,000 were taken over by Akash. The machinery was sold for ` 60,000. Mr. Ashwin was to be paid a remuneration of 30,000 for his service which is to be charged to the joint venture.
Prepare the necessary ledger account.

Bangalore University Advanced Financial Accounting Question Paper of May 2016

Here you can find out Bangalore University 2nd Semester B.Com Advanced Financial Accounting Question Paper of the year May 2016 & also you can download this Question Paper in PDF Format. If you are searching for Bangalore University Previous Year/Old or Model Question Papers, Question Bank or BU Question Papers visit Bangalore University Question Papers Section to download more question papers in PDF format.
                                       Details of Question Paper
University Name:Bangalore University
Course Name:Bachelor of Commerce
Subject:2.3 - Advanced Financial Accounting
ClassSecond Semester
Question Paper Code:MS421
Year May 2016
SchemeCBCS (2014-15)
 
Bangalore University Second Semester B.Com Advanced Financial Accounting Question Paper of May 2016
Section - A
1. Answer any five Of the following Each question carries two marks (5x2=10)
a) Give the meaning of average clause. 
b) What is consignment ? 
c) From the following information, findout the gross profit ratio.Sales is and Gross profit is 1 
d) When is a Memorandum Joint-Venture Account opened ? 
e) What is over-riding commission ? 
f) What are domestic branches ? 
g) Give the meaning of departmental undertaking. 

Section - B
Answer any three of the following Each question carries six marks (6x3=18)
2. A fire occurred in the premises of Pramod Co. on 15-10-2015. Some of the accounting records were saved from which the following details are available. 
Opening stock on 1 Jan. 2015 45,000
Purchases from 1-1-2015 to 15-10-2015 2,00,000 
Sales from 1-1-2015to 15-10-2015 3,00,000
Rate of Gross profit      30%
Salvage    8,000
It was the practice of the company to value the stock at less than cost. The amount of policy 30,000. There was an average clause. 
Prepare a claim for insurance. 

3. Mr. Nandish of Mysore, consigned 500 Kgs. of oil @ 30 per Kg. to Mr. Satish. He paid t 4,000 as carriage and freight charges. 
Mr. Satish also paid* 1 ,OOO towards unloading charges 2,000 as godown rent and 1 ,500 as selling expenses. Normal loss due to leakage is 40 Kgs. of oil in transit. Satish sold 320 Kgs. of oil @ 55 per Kg. and 19 Kgs. of oil at @ 60 per Kg. 
Calculate value of unsold stock. 

4. Radha and Sowmya entered into a Joint-Venture to buy and sell goods and share profits and losses equally. They opened a Joint Bank Account to which Radha contributed 55,000 and Sowmya contributed 50,000. Radha and Sowmya purchased goods for 1 Radha also supplied goods worth 7,500 and paid rent for the venture 1 ,500. They sold goods for { 1 The expenses incurred on advertisement amounted to 4,000, which were paid by Sowmya and she took balance of stock fort 3,000. 
Prepare Joint Venture Account in the books of Radha.

Download the question paper in PDF Format below.

Bangalore University Advanced Financial Accounting Question Paper of May 2017

Here you can find out Bangalore University 2nd Semester B.Com Advanced Financial Accounting Question Paper of the year May 2017 & also you can download this Question Paper in PDF Format. If you are searching for Bangalore University Previous Year/Old or Model Question Papers, Question Bank or BU Question Papers visit Bangalore University Question Papers Section to download more question papers in PDF format.
                                       Details of Question Paper
University Name:Bangalore University
Course Name:Bachelor of Commerce
Subject:2.3 - Advanced Financial Accounting
ClassSecond Semester
Question Paper Code:US459
Year May 2017
SchemeCBCS (2014-15)
 
Bangalore University Second Semester B.Com Advanced Financial Accounting Question Paper of May 2017
Section - A
Answer any five questions each correct answer carries two marks (5x2=10) 
1. a) How do you treat salvaged goods in fire insurance claims? 
b) Give the meaning and example for non-recurring expenses in consignment accounts. 
c) What is joint venture ? 
d) State any four features of debtor system of accounting. 
e) How do you treat inter-departmental transfers? 
f) What is cost plus pricing? 
g) Who is consignee and consignor? 

Section - B 
Answer any three questions each correct answer carries six marks (3x6=18) 
2.Fire occurred in the premises of an enterprise on 30-9-2016. Stock of the value of 50,000 was salvaged and the books of accounts were saved. 
  The following information is given : 
Stock as on 31-3-2015         - 1,30,000
Purchases during the year ended 31-3-2015 - 3,50,000
Sales during the year ended 31-3-2015 - 5,00,000
Purchases from 1-4-2016 to 30-9-2016 - 1,20,000
Sales from 1-4-2016 to 30-9-2016 - 1,80,000
Stock as on 31-3-2016         - 1,70,000
Stock as on 31-3-2015 was undervalued 20,000 where as it was overvalued by 10,000 on 31-3-2016. 
Calculate the amount of insurance claim based on the rate of gross profit on Sales. 

3. Krishna Murthy of Bengaluru sent a consignment of 2,000 articles to his agent Sri Raghavan of Tumkur at an invoice price of 20 per article. Railway charges, cartage and insurance amounted to 10% of the total invoice price. Raghavan sold 1 ,500 articles at 30 each and sent an account sales enclosing a bank draft for the balance after deducting i) his advance of 5,000, ii) his expenses 500 and iii) his commission at 10% on gross sales. 100 articles were lost in transit and the insurance company admitted the claim for e 1,100. Show the Consignment Account and Consignee's Account in the books of the Consignor. 

4. Praveen and Karthik were partners in a joint venture sharing profits and losses equally. Praveen supplied goods to the value oft 20,000 and incurred expenses amounted to 1 ,600. Karthik supplied goods to the value of 16,000 and his expenses amounted to 1 ,600. Karthik sold the entire goods on behalf of the joint venture and realized 48,000. Karthik was entitled to a commission of 5% on sales. Praveen settled his account by bank draft. Show the Ledger Accounts in the books of Praveen and Karthik under Memorandum Joint Venture method. 

5.The following particulars are relating to Bengaluru branch for the year ended 31-12-2016. Prepare Branch 
Account in the books of Head Office. 
Stock at the branch on 1-1-2016 30,000
Debtors at the branch on 1-1-2016 60,000
Petty cash at the branch on 1-1-2016      600
Goods sent to branch during 2016              5,04,000
Cash sales 2016                      1,20,000
Received from debtors 2016              4,20,000
Credit sales during 2016              4,56,000

Cheques sent to branch during 2016. 
For salaries                          18,000
For rent and rates                            3,000
For petty cash                            2,200           23,200
Stock at the branch on 31-12-2016                      50,000 
Petty cash 31-12-2016                                   400
Goods returned by the branch                        4,000
Debtors on 31-12-2016                              96,000

6. With the help of information given below, ascertain the purchases of each department 
Dept. No. of units purchased 
  A 1,OOO units 
  B 2,000 units
  C 2,400 units 
(At a Total Cost of 1,00,000)
Unit selling price was: 
A Dept. of  20.00 
B Dept. of  22.50 
C Dept. of  25.00 
The rate of GP is same in each case. 

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Saturday, August 11, 2018

Bangalore University Banking Law and Operations Question Paper of May 2016

Here you can find out Bangalore University 2nd Semester B.Com Banking Law & Operations Question Paper of the year May 2016 & also you can download this Question Paper in PDF Format. If you are searching for Bangalore University Previous Year/Old or Model Question Papers, Question Bank or BU Question Papers visit Bangalore University Question Papers Section to download more question papers in PDF format.
                                       Details of Question Paper
University Name:Bangalore University
Course Name:Bachelor of Commerce
Subject:2.5 - Banking Law & Operations
ClassSecond Semester
Question Paper Code:MS423
Year May 2016
SchemeCBCS (2014-15)
 
Bangalore University Second Semester B.Com Banking Law & Operations Question Paper of May 2016
Section - A 
Answer any five questions each question carries two marks. (2x5=10)
1 a) What is a post-dated cheque?
   b) Define the term customer.
   c) What is Mortgage?
   d) List out any two features of an overdraft.
   e) What is Garnishee order?
   f) Give the meaning of material alteration.
   g) What is Non-performing Asset?

Section - B 
Answer any three questions each question carries six marks. (6x3=18)
2 What is Banker's Right of General Lien and when he cannot exercise it?
3 Narrate any six significant reasons for the dishonour of cheques.
4 Briefly explain any six functions of paying the banker.
5 Explain the different types of endorsement.
6 Write a note on the procedure to be followed in the opening of an account in the name of a trust.

Section - C
Answer any three questions each question carries fourteen marks. (14x3=42) 
7) Write the exceptions to bankers obligations to maintain the secrecy of his customer's account.
8) Explain the precautions to be taken by the banker in the opening and operating
  a) Minor's Account
  b) Joint Account.
9 Write note on
  a) Bank Overdraft
   b) Discounting of Bills of Exchange
  c) Letters of credit.
10 Briefly discuss any seven recent innovations in Banking Business.
11 Give the meaning of crossing. Explain the types of crossing. 

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