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Directorate
of Online Education
ASSIGNMENT
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SESSION |
JAN/FEB 2022 |
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PROGRAM |
MASTEROF BUSINESS
ADMINISTRATION (MBA) |
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SEMESTER |
I |
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COURSE CODE & NAME |
DMBA104–FINANCIALANDMANAGEMENT |
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ACCOUNTING |
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CREDITS |
4 |
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NUMBER OF ASSIGNMENTS |
02 |
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& MARKS |
30 Marks each |
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Note: Answer all questions. Kindly note that answers
for 10 marks questions should be approximately of 400 - 450 words. Each
question is followed by evaluation scheme.
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Q.No |
Assignment
Set – 1 |
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Marks |
Total
Marks |
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Questions |
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1. |
Rewathi is a sole proprietor
having a provisions store. Following are the |
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2+2+2+2+2 |
10 |
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transactions during the month of January 2018.
Journalize them. |
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Jan. 1 Commenced business with cash 80,000 |
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Jan. 2 Deposited cash with bank 40,000 |
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Jan. 3 Purchased goods by paying cash 5,000 |
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Jan. 4 Purchased goods from Lipton & Co. on
credit 10,000 |
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Jan. 5 Sold goods to Joy and received cash 11,000 |
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Jan. 6 Paid salaries by cash 5,000 |
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Jan. 7 Paid Lipton & Co. by cheque for the
purchases made on 4th Jan. |
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Jan. 8 Bought furniture by cash 4,000 9 Paid
electricity charges by cash 1,000 |
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Jan. 10 Bank paid insurance
premium as per standing instructions 300 |
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2. |
Describe how costs are
classified on the basis of function. |
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10 |
10 |
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3. |
Why should a manager know
accounting? Give your
opinion with suitable |
10 |
10 |
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examples. |
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Q.No |
Assignment Set – 2 |
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Marks |
Total Marks |
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Questions |
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4. |
Why are the following parties
interested in accounting information? (a) Investors |
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5+5 |
10 |
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(b) Government |
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5. |
Based on following
transactions, prepare a cash book with cash and discount |
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10 |
10 |
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columns: |
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2017 ` |
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Jan 1 Cash in hand |
11,500 |
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Jan 5 Paid to Ramanathan by depositing in cash
deposit machine |
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300 |
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Discount allowed by him |
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10 |
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Jan 8 Purchased goods for cash |
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400 |
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Jan 10 Cash received from Rajagopal |
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980 |
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Discount allowed |
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20 |
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Jan 15 Sold goods for cash |
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400 |
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Jan 21 Paid cash to Shanthi |
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295 |
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Discount received |
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5 |
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Jan 25 Paid wages by cash |
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50 |
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Dear students, get latest
Solved assignments by professionals.
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Directorate
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|
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Jan 31 Paid to Sanjeev ` 390 in full settlement
of his account |
400 |
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6. |
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From the following balances
taken from the books of Rajeev, a trader on |
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10 |
10 |
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automobiles, prepare trial balance as on 31st
March 2017: |
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Particulars |
Rs. |
Particulars |
Rs. |
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Cash in hand |
5,500 |
Direct expenses |
5,000 |
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Discount received |
300 |
Carriage outwards |
3,500 |
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Creditors |
15,000 |
Capital |
45,000 |
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Buildings |
50,000 |
Purchases |
49,700 |
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Opening stock |
6,000 |
Sales |
59,400 |
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Dear students, get latest
Solved assignments by professionals.
Mail us at:
help.mbaassignments@gmail.com
Call us at:
08263069601
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