File Details:

Questions:

1. Define Financial Accounting.
2. Explain the meaning of term 'Journal'.
3. Define book keeping.
4. What do you mean by trial balance?
5. What is the use of cash book?
6. Distinguish Management Accounting from Financial Accounting.
7. What are the differences between cash flow statement and fund flow statement?
8. Explain the classification of balance sheet items.
9. Explain the different rules for journalising the transactions with appropriate illustrations.
10. Compute the net income or net loss for the year under given independent cases of Dolly's business.
11. Find out sales, closing stock, and sundry debtors based on the given financial ratios of Rainy Ltd.
12. Explain the Traditional theory of cost of capital and capital structure.
13. What are the objectives of cash management? Explain cash cycle.