File Details:

Questions:

1. Differentiate between Book-keeping and Accounting.
2. Explain internal users of accounting.
3. Explain revenue expenditure and capital expenditure with examples.
4. What do you understand by acid test ratio and debt equity ratio?
5. What do you understand by fund flow statement?
6. Calculate economic order quantity using given data.
7. What do you understand by cost of debt?
8. Write importance of computers in Financial Accounting.
9. Explain the cost involved in maintaining accounts receivable.
10. What are Accounting Standards? Why are they necessary? Briefly discuss the Accounting Standards developed in India.
11. Prepare Trading and Profit and Loss Account and Balance Sheet from the given Trial Balance and adjustments.
12. What is a Trial Balance? What errors are disclosed by it?
13. Prepare a Trial Balance from the provided balances.
14. Write short notes on Preference shares, Equity shares, Debentures, and Ploughing back of profit.
15. Discuss the different types of working capital. Explain various factors determining its need.
16. What is Cash Management? Discuss the problems of cash management.
17. Calculate the cost of debt (before and after tax) for debentures issued at different conditions.
18. Find out the average collection period from the given financial data.