MGT101 All Current Final Term Papers Fall 2012 (20 February to 03 March 2013) at one Place
From 20 February to 03 March 2013 Fall 2012
Current Final Term Papers Fall 2012 Papers, Feb 2013 Final Term Papers, Solved Final Term Papers, Solved Papers, Solved Past Papers, Solved MCQs
Please Share your Current Papers Questions/Pattern here to help each other. Thanks
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Please Share your Current Papers Questions/Pattern here to help each other. Thanks
Subject Questions :
1. Cash flow statement and its components
2. Diff between Cash and Cash equal
3. Straight Line and WDV calculations
4. Accounts Payable account by given data
5. Profit Distribution Account with complete working by given data
6. Current Ratio and Working Capital calculations by given data
7. Accumulated Profit accounts calculation by given data
Imran Ahmed Malik thanks for sharing ur paper to help other students ..gud keep it up
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Final term MGT101 solved paper no 25 to 33 by chanda rehma…
kindly share the files and MCQZ
because we have after tomorrow the paper of MGT 101
regard's
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MGT101 Financial Accounting
Today Final Term Paper Fall 2012
On 20 Feb 2013
Total Questions: 60
Total Marks: 78
Total MCQs: 54 (Each of 1 Mark)
Total Short Questions: 3 (Each of 3 Mark)
Total Long Questions: 3 (Each of 5 Mark)
Most of the mcqs were from past papers.
q1. What is the difference between creditor turnover ratio and debtor turnover ratio? 3 marks
Q2. Write the advantage of trial balance? 5 marks
Q3. Current account of partner A? 5 marks (values yad nai hai)
Q4. purchase account and creditors control account of Mr A (20000) Mr B (30000) Mr. c (50000) total 100000? 5 marks
long questions nahi the 2 questiad nai aa rhe lekin wo bhi aik 3 marks ka aur aik 5 marks ka tha.ons y
MGT101 Financial Accounting
Today Final Term Paper Fall 2012
On 20 Feb 2013
Total Questions: 60
Total Marks: 78
Total MCQs: 54 (Each of 1 Mark)
Total Short Questions: 3 (Each of 3 Mark)
Total Long Questions: 3 (Each of 5 Mark)
Q. 55: what will be the net income ? (3)
Retained earning ( beginning) 1,000
Dividend paid 6,000
Retained earning (end) 25,000
Q. 56:credit purchase of Rs.1,000 omitted by mistake .credit sale of Rs. 5,000 is also omitted pass the necessary entries. (3)
Q. 57: Drawings made by partner .excess drawn amount is returned by partner. Profit distribution among partners if the capital of partners are fixed pass journal entries. (3)
Q. 58: Following information is available of Shahbaz & company:
Particulars Rs.
Operating Expense 4,000
Financial Expense 2,000
Gross Income 20,000
Return Inwards 1,000
Cost of Goods Sold 4,000
Income Tax 10% ?
Calculate the amount of operating income and net income. (5)
Q. 59: Mr. Shah brought machine on 1st jan 2010 for Rs. 70,000 and eraction charges associated to each unit are Rs. 5,000. The machine was depreciated @ 10% per annum at the end of each year on the original cost basis. On Oct 2010 a single unit which cost Rs. 10,000 originally was sold for a cash Rs. 9,750. Calculate gain/loss of machine sold. (5)
Q. 60: Opening balance of A & B of their partnership respectively Rs. 15,000 and Rs. 25,000. Loss shared Rs. 5,000 and Rs. 8,000 respectively. Salaries “A” Rs. 2,000 and “B” Rs. 3,000. Prepare a current account of A & B. (5)
Calcuate the amount of operating expense?( 5 marks)
wages,bad debt,office salary,factory salary,carriage out.
5 Statemnets were given, we have to choose wheather they are investing, operating or financing (5marks)
this quesion was also from past papers.
Calcuate the amount of operating expense?( 5 marks)
Wages is direct expense..........
carriage outward is operating expense
Office salary is the operating expense
Bad debt is the operating expense
Today Final Term Paper Fall 2012
On 21 Feb 2013
Total Questions: 60
Total Marks: 86
Total MCQs: 52 (Each of 1 Mark)
Total Short Questions: 3 (Each of 3 Mark)
Total Long Questions: 5 (Each of 5 Mark)
Question 1:
Particulars Rs.
Raw Material - Opening Stock 10,000
Raw Material – Purchases 2,000
Raw Material - Closing Stock 3,000
Packing Material - Opening Stock 4,000
Packing Material – Purchases 5,000
Packing Material - Closing Stock 6,000
Based on the above information you are required to calculate the following:
· Cost of Raw Material Consumed
· Cost of Packing Material Consumed
Question 2:
10 % Debentures of Rs. 80,000 are shown in trial balance. How it will
be shown in financial statements? Also mention why a company issues
debentures.
Question 3:
Steps of formation of Private Company
Question 4:
Financial year decided by partnership agreement is 1st July to 30th June. Mr. Ali is partner and having a
capital of Rs. 1,500,000 on July 1st 2007 and he introduced more capital on August 1st 2007 Rs. 10,000
on April 1st 2008, Rs.500,000 and on June 1st 2008 , Rs. 5,000. Mark up rate is 10% p.a.
Calculate mark up on Mr. Ali’s capital for the year ending on 30th June 2008.
Question No:5
Calculate Cost of good sold by given data.
Question No:6
Find depreciation expense and written down value by straight line method
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