MGT101 Current Final Term Papers Spring 2014 & Past Final Term Papers at One Place from 22 August to 02 September 2014

[+ M.Tariq Malik]

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[rabia tabassum]

any body share current paper

[Anam]

kahan gaya ha ap sub loggggggg????????????????

[Jinn]

I am done with my mgt101 paper.

More then half mcqs were from past papers. Few were conceptual.

My paper topics were partnership and cash flow statement. Mcqs and all other questions came from these two topics rest questions were of bank statement, DIVIDEND, net profit e.g.

[Anonymous]

My MGT101 paper

60% MCQs were old, rest were new and quite conceptual and difficult.

  1. difference between creditor turnover ratio and debtor turnover ratio 3 marks

  2. Opening balance calculate karna tha Stock ka (3marks)

  3. Cashflow of operating activity calculate karna tha data given tha 5 marks

  4.  Explain briefly Income, Debentures, Cash Flow statement, and two more dont remember (5 marks)

  5. Administrative expenses and operating expenses calculate karna thay (5marks)

rest dont remember

An advice to all,  This paper is quite lengthy, as MCQs take lot of time, to read, understand the complete statement of the question, so justify your time accordingly and better be quick...Best of luck

[+ M.Tariq Malik]

CS411, CS604 & MGT101  Thanks for sharing ur paper pattern ..  

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[+ M.Tariq Malik]

MGT101 paper

60% MCQs were old, rest were new and quite conceptual and difficult.

  1. difference between creditor turnover ratio and debtor turnover ratio 3 marks

  2. Opening balance calculate karna tha Stock ka (3marks)

  3. Cashflow of operating activity calculate karna tha data given tha 5 marks

  4.  Explain briefly Income, Debentures, Cash Flow statement, and two more dont remember (5 marks)

  5. Administrative expenses and operating expenses calculate karna thay (5marks)

[+ M.Tariq Malik]

Mgt101 paper.

More then half mcqs were from past papers. Few were conceptual.

My paper topics were partnership and cash flow statement. Mcqs and all other questions came from these two topics rest questions were of bank statement, DIVIDEND, net profit e.g.

[+ M.Tariq Malik]

Today's Paper of MGT101,

46 MCQ which were not that tough

Subjectives are below

Rectify the following errors by passing necessary journal entries

ط  Rs. 200 received as a commission was wrongly credited to interest account.

ط  Bought plan & machinery of Rs. 50,000 debited to purchases account.

During the current year, a company declared and paid Rs. 60,000 cash dividend and 10% stock dividend. How will these two items be treated on the current year’s Statement of Cash Flows?

Following is the Purchase Journal of T. Company ltd.

 

Date	Invoice no.	Name of Creditors	Rs.
10-12-2010	1	Mr. A	10,000
20-12-2010	2	Mr. B	20,000
		Total	30,000

                                                                                                            

Required:

Prepare “T Accounts” of individual Creditor Mr. A and Mr. B for T. Company ltd.

Accounting record of a partnership business having two partners “A” and “B” shows that the mark up on capital of partner – “A” and “B” are Rs. 5,000 Rs. 3,000 respectively.  You are required to pass a journal entry of this mark up on capital under fluctuating capital accounts of partners.

ABC, Inc had the following positive and negative cash flows during the year.

Positive cash flows: Received from customers Interest and dividends Sale of plant asset Issued stock	Rs.250,000 50,000 350,000 500,000
Negative cash flows: Paid to suppliers and employees Purchase of investments Purchase of treasury stock Payment of interest Paid cash dividends	130,000 40,000 35,000 20,000 50,000

 

Determine the amount of cash provided by or used for operating activities.

Given the following data:

Purchases Rs.26,000, Returns outwards Rs.1,470, Returns inwards Rs.2,100, Carriage outwards Rs.1,230, Carriage inwards Rs.890, Opening stock Rs.4,500, and closing stock Rs.6,130.

 

 What would be the value of the cost of goods sold?

Following information is available of Shabaz & Co.

 

Particulars	Rs.
Legal charges	1,000
Electricity charges	2,000
Repair charges	3,000
Depreciation of fixed assets	4,000
Financial expenses	400
Import duty	300

Required:

Calculate the amount of Operating expenses.

Following information is extracted from the books of Abrar Ltd as on December 31st, 2007.

Particulars	Rs
Carriage inwards	8,000
Legal charges	6,500
Financial charges	223,500
Tax payable	30,000
Advances from customer	10,000
General reserve	40,000
Accumulated profit brought forward(credit balance )	95,000
Long term loans	100,000

                                                                                

Additional information

The authorized capital is Rs. 5,000,000 divided into 500,000 shares of Rs. 10 each. Issued and paid up capital is Rs. 2,500,000.

 

You are required to calculate Shareholder's equity 

What is bank overdraft? Mention an example for this. Why companies have to pay mark up on it? Under which head mark up paid on overdraft is shown in financial statement?