Sample Paper for Bachelor of Commerce 2nd year of Accountancy
BACHELOR OF COMMERCE, YEAR-2
Duration -3 Hours Max Marks: 60
Note: 1. Attempt any FIVE questions.
2. All questions carry equal marks.
- 1. Explain the Dual Aspect Concept of Accounting with examples?
- 2. Explain the process of preparing Trial Balance.
- 3. Describe the advantages of preparing a Bank Reconciliation Statement.
- 4. Differentiate between a bill of exchange and a Promissory Note?
- 5. Illustrate the method of valuation of closing stock, if a part of goods sent on consignment remains unsold.
- 6. Explain the characteristics of joint Venture.
- 7. Give journal entries necessary for self balancing the General Ledger.
- 8. Briefly explain the two methods of ascertaining profit when accounting records are incomplete.
- 9. What do you Understand b dual Aspect concept? Explain its Accounting implications?
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