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MAHARAJA SRISCHANDRA COLLEGE
INTERNAL ASSESSMENT-2023
SUBJECT:FINANCIAL ACCOUNTING-II
SEMESTER-III
B.COM(HONOURS+GENERAL)
FULL MARKS:10(2X5)
EACH QUESTION CARRYING 2 MARKS
* Indicates required question
Email
*
Your email
NAME(IN CAPITAL LETTER)
*
Your answer
COLLEGE ROLL NUMBER
*
Your answer
CALCUTTA UNIVERSITY ROLL NUMBER(AS MENTIONED IN ADMIT CARD)
*
Your answer
CALCUTTA UNIVERSITY REGISTRATION NUMBER(AS MENTIONED IN ADMIT CARD)
*
Your answer
HONOURS/GENERAL
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HONOURS
GENERAL
Required
CONTACT DETAILS(PREFERABLY WHATSAPP NUMBER)
*
Your answer
1) Goods are transferred from department-A to department-B at a price 25% above cost. If closing stock of department-B is Rs.20,000 then what will be the amount of stock reserve?
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2 points
Rs.5,000
Rs.4000
Rs.16,000
None of the above
2)
In which methods goods are sent by the head office to the branch at invoice price?
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2 points
Invoice price method
Debtors method
Stock and debtor methods
Foreign branch methods
3) Hire purchase price – cash price =?
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2 points
Total interest
Down payment
Share portion
None of the above
4) A and B share profit and loss in the ratio of 2:1,they admit C as a new partner who bring 1/5th as a share. The new profit sharing ratio will be----------------
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2 points
8:4:3
3:2:1
2:1:1
None of the above
5) Investment account is a--------------
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2 points
Personal account
Real account
Nominal account
None of the above
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