Financial Accounting April 2006 & 2008

C 15946

SECOND YEAR  B.Com. DEGREE EXAMINATION, MARCH/APRIL 2006

Part III—Commerce a

Paper IV—FINANCIAL ACCOUNTING

Time : Three Hours Maximum : 80 Marks

Part A

Answer any ten questions.

Each question carries 1 mark.

1. What is right issue ?

2. Define Subscribed Capital.

3. What is open underwriting ?

4. What is external reconstruction ?

5. What is sublease ?

6. What is interim dividend ?

7. Define Contingent Liability.

8. Define Non-banking Assets.

9. What is for forfeiture of shares ?

10. What do you mean by commission on reinsurance ceded ?

11. What do you understand by reserve for unexpired risk ?

12. How will you allocate selling expenses and rent in departmental accounts ?

(10 x 1 10 marks)

April 2008 Question Paper