1. “ Accountancy is an Information System” do you agree? Substantiate your answer with reasons. How does an Accountant help in planning and controlling a large commercial organisation? Explain. 2. Prepare Cash Budget for April-Oct. 2017 from the information relating to Shah Agencies, a trading concern:- Balance Sheet as on 31 March, 2017 Liabilities Rs Assets Rs Proprietors Capital 1,00,000 Cash 20,500 Outstanding Liabilities 17,000 Stock 50,500 Sundry … [Read more...]
MS – 04 Accounting and Finance for Managers July – December 2016
1. Take an organization of your choice & find out how the Accounting Reports are prepared by them and how these reports are useful for managers while making decisions relating to the activities of a Business. Ans : Accounting reports are ...are derived from the... of a specific purpose .... equivalent to the financial statements.... ..... evaluate business processes and company strategy... Owners and managers require financial ....continued operations... management's annual report to the stockholders. 2. Prepare the Cash Flow Statement for XYZ Ltd. for the year 2015-16 and … [Read more...]
MS 4 IGNOU MBA Assignments Jan – June 2016
1. “Accountancy is an Information System”. Do you agree? Substantiate your answer with reasons. How does an Accountant help in planning and controlling a large commercial organization? Explain. 2. The following are the Balance Sheets of XYZ Ltd. for the years ending 31st December, 2014 & 2015. Particulars 2014 2014 2015 Rs Rs Liabilities Equity Share Capital 2,00,000 3,30,000 Preference Share Capital 1,00,000 1,50,000 Reserves 20,000 30,000 Profit and Loss a/c 15,000 20,000 Bank … [Read more...]
MS 4 IGNOU MBA Assignments July-Dec 2015
1. Discuss the activities performed by accounting personnel and the role and responsibilities that they undertake in an organisation. 2. You are required to prepare Funds Flow Statement and Cash Flow Statement for the year ending 31st March 2015, based on the information given below. Balance Sheet (As on 31st March) Liabilities 2014 2015 Assets 2014 2015 Trade Creditors 100 40 Cash at Bank 100 65 Bills Payable 50 60 Accounts Receivable 105 120 Outstanding Expenses 25 20 Bills Receivable 130 140 Bonds … [Read more...]
MS 4 IGNOU MBA Assignments Jan-June 2015
1. “Accounting is closely connected with control”. Elaborate this statement and discuss the role of accounting feedback in the process of control. 2. The balance sheets of XYZ Ltd. as on Dec. 31 st, 2013 and 2014 are given below: Balance Sheets of XYZ Ltd. (Figure in Rs.) Liabilities 31.12.2013 31.12.2014 Assets 31.12.2013 31.12.2014 Share Capital 6,00,000 8,00,000 Fixes Assets 16,00,000 19,00,000 Capital Reserve ----- 20,000 Less Dep. 4,60,000 5,80,000 General Reserve 3,40,000 4,00,000 11,40,000 5,80,000 Profit & Loss … [Read more...]
MS 4 IGNOU MBA Assignments July – Dec 2014
1 . Study the Accounting Information System being followed in your organization, Prepare a report on the functioning of this system and also give your views on how the system could be improved. 2. You are required to prepare the company’s Balance Sheet as on 31 st March 2014, and its Profit and Loss Account for the year ended on the date, from the information provided and also making necessary assumptions wherever required. The under mentioned balances appeared in the books of Dingo Flour Mills Ltd, as on 31 st March 2014. Rs. Rs. Share Capital (Authorized and Issued), … [Read more...]
MS 4 IGNOU MBA Assignments Jan – June 2014
1. a) Distinguish between Revenue expenditure and Capital expenditure. How are they treated while preparing the final accounts? If by mistake the accountant of a firm treats a capital expenditure as revenue expenditure, how will it affect the final accounts of the firm? Give an example. b) Why is depreciation charged? Explain the two methods of charging depreciation. In which method the value of the asset is reduced to zero earlier. Which one is more rational? Explain why? 2. What is meant by appropriate capital structure? Discuss the determinants and features of an appropriate capital … [Read more...]
MS 4 IGNOU MBA Assignment July – Dec 2013
1. Explain the various accounting concepts and examine the role of accounting concepts in the preparation of financial statements. 2. Explain the meaning of fund flow statement. How would you compute funds from operations in order to prepare sources and usage statement of funds? 3. What is CVP analysis? How does it differ from break-even analysis? 4. An analytical statement of Altos Limited is shown below. It is based on an output (sales) level of 80,000 units. Rs. Sales 9,60,000 Variable … [Read more...]
MS-4 June 2013 Accounting and Finance for Managers
1. Explain in detail the various accounting concepts and discuss the application of these concepts in the preparation of financial statements. 2. Fairdeals Ltd. presents the balance sheets as at 31.12.2009 and 31.12.2010 as follows: 31.12.09 31.12.10 Assets Rs. Rs. Fixed Assets at cost 31,30,000 36,05,000 Less: Depreciation 6,80.000 8,20,000 24,50,000 27,85,000 Investments 12,50,000 13,50,000 Marketable Securities 60,000 30,000 Inventories 4,10,000 5,20,000 Book Debts 5,30,000 5,05,000 Cash and Bank 1,20,000 … [Read more...]
MS-04 Solved Assignment Dec 2012 Accounting and Finance for Managers
Q.1. a) What do you understand by capitalization of earning? How is the value of a firm ascertained with the help of its earnings? Explain with an example. Answer. Capitalization of earning is actually an income-valuation technique which establishes the worth of a business/company/enterprise by exploring the present benefit of realizing a cash-flow now, as opposed to in the future. The capitalization of earnings is extremely helpful when the potential earnings could be forecasted effortlessly and accurately.... Download Solved Assignment b) What do you understand by the ‘net worth’ of … [Read more...]