ST.ANTONY’S COLLEGE OF ARTS AND SCIENCES FOR WOMEN, 11. a).

11. a). Anup, Rakesh, and Jaipal entered into an agreement for a Joint
II SEMESTER – II INTERNAL Venture. Anup bought goods for Rs.14,400 and took from his stock goods
FINANCIAL ACCOUNTING – II valued at 4,800. He received from Rakesh and Jaipal their shares of
MAJOR : I B.COM & B.COM (CA) MARK: 50 investment in the adventure, Rs.6,400 each. Anup paid charges and
DATE : TIME : 1.30 HOURS expenses of Rs.1,460. The goods were sold for Rs.24,400. Anup charged
PART- A (8X1=8) 5% Commission on sales and rendered statement to Rakesh and Jaipal.
I. CHOOSE THE CORRECT ANSWER: Journalise the above transactions in the books of Anup. (OR)
1. Joint Venture account is in the nature of a----------- 11.b). Distinguish Joint Venture from Partnership Firm.
a). Real A/C b). Personal A/C c). Nominal A/C 12. a).Wrote short notes on i). Goods in Transit ii). Cash in Transit (OR)
2. The relationship between the Co-ventures is that of--------- 12.b). From the following particulars prepare a branch a/c showing the
a). Buyer and Seller b). Principal and agent c). Partners Profit or loss at the branch.
3. A Joint Venture is -------------- Opening stock at the branch 15,000
a). Sending goods by one person to another Goods Sent to the branch 45,000
b).Particular Partnership c).None of the above Sales 60,000
4. Profit and Loss on Joint Venture is shared by the Co-Venturers: Salaries 5,000
a). Equally b). In the Capital Ratio c). As Per the agreement Other Expenses 2,000
5. Under debtor system branch account is a Closing stock could not be ascertained but it is known that the branch
a). Real A/C b). Personal A/C c). Nominal A/C usually sells at cost plus 20%. The branch manager is entitled to a
6. Goods supplied from Head office less goods received from Head commission of 5% on the profit of the branch before charging such
office represent----------- commission.
a). Goods returned to Head office b). Goods-in-transit PART – C ( 2 X 15 =30)
c). Profit on goods III. ANSWER THE FOLLOWING ANY 2 QUESTIONS:
7. Stock Reserve in relation to opening stock appears: 13. A and B were partners in a Joint Venture sharing profits and losses in
a). On the Debit side of the Branch A/c the proportion of 60% and 40% respectively. A Supplies goods to the
b). On the Credit Side of the Branch A/c c). None of the above value of Rs.10,000 and incurs on fright Rs.500. B also supplies goods to
8. Goods sent to Branch at Cost +25%. The loading on the invoice price is: the value of Rs.8,000 and incurs Rs.400 towards freight and other
a). 16% b). 25% c).125% incidental charges. B sells the entire stock of goods on behalf of the Joint
PART – B ( 4X 3= 12) venture for Rs.25,000. B is also entitled to a commission of 5% on sales. B
II. ANSWER THE FOLLOWING QUESTIONS: settles his account by remitting a bank draft. Pass journal entries and ledger
9. a). What is Joint Venture? State its main Characteristics. (OR) accounts in the books of A and B.
9. b). Give Journal Entries for the following transactions: 14. A head office has its branches at Luknow and Jaipur. The head office
i). When goods Purchased for Joint Venture. sent goods to the branches at invoice price which cost plus 25%. Sales are
ii). When discount allowed or bad debts incurred made only at the branches which remit all cash received to head office.
10. a). Explain the Objects of Branch Accounts. (OR) Fromm the following details, prepare the branches stock and Stock
10. b). Pass the Journal Entries for the following transactions. Adjustments A/c and goods sent to branches A/c’s as they would appear in
i). When goods are sent to branch the Bombay books.
ii). When sales are made by the branch
 Lucknow Branch Jaipur Branch
(Rs.) (Rs.)
Goods from Head office at Invoice price 40,000 25,000
Returns to Head office at Invoice price 600 500
Cash Sales 19,000 17,500
Credit Sales 12,000 9,500
Stocks – 1 st Jan 1995 (Invoice Price) 6,000 8,000
Stocks – 31.12.1995 (Invoice Price) 18,000 11,000

15. Ghose and Bose enter into a Joint Venture for guaranteeing the
subscription at par of 1,00,000 shares of Rs.10 each of a Joint Stock
Company. They agree to share profits and losses in the ratio of 1:3. The
terms with the company are 4.5 commission in cash and 6000 shares of the
company as fully paid up. The Public take up 94,000 of the shares and the
balance shares of guaranteed issue are taken up by Ghose and Bose who
provide cash equally . The Commission in cash is taken by the partners in
the ratio of 4:5.
The Entire shareholding of the venture is then sold through brokers, 25% at
a price of Rs.9; 50% at a price of Rs.8.75; 15% at a price of Rs.8.50 and
remaining 10% are taken over by Ghose and Bose equally at Rs.8 per
share. The sale proceeds of the shares are taken by the partners equally.
Prepare a Joint Venture Memorandum Account and the separate accounts
in the books of Ghose and Bose.
ST.ANTONY’S COLLEGE OF ARTS AND SCIENCES FOR WOMEN, ST.ANTONY’S COLLEGE OF ARTS AND SCIENCES FOR WOMEN,
IV SEMESTER – II INTERNAL IV SEMESTER – II INTERNAL
CREATIVE ADVERTISING CREATIVE ADVERTISING
MAJOR : II B.COM & B.COM (CA) MARK: 25 MAJOR : II B.COM & B.COM (CA) MARK: 25
DATE : TIME : 1.30 HOURS DATE : TIME : 1.30 HOURS
PART- A (5X2=10) PART- A (5X2=10)
I. ANSWER THE FOLLOWING ANY 5 QUESTIONS: I. ANSWER THE FOLLOWING ANY 5 QUESTIONS:
1. What is Advertisement Media? 1. What is Advertisement Media?
2. What are the Demerits of Radio Advertising? 2. What are the Demerits of Radio Advertising?
3. List out the Outdoor Advertising? 3. List out the Outdoor Advertising?
4. What is Sandwichmen Advertising? 4. What is Sandwichmen Advertising?
5. What is Scientific Advertising? 5. What is Scientific Advertising?
6. What is Advertising Agency? 6. What is Advertising Agency?
7. What is Advertising Budget? 7. What is Advertising Budget?
PART – B (1X5=5) PART – B (1X5=5)
II. ANSWER THE FOLLOWING ANY ONE QUESTION: II. ANSWER THE FOLLOWING ANY ONE QUESTION:
8. What are factors considered in selecting the advertising media? 8. What are factors considered in selecting the advertising media?
9. How to measure the effectiveness of Advertising? 9. How to measure the effectiveness of Advertising?
PART – C (1X10=10) PART – C (1X10=10)
III. ANSWER THE FOLLOWING QUESTION: III. ANSWER THE FOLLOWING QUESTION:
10. a). Explain the various media of advertising? (OR) 10. a). Explain the various media of advertising? (OR)
10. b). What are the factors to be considered in selecting the advertising 10. b). What are the factors to be considered in selecting the advertising
agency? And give the merits of advertising agency? agency? And give the merits of advertising agency?