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1. Dear students, get latest Solved NMIMS assignments and case study help by
professionals.
Mail us at : help.mbaassignments@gmail.com
Call us at : 08263069601
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Financial Accounting & Analysis
Assignment Marks: 30
Instructions:
 All Questionscarry equalmarks.
 All Questionsarecompulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and for
question 3 in not more than 500 words for each subsection. Use relevant examples,
illustrationsas faraspossible.
 All answersto be written individually.Discussion and group workis notadvisable.
 Students are free to refer to any books/reference material/website/internet for
attempting theirassignments, but are not allowed to copy the matter as it is from the
sourceof reference.
 Students should write the assignment in their own words. Copying of assignments from
otherstudentsisnotallowed.
 Studentsshould followthefollowing parameterforanswering theassignmentquestions.
For Theoretical Answer For Numerical Answer
AssessmentParameter Weightage AssessmentParameter Weightage
Introduction
20%
Understandingandusage
of the formula 20%
ConceptsandApplication 60% Procedure /Steps 50%

2. relatedtothe question
Conclusion
20%
Correct Answer&
Interpretation 30%
June 2021 Examination
1. Discuss and analyze the following transactions for X Ltd, using the concept of accounting
equation (Assets, Liabilities and Equities).
1. Purchased Furniture for Rs675000
2. Capital Introduced by the business Owner by depositing 12 Lakhs in the bank account
3. Goods purchased on credit from Aman Enterprises for Rs105000
4. Goods sold on credit for Rs 400000. The cost of the goods sold was Rs 300000
5. Purchased goods from Sneha Enterprises for Rs 600000 and made the payment from the
business's bank account (5*2 = 10 Marks)
Ans 1.
INTRODUCTION
The accounting equation is known as the backbone of the double-entry accounting system. The
net assets are equal to the sum of the company's liabilities and shareholders' equity, as seen on its
balance sheet. Each entry made on the debit side has matching access (or coverage) on the credit
side. The financial state of every company, big or small, is obtained by two main balance sheet
components: assets and liabilities. The balance sheet's third chunk is owners' equity, which is
also called shareholders' equity. The

3. 2. Love Doddle is a gifting enterprise of Ms. Dorati. The enterprise generates inflows by
arranging gift hampers for the customer's loved ones. The inflows arises from the sale of
gift hampers Rs 505000 and from bank interest, dividend receipt Rs4200. Ms. Dorati is
confused on how to record these inflows. She would like to understand from you about the
concepts Revenue from operation and other income, so that she can record the information
so as to prepare the profit and loss statement of the enterprise. Define, share examples, and
elaborate on your understanding towards the terms Revenue from Operation and Other
Income (10 Marks)
Ans 2.
INTRODUCTION
Operating income and revenue are significant accounting figures that indicate that a business
generates some capital from the operation of the company. However, the two figures are separate
ways of expressing a company's profits, and their calculations require different discounts and
credits. The revenue provided by a company's primary operations is referred to as operating
revenue. The exact operation that produces operational income varies. Consider a retailer: a
retailer's operating income from the sale of goods. The income from the operation of a physician
is provided by delivering medical services.
3. The following information is given with respect to the ratios of two companies
a. Define the concepts of Current and Quick ratio’s and also, reflect on your understanding
towards the financial performance of the companies by looking to the above information
(2marks for defining and 3 marks for interpretation and reasoning) (5 Marks)

4. Ans 3a.
INTRODUCTION
The Current Ratio is that assesses a company's willingness to give short-term or one-year
commitments. It demonstrates to investors and analysts how any business can use existing assets
on its financial statement sheet to give down current debt and other commitments. The Quick
Ratio is a company's willingness to
b. Define the terms- Return on Investment and Debt equity ratio and also, reflect on your
understanding towards the financial performance of the companies (2marks for defining
and 3 marks for interpretation and reasoning) (5 Marks)
Ans 3b.
INTRODUCTION
Return on Investment (ROI) is a presenting metric for evaluating an investment's productivity or
profitability, along with analyzing the returns of many investments. The Return on investment
(ROI) attempts to explicitly calculate the profit
Dear students, get latest Solved NMIMS assignments and case study help by
professionals.
Mail us at : help.mbaassignments@gmail.com
Call us at : 08263069601