Dear students get fully solved SMU MBA Fall 2014 assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601

1. Dear students get fully solved SMU MBA Fall 2014 assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )
ASSIGNMENT
DRIVE FALL 2014
PROGRAM MBADS / MBAHCSN3 / MBAN2 / PGDBAN2 / MBAFLEX
SEMESTER I
SUBJECT CODE & NAME MB0041- FINANCIAL AND MANAGEMENT ACCOUNTING
BK ID B1624
CREDITS 4
MARKS 60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
1 Give the classification of Accounts according to accounting equation approach withits meaning
and examples. Compare the traditional approach with modern approachof accounting equation
approach. Analyze the transaction under traditional approach.
a. 20.1.2011 Paid salary Rs. 30,000
b. 20.1.2011 Paid rent by chequeRs. 8,000
c. 21.1.2011 Goods withdrawn for personal use Rs. 5,000
d. 25.1.2011 Paid an advance to suppliers of goods Rs. 1,00,000
e. 26.1.2011 Received an advance from customers Rs. 3,00,000
f. 31.1.2011 Paid interest on loan Rs. 5,000
g. 31.1.2011 Paid instalment of loan Rs. 25,000
h. 31.1.2011 Interest allowed by bank Rs. 8,000
Classification of accounting equation approach with meaning andexamplesAnalysis of transaction
–with accounts involved-nature of accountaffectsand debit/credit
Answers:- Classification of Accounts According to Accounting Equation Approach
Accounting equation approach classifies different types of accounts into assets account, liabilities
account, capital account, revenue account, and expenses account.
Types of Accounts Meaning Examples
2 The following trial balance was extracted from the books of Chetan, a smallbusinessman. Do you
think it is correct? If not, rewrite it in the correct form.

2. Solution :-
Debit balances Amount Rs. Credit balances Amount Rs.
Stock 8250 Capital 10000
Purchase 12750 Creditors 7250
Wages and salaries 2500 Dis received 800
4 Compute trend ratios and comment on the financial performance of Infosys Technologies Ltd.
from the following extract of its income statements of five years. (inRs. Crore)
Preparation of trend analysis
Solution: Infosys Technologies Ltd.
Trend Analysis
Particulars
2010-11 2009-10 2008-09 2007-08 2006-07
Revenue 27,501 22,742 21,693 16,692 13,893
5 Give the meaning of cash flow analysis and put down the objectives of cash flow analysis.
Explain the preparation of cash flow statement.
Answer : Meaning of cash flow analysis

3. A cash flow statement is one of the most important financial statements for a project or business.
The statement can be as simple as a one page analysis or may involve several schedules that feed
information into a central statement.
A cash flow statement is a listing of the flows of cash into and out of the business or project. Think of
it as your checking account at the bank. Deposits are the cash inflow and withdrawals (checks) are
the cash outflows. The balance in your checking account is your net cash flow at a specific point in
time.
A cash flow statement is a listing of cash flows that
6 Write the assumptions of marginal costing. Differentiate between absorption costing and
marginal costing.
Answer : The Cost of a product of comprises of materials, labour, and over heads. On the basis of
variability they can be broadly classified as fixed and variable costs. Fixed costs are those costs which
remain constant at all levels of production within a given period of time. In other words, a cost that
does not change in total but become. progressively smaller per unit when the volume of production
increases is known as fixed cost. it is also called period cost eg. Rent, Salary, Insurance charges etc.
On the other hand variable cost are those cost which very in accordance with the volume of output.
To part it in another way. variable costs
Dear students get fully solved SMU MBA Fall 2014 assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )