Question 1 Write short notes on following-
- Explain any five important functions of accounting
- What is Book-Keeping? Explain features of book-keeping
Question 2 Explains any five accounting concepts
Question 3 Show the accounting equation on the basis of the following transactions and present a balance sheet on the basis of the ending equation in the books of M/s Sukumar
Question 4 What do you mean by Adjustments? Explain any four common adjustments with example
Question 5 Explain the meaning of ledger
Question 6 Explain the meaning and importance of journal
Question 7 What is bank reconciliation statement? Explain purpose of bank reconciliation statement along with causes for the differences