Professional Documents
Culture Documents
SECTION A
Q.1. Write Short Notes on the following
(a) Business Entity Concept
(b) Subsidiary Books
(c) Errors of Principles
(d) Promissory Notes
(e) Provisions
(f) Average Due Date
(g) Straight Line Method of Depreciation
(h) Bad debts
(i) Self Balancing Ledgers
(j) Final Accounts
SECTION B
Q.2. M/s XYZ are maintaining three ledgers i.e. Debtors Ledger, Creditors
Ledger and Normal
Ledger, All these ledges are maintained on the system of self
Balancing. From the following
particulars, prepare adjustments account that would
appear in each of these ledgers.
Date Particulars Amount
(Rs.)