ADVANCED ACCOUNTING ARAVIND – 09901366442 – 09902787224
Need Answer Sheet of this Question paper, contact aravind.banakar@gmail.com www.mbacasestudyanswers.com ARAVIND – 09901366442 – 09902787224 ADVANCED ACCOUNTING Q-1) Briefly explain the following i) Dual aspect concept ii) Realization concept Q-2) Distinguish between the following: Actual basis of accounting and cash basis of accounting? Q-3) What is depreciation? State briefly the different causes of depreciation? Q-4) Distinguish between the following : `Double Entry System’ and `Single Entry System’ Q-5) Distinguish between the following Sale and Consignment Q-6) What do you mean by Self balancing ledgers? Discuss the main advantages of self balancing ledgers? Q-7) Explain the following. i) Adjustment Entries ii) Capital expenditure and Revenue expenditure Q-8) What are the different causes of discrepancy between bank balances as per cash book and pass book? Need Answer Sheet of this Question p...