ADVANCED ACCOUNTING ARAVIND – 09901366442 – 09902787224


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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?



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