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Re: F.Y.B.Com University of Mumbai Question Papers
As you asking for the previous year question paper of the Functional English of FYB.com of Mumbai university, here I am giving you the previous year question paper of the Functional English of FYB.com of Mumbai university the question paper consist the following questions : Q.1)Objective type questions : (a) State whether the following statements are trueor false: (Any Five) [05] (i) On Dissolution of Partnership Firm the Assets are transferred on Debit Side of Realisation A/c. (ii) Accounting Standard - I is disclosure of Accounting Policies. (iii) All Cash Transactions are recorded on Receipt and Payment A/c. (iv) When Goodwill is raised on admission of a partner the Capital A/c. of old partners is credited in their old Profit and Loss Sharing Ratio. (v) The relationship of Consignor and Consignee is that of Debtor and Creditor. (vi) Discount on Bills Receivable discounted by Consignor is credited to Consignment A/c. (vii) All Nationalised Banks are the example of Non-trading Organ (b) Fill in the blanks using appropriate words from the brackets : (Any Five) [05] (i) The amount paid on the date of purchases of Assets on Hire-purchase Agreement is called as ___________. [Down Payment, Cash Payment, Bank Payment] (ii) Appreciation in value of Asset, on Revaluation of Asset is ________ to Revaluation A/c. [Credited, Debited, Ignored] (iii) Surplus Capital Method is also called as_________. [Proportionate Capital Method, Maximum Loss Method, None of these] (iv) Excess of Minimum Rent over Royalty is called as _________. [Short Working, Surplus, Profit] (v) The Balance on Capital Account of deceased partner is transferred to _________. [Executor’s Loan A/c., Partner’s Loan A/c., Current A/c.] (vi) Delcradre Commission is paid to Consignee on _________. [Cash Sales, Credit Sales, Total Sales] (vii) Excess of Income over Expenditure of Non-trading Organisation is called as __________. [Surplus, Deficit, Loss] (c) Write short notes : (Any Two) [14] (i) Difference between Hire-purchase and Instalment System (ii) Tally Package (iii) Accounting Standard - 2, Valuation of Inventories (iv) Capital Receipts and Revenue Receipts, with examples Rest of the question paper you may find in thye file given below: FYB com previous year question paper of functional English |
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