This document provides information about obtaining fully solved assignments for the SMU MBA Fall 2014 semester. Students are instructed to send their semester and specialization name to an email address or call a phone number to receive assistance with their assignments. Details are provided about course codes, credit hours, and expectations for answer length. Sample questions are included to illustrate the type of assignments available for assistance.

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ASSIGNMENT
DRIVE FALL 2014
PROGRAM MBADS / MBAHCSN3 / MBAN2 / PGDBAN2 / MBAFLEX
SEMESTER I
SUBJECT CODE & NAME MB0041- FINANCIAL AND MANAGEMENT ACCOUNTING
BK ID B1624
CREDITS 4
MARKS 60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Q1. Analyze the following transaction under traditional approach.
18.1.2011 Received a cheque from a customer, Sanjay at 5 p.m. Rs.20,000
19.1.2011 Paid Ramu by cheque Rs.1,50,000
20.1.2011 Paid salary Rs. 30,000
20.1.2011 Paid rent by cheque Rs. 8,000
21.1.2011 Goods withdrawn for personal use Rs. 5,000
25.1.2011 Paid an advance to suppliers of goods Rs. 1,00,000
26.1.2011 Received an advance from customers Rs. 3,00,000
31.1.2011 Paid interest on loan Rs. 5,000
31.1.2011 Paid instalment of loan Rs. 25,000
31.1.2011 Interest allowed by bank Rs. 8,000
Analysis of transaction –with accounts involved-nature of account-affects and debit/credit
Answer :
Q2. The trial balance of Nilgiris Co Ltd., as taken on 31st December, 2002 did not tally and the
difference was carried to suspense account. The following errors were detected subsequently.
a) Sales book total for November was under cast by Rs. 1200.
b) Purchase of new equipment costing Rs. 9475 has been posted to Purchases a/c.
c) Discount received Rs.1250 and discount allowed Rs. 850 in September 2002 have been posted
to wrong sides of discount account.

2. d) A cheque received from Mr. Longford for Rs. 1500 for goods sold to him on credit earlier,
though entered correctly in the cash book has been posted in his account as Rs. 1050.
e) Stocks worth Rs. 255 taken for use by Mr Dayananda, the Managing Director, have been
entered in sales day book.
f) While carrying forward, the total in Returns Inwards Book has been taken as Rs. 674 instead of
Rs. 647.
g) An amount paid to cashier, Mr. Ramachandra, Rs. 775 as salary for the month of November has
been debited to his personal account as Rs. 757.
(Pass journal entries and draw up the suspense account, Journal entries of all the transactions,
Suspense account with Conclusion)
Answer :
3 From the given trial balance draft an Adjusted Trial Balance.
Adjustments:
1. Charge depreciation at 10% on Buildings and Furniture and fittings.
2. Write off further bad debts 1000
3. Taxes and Insurance prepaid 2000
4. Outstanding salaries 5000
5. Commission received in advance1000
4 Compute trend ratios and comment on the financial performance of Infosys Technologies Ltd.
from the following extract of its income statements of five years. (inRs. Crore)

3. Preparation of trend analysis
Solution: Infosys Technologies Ltd.
Trend Analysis
Particulars
2010-11 2009-10 2008-09 2007-08 2006-07
Revenue 27,501 22,742 21,693 16,692 13,893
5 Give the meaning of cash flow analysis and put down the objectives of cash flow analysis.
Explain the preparation of cash flow statement.
Answer : Meaning of cash flow analysis
A cash flow statement is one of the most important financial statements for a project or business.
The statement can be as simple as a one page analysis or may involve several schedules that feed
information into a central statement.
A cash flow statement is a listing of the flows of cash into and out of the busine ss or project. Think of
it as your checking account at the bank. Deposits are the cash inflow and withdrawals (checks) are
the cash outflows. The balance in your checking account is your net cash flow at a specific point in
time.
A cash flow statement is a listing of cash flows that
6 Write the assumptions of marginal costing. Differentiate between absorption costing and
marginal costing.
Answer : The Cost of a product of comprises of materials, labour, and over heads. On the basis of
variability they can be broadly classified as fixed and variable costs. Fixed costs are those costs which
remain constant at all levels of production within a given period of time. In other words, a cost that
does not change in total but become. progressively smaller per uni t when the volume of production
increases is known as fixed cost. it is also called period cost eg. Rent, Salary, Insurance charges etc.
On the other hand variable cost are those cost which very in accordance with the volume of output.
To part it in another way. variable costs
Dear students get fully solved SMU MBA Fall 2014 assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601

4. (Prefer mailing. Call in emergency )