Railway Accounts Department Examinations

Showing posts with label important questions. Show all posts
Showing posts with label important questions. Show all posts

Wednesday, November 21, 2018

Important questions - Book keeping - Differences between compiled by Shri Uday, SSO(A)/Secunderabad


Important questions - Book keeping - Differences between
compiled by Shri Uday, SSO(A)/Secunderabad

1.       Interest & Dividend  click

2.       Shares & Debentures

3.       Memorandum of Association & Articles of Association

4.       Hire purchase & Installment payments

5.       Trading Account & Profit and Loss Account

6.       Single Entry & Double Entry

7.       Joint Venture & Partnership

8.       Fixed Assets & Current Assets

9.       Trade bills & Accommodation bills  Click

10.   Trial balance & Balance sheet

11.   Straight line method & Written down method (Diminishing balance method)

Wednesday, August 15, 2018

Important question - Book keeping

IMPORTANT QUESTIONS IN BOOK KEEPING SUBJECT
compiled by Smt Neelam Dhadse, SSO(A)/Bhusaval
Important Note:

My advice is to read and cover entire syllabus irrespective of  Important or Not Important. Subsequently put more preference for  important ones because they are repeatedly asked in previous examinations as well as for importance they associated with the working of Indian Railways.

Short notes
1) contingent liability
2 ) secret reserve
3) deferred revenue expenditure
4) good will/ valuation of good will
5) memorandum of association
6) accommodation bill
7) accounting conventions or principles
8) double entry system/ single entry system
9)business entity concept
10) money measurements concept
11) matching concept
12) accrual concept
13) going concern concept
14) revenue recognition
15) full disclosure 
16) cash book
17) petty cash book
18) equity
19) cash discount
20) trade discount
21) liquidity ratio
22) debt equity ratio
23) subsidiary records
24) endowment of fund

Distinguish between
1) single entry and double entry
2) fixed asset and current assets
3) trading a/c and profit & loss a/c
4) bad debts & doubtful debts
5) trade bill & accommodation bill
6) debit note & credit note
7) joint venture & partnership 
8) memorandum of association & article of association
9) receipt and payment a/c & income and expenditure a/c
10) sale and consignment
11) bill of exchange and promissory note and cheque
12 share and debenture
13) equity shares & preference share
14) capital expenditure & revenue expenditure
15) trial balance & balance sheet
16) journey and ledger
17) straight line & written down method
18) capital reserve & revenue reserve
19) interest and dividend
Topic to be cover 
1) trial balance :- definition, errors not disclosed by trail balance, errors disclosed by trial balance
2) depreciation :- definition, factors causing depreciation, type of depreciation
3) accounting conventions/ concept/principles
4) bank reconciliation statement:- definition, causes fir disagreement between cash book & pass book.
5) provision, types of provision.
6) reserve, types of reserve.
7) bill of exchange
8) promissory notes
9) negotiable instruments
10) trail balance
11) good will, valuation of good will, good will on dissolution
12) profitability ratios & it's types
13) shares ,types of shares
14) debenture, types of debentures.

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Thursday, March 8, 2018

Book keeping paper - Important questions - Differences between


Important Differences between questions
in Advanced Book keeping paper of Appendix 3 Exam

Note:
A very commendable effort by Shri Satbir Singh , Bhopal in compiling the Distinguished questions in Advanced Book Keeping paper. 

4 times Asked

1.      Equity shares and preference shares-1989, 1994, 1995, 1996
2.      Provision and reserves -1984, 1987, 1988, 1995

3 times asked

1.      Bill of exchange and promissory note-1986, 1991, 1997
2.      Consignment and sale-1987, 1989, 1997
3.      Fixed assets and current assets-1994, 1996, 2004
4.      Shares and debentures-1997, 2000, 2006

2 times asked

1.      Amalgamation and absorption-1986, 1988
2.      Bad debts and doubtful debts-1983, 2004
3.      Capital and revenue expenditure-1991, 2000
4.      Debentures and preference shares-1983, 1987
5.      Joint venture and partnership-2001, 2004
6.      Fixed and floation assets-1991, 1997
7.      Memorandum of association and articles of association-2001, 2006
8.      Good will and royalty-1986, 1989
9.      Ledger and journal-1995,  2016
10.  Renewal of bill and retiring a bill-1996, 2001
11.  Straight line method and diminishing balance method of providing depreciation-2000, 2006
12.  Trade discount and cash discount-1988, 1997
13.  Wasting and fictitious assets-1987, 1989

1 time asked


1.      Accrual and cash basis of accounting-1988
2.      Bonus shares and right shares-1984
3.      Business entity concept and going concern concept-1996
4.      Capital expenditure and capitalized expenditure-1984
5.      Capital receipts and revenue receipts-1988
6.      Carriage inward and carriage outwards-2004
7.      Cash credit and over draft-1986
8.      Consignment account and joint venture accounts.-1983
9.      Consignment and joint venture-2000
10.  Convertible debentures and redeemable debentures-2001
11.  Current ratio and acid test ratio-2000
12.  Current ratio and quick ratio-1989
13.  Debit note and credit note-1980
14.  Dividend and interest-2006
15.  Errors of principle and compensatory errors-1997
16.  Fifo and lifo method of inventory valuation-1988
17.  Financial and cost accounting-1995
18.  Fixed capital and working capital-1994
19.  Hire purchase and installment system-2006
20.  Issue of debentures at prememium and issue of debentures at discount-1980
21.  Limited company and partnership-1980
22.  Nominal capital and paid-up capital-1980
23.  Partnership concern and joint stock company-1995
24.  Preference and deferred shares-1991
25.  Private limited and public limited company-2006
26.  Promissory note and bill of exchange-1994
27.  Receipt and payment account and income and expenditure account-2001
28.  Reserve fund and capital reserve-1994
29.  Reserve fund and dividend equalisation fund-1983
30.  Revenue expenditure and deferred revenue expenditure-1984
31.  Revenue fund and sinking fund-1991
32.  Sale and consignment-2001
33.  Single entry and double entry system-2004
34.  Trade bill and accommodation bill-1995
35.  Trade discount and quantity discount-1983
36.  Trade mark and patent rights-1989
37.  Trading account and p&l account-2004
38.  Trial balance and balance sheet-2000

for PDF version, click below

Book keeping - Important questions - Distinguish between
    
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