AIOU BA & BCOM Program Guess Paper course 444

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BA, B. Com Gases Paper Course Code 444

Question No.1:
a) Joint Venture is a sort of business between two firms on agreed terms. Comments and also write how did Joint Venture business develop between two firms?
b) Distinguish between normal losses and abnormal losses on consignment.
Question No.2:
a) Write down the need and objectives in establishing sale agencies and branches. Also differentiate between them.
b) Discuss the characteristics of a company. Also discuss the contents in detail of the prospectus of a Joint-stock Company.
Question No. 3:
When is Branch income recognized on the books of the home office? How is the home office's investment in branch account affected by the income recognition?
(OR)
Discuss independent Branch. Give Journal Entries to incorporate the Branch Trial Balance in the books of head office.
Question No. 4:
a) How company is formed? And what is the role of the Board of Directors in a company and how does it differ from the role of management?
b) What are the different classes of share capital of a company? Also discuss the various kinds of debentures issued by a company.
Question No. 5:
a) What are the different kinds of debentures? How a debentures distinguished from a shareholder? And under what conditions debentures are issued & redeemed?
b) Define dividend. Discuss its various classes.

Question No. 6:
a) Define Liquidation. Why is it necessary? Write the procedure of accounting entries for Liquidation. b) Differentiate between hire purchase and Installment sales.
Question No. 7:
What is meant by single entry book keeping? What are its default? Write the methods of preparation of accounts under single entry system and incomplete records.
Question No. 8:
a) Explain how does a lessee determine what interest rate is appropriate for capitalization of a lease.
b) What are the criterias for the leases? Also draw a flow short for lease classification.
Question No. 9:
a) What is distinguishing feature of a joint venture business from other forms of business? b) Write a detailed note on Accounting for Sale Agencies and Accounting for branch Operations.

Question No. 10:
a) Differentiate between Company and Partnership.
b) Under Companies ordinance 1984, What entries of debenture are passed when issued and redeemed at premium and at a discount?
Question No. 11:
a) What is meant by Ratio-Analysis? Write a note on its objective and working capital.
b) Write a detailed note on Long - Term Solvency.
Question No. 12:
a) What are the main features of hire-purchase procedure?
b) Describe your understanding of operating lease.
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