Published by: sadikshya
Published date: 25 Jun 2021
This is the question set along with answers Financial Accounting I Spring 2016, which was taken by the Pokhara University.
Pokhara University – Financial Accounting I Spring 2016
Level: Bachelor | Semester –Spring | Year: 2016 |
Program:BBA/BBA-BI/BBA-TT/BCIS/BHCM | Full Marks: 100 | |
Course: Financial Accounting I | Pass Marks: 45 | |
Time: 3hrs. |
Section “A”
Very Short Answer Questions
Attempt all the questions.
Section “B”
Descriptive Answer Questions
Attempt any six questions.
Section “C”
Case Analysis
Read the scenario and answer the question that follows.
PICTURE
Income statement
For the year ending 2012
PICTURE
Required:
a) Prepare cash how statement for the year 2012 using the direct method for cash how for operating activities section.
b) The president of the company has asked you some questions about the year’s result. He is a bit impressed with the profit margin but he is bothered, however, by the not increase enough balance of cash during the year. In this regard write a paragraph to the president to explain why the cash balance is not increasing as much as the net profit earned during the year.