4948353799

QP Codę : 13839

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6

b)    Outstar.ding Electricity chargcs and Rent. Rates & iaxcs wcrc Rs. 10,000 & Rs, 30,000 rcspcclively.

c)    Miscellancous income rcccivable was Rs. 10,000.

d)    Rs 50,000 to be providcd for Rad & Doubtful Debls. c) Prcpaid Advcrtiscmcnt expenses werc Rs.20,000.

0 Make a provision for Income Tax of Rs. 2,00,000.

Prcparc statcment of Profit & loss for the year ended 3Ist March 2015 as per the provjsionsofthe Corapanies Act.

5. (a) What is Purchasc Considcration? Explain the different methods of calculating g Purchasc Consideration.

(b) Explaln tlje term Tangiblc fixed Assels, Intnngiblc f:xcd Assets & Fictitious Assets 7 giving suitablc cxamplcs.

OR

Q5. Write Short Notes on any tbree of the followir.g:

(a)    IFRS.    .    .

(b)    Interaal Reconstiuction ofCompanics.

(c)    Snb Division & Consolidation of shares.

(d)    Amalgamation AdjustmcntAccount.

(e)    Ex- interes' transactions in Invcstmcnt Accounting.

[TURN OVER

Hl-Con. 1888-15.