Railway Accounts Department Examinations: Question papers

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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Saturday, May 26, 2018

Question papers - Book Keeping

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

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Important Short Notes questions

in Advanced Book keeping paper of Appendix 3 Exam

Note:

A very commendable effort by Shri Satbir Singh, Bhopal in compiling the Short Notes questions in Advanced Book Keeping paper.

5 times Asked

1. Deferred Revenue Expenditure-1982, 1987, 1989, 1996, 2000

4 times Asked

1. Secret Reserve - 1981, 1987, 1990, 1994

3 times asked

1. Accommodation Bill- 1986, 1994, 1996

2. Contingent liability 1981, 1996, 2001

3. Debt Equity Ratio-1994, 2001, 2006

4. Self Balancing Ledger -1982, 1987, 1989

5. Goodwill -1985, 1988 1994

6. Sinking Fund -1985, 1989, 2001

2 times asked

1. Cash Book - 1997, 2006

2. Double Entry System -1997, 2001

3. Floating Assets -1982, 1985

4. Goodwill on dissolution -1982, 1990

5. Inventory Turnover Ratio -1988, 1990

6. Memorandum of Association -1982, 1990

7. Single Entry System -1987, 1989

8. Under-Writing commission -1986, 1988

9. Valuation of Goodwill -2001, 20061

1 time asked

1. Account Current-2000

2. Accounting conventions or principles-1988

3. Accrual concept-2004

4. Acid test ratio-1994

5. Amalgamation-1997

6. Average Due Date-2001

7. Bonus shares - 2000

8. Capital expenditure -1990

9. Capital reserve and General Reserve-2000

10. Capital reserve fund -1997

11. Cash flow statement -2006

12. Consignment Account - 1986

13. Convention of conservation-1996

14. Convertible debentures -1989

15. Current Ratio -1994

16. Debenture Redemption Account -1986

17. Debentures -1981

18. Development expenses -1985

19. Endowment Fund - 2000

20. Holder in due course -1994

21. Income & Expenditure Account -2000

22. Issue of shares at premium -1986

23. Joint venture -1997

24. Ledger -2004

25. Limitations of financial statements -2004

26. Liquidity Ratio -1988

27. Machine hour rate of depreciation -2004

28. Money Measurement Concept -2000

29. Negotiability of Bill of Exchange-2004

30. Negotiable Instrument -1994

31. Notice of dishonour -1986

32. Operating Ratio-1994

33. Partnership Deed-2004

34. Preference Shares -1981

35. Profitability Ratios -2006

36. Promissory Note -2006

37. Reserve for Doubtful Debts -1982

38. Sans Recourse Endorsement -1994

39. Share Premium account -1989

40. Stock Turnover Ratio -1994

41. Stock valuation methods -1989

42. Subsidiary Records -1985

43. Sum of the Digits method -1988

44. Suspense Account -1996

45. Trading Account -1997

46. Trial Balance -1981

47. Valuation of Stock-in-Trade -1985

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