ANU B.Com 2nd Sem Fundamentals of Accounts-II Important Questions

ANU B.Com 2nd Sem Fundamentals of Accounts-II Important Questions both theory and problems are now available. By preparing these questions you can get a maximum of 70 marks in your external exams. Here you can all Acharya Nagarjuna University updates like important questions, notifications, previous papers, syllabus, materials ext..

Short Answer Questions

1. Describe the term 'Depreciation'? Explain its objectives. [ANU 19]
2. Explain various types of Reserves. [ANU 19]
3. What is consignment? How does  it differ from sale? [ANU 19]
4. Advantages of Join Venture. [ANU 19]
5. What is meant by normal loss? How is calculated? [ANU 19]
6. Distinguish between capital reserve and general reserve. [ANU 19]
7. Factors determining depreciation. [ANU 19]
8. Recurring and Non-Recurring expenses. [ANU 19]
9. Diminishing balance method of depreciation.[ANU 18]
10. Provision Vs Reserves.[ANU 18]
11. Features of Bills of exchange.[ANU 18]
12. Discounting of Bills.[ANU 18]
13. Characteristics of consignment.[ANU 18]
14. Normal loss and abnormal loss.[ANU 18]
15. Features of joint venture.[ANU 18]
16. Joint venture Vs Consignment.[ANU 18,16]
17. Meaning of depreciation.[ANU 17]
18. Annuity method.[ANU 17]
19. Meaning of provision and reserves.[ANU 17]
20. Nothing charges.[ANU 17]
21. Account sales in consignment.[ANU 17]
22. Delcredere commission.[ANU 17]
23. Features of joint venture.[ANU 17]
24. Straight line method.[ANU 16]
25. Cause of depreciation.[ANU 16]
26. Meaning and purpose of creating reserves.[ANU 16]
27. Characteristics of bills of exchange.[ANU 16]
28. Renewal of a bill.[ANU 16]
29. Valuation of closing stock in consignment.[ANU 16]
30. Normal loss and abnormal loss.[ANU 16]