MCA MAGADH UNIVERSITY QUESTION (2010-2013) (second semester) Principles of Accounting
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MCA MAGADH UNIVERSITY QUESTION (2010-2013) (second semester) Principles of Accounting 2010-2013 Full Marks: 80 Time: 4 hours Candidates are required to give their answers in their own words as far as practicable. The questions are of equal value. Answer any five questions. 1. What do you mean by accounting conventions? Explain the main accounting conventions. 2. Use accounting equation to show the effect of the following transactions of M/s Royal traders: