Anda di halaman 1dari 3

PAPER2:ACCOUNTING&FINANCEFORBANKERS

Thispaperisdifficultascomparedtootherpapers.evencommercegradfinditdifficult.
itconsistof4modulesModuleA:BusinessMathematicsandFinance
ModuleB:PrinciplesofBookkeeping&Accountancy
ModuleC:FinalAccounts
ModuleD:BankingOperations
FocusonmoduleB,CandD.DonttakemoduleAseriouslyasthisismathematicsunit
withallnumericalandyouwillgetyourtimewastedifyoudoitfirst.DomoduleAonlyat
last.doonlyeasierportionslikedepreciationandforex.bereadyforquestionslike
Machineryworth(WDV)1000/soldfor1200/isenteredinsalesregister.The
rectificationis
1.Creditsales1200/,debitmachinery1000/anddebitP&La/c200/.
2.Debitsales1200/,creditmachinery1000/andcreditP&La/c200/.
3.Creditmachinery1200/,debitsales1000/anddebitP&La/c200/.
4.Debitmachinery1200/,creditsales1000/andcreditP&La/c200/.
Thispaperispeaceofcakeforcommerceguys.Forsciencepeople,myadviceforthis
paperistocontactanycommerceteacher/yourfriendinyourlocalityandjusttellhim
thesearethetopicsandIdontwanttoreaditindepthjustgivemeanoverview.Idid
thisandguesswhatIgothighestmarksinthispaperwhichIthoughttobetoughest.
InmoduleC:BankAccountingandBalanceSheetareimportant.Readbalance
sheetandseewhichentriesarecominginassetandliabilitysides.
InmoduleD:ratioanalysisisimportant,23questionscomesfromthissoprepareit
good.AndifyoucantreadachapterjustmakeitsuretocramitssummaryandMCQs,
Fillups.
Questionslikethisarecommon
AborrowingfirmsubmitstotheCommercialBank,thebalancesheetwithfollowing
particulars:
CapitalandReserves24lac
Termloans16lac

TradeCreditors12lac

Expensespayable8lac

Bankcashcredit20lac

Fixedassets24lac

SecuritydepositforElectricity4lac

Preliminaryexpenses2lac

Stocks30lac

Billsreceivable/bookdebts14lac

Cashandbankbalances6lac

Netprofits6lac

Sales120lac

Onthebasisofaboveinformation,pleaseworkthefollowingratio?

1)Currentratiowouldbe:

a1.10:1b1.15:1c1.20:1d1.25:1e1.33:1

2)Whatwillbethequickratio:

a0.85:1b0.75:1c0.50:1d0.40:1e0.30:1

3)Thedebtequityratiowouldbe:

a2.1:1b1.76:1c1.34:1d1.10:1e0.73:1

4)Debtorsvelocityratiowouldbe:

a1.4monthsb1.6monthsc1.8monthsd2.0monthse2.2months

5)Whatwillbestockturnoverratio:

a3timesb4timesc5timesd5.5timese6times
9)PAPER3:LEGAL&REGULATORYASPECTSOFBANKING
Thispaperistheoreticalpapersoboringonetoobutanyhowyouhavetoreadit.it
containsfollowing4modules
ModuleA:RegulationsandCompliance
ModuleB:LegalaspectsofBankingOperations
ModuleC:BankingRelatedLaws
ModuleD:CommercialLawswithreferencetoBankingOperations
Justreadimportantheadingsanddontgoindepthwiththecasestheygaveinbook.

Asusualsummaryandendquestionsareimportantheretoo.SothestrategyIadopted
wastoreadimportantheadingsinboldandendquestions.BydoingthatImanagedto
clearexamwithascoreof52,54,48respectivelyineachpaper.AsImentionedearlier
scoreasmuchasucaninpaper1,asyoucanseefrommymarksIgot48inpaper3
whichbelow50butmy2markswereadjustedfrompaper1and2,soinaggregateIgot
50%.Soevenifyoufailtogetbelow50in1paperbutoverallget50%youpassthe
exam.