Old Exam Papers June 2012 (Set 2)

companies accounts as per Section 212 of Companies Act,
1956.
5. What is purchase consideration ? Explain
6. Write a note on Shareholder's information provided in
Annual Reports.
7. Prepare a consolidated Balance Sheet of H Ltd. as on
31st March, 2012 from the following Balance Sheets and
calculate goodwill and minority Interest of S Ltd.
Liabilities H Ltd. S Ltd.
Equity shares of
Rs. 10 each fully paid up 5,00,000 2,00,000
Reserves 1,00,000 -
Creditors 80,000 60,000
6,80,000 2,60,000
Assets H Ltd. S Ltd.
Sundry assets 5,50,000 2,60,000
60% shares in S Ltd.
(at cost) 1,30,000 -
6,80,000 2,60,000
8. Discuss the disclosure of Cash flows arising from financial
activities.
9. Write short notes on any two of the following :
(i) Cost concept
(ii) Exchange rate
(iii) Unpaid dividend
(iv) Post-acquisition profit
200 2 DAM-01 DAM-01 3 200