Business Organisation and Management — DU B. Voc – Banking Operations Previous Year Question Papers

UNIVERSITY OF DELHI Sub: Amendment to Ordinance V [E.C Resolution No. 18-1/ (18-1-12) dated 18.08.2022] Following addition be made to Appendix-II-A to the Ordinance V (2-A) of the Ordinances of the University; Add the following: Syllabi of Semester-I of the following vocational courses based on Under Graduate Curriculum Framework -2022 to be implemented from the Academic Year 2022-23. 1. B.Voc. Retail Management & IT 3. B.Voc. Software Development 4. B.Voc. Banking, Financial Service & Business BVOC –Banking, Financial Services and Insurance BVOC –Banking, Financial Services and Insurance course for Undergraduate Programme of study with Banking, Financial Services and Insurance as a Single Core Discipline DISCIPLINE SPECIFIC CORE COURSE – 1: Basics of Financial Accounting CREDIT DISTRIBUTION, ELIGIBILITY AND PRE-REQUISITES OF THE COURSE Course title & Credits Credit distribution of the course Eligibility criteria Lecture Tutorial Practical/ Pre-requisite of the course 4 3 0 1 Class XII pass Learning Objective The basic purpose of this course is to develop an insight of postulates, principles and techniques of accounting and application of financial and accounting information for planning, decision-making and control. Learning Outcomes After completion of the course, learners will be able to: 1. Describe various accounting concepts and principles while recording transactions and preparing financial statements; 2. Measure business income applying relevant Accounting Standards; 3. Prepare cash book and other accounts necessary while running a business; 4. Prepare financial statements of sole proprietors and partnership firms; and 5. Understand and analyse financial statements from the perspective of different stakeholders using ratio analysis. SYLLABUS OF DSC-1 Unit I (9 hours) Introduction to Financial Accounting: Accounting as an Information System. Importance, Scope, and Limitations. Users of Accounting Information. Need for Generally Accepted Accounting Principles. Basic Concepts and Conventions: Business Entity, Dual Aspect, Going Concern, Accounting Period, Money Measurement, Accrual, Disclosure, Materiality, Consistency, and Conservatism. The Accounting Equation. Understanding Assets, Liabilities, Revenues, and Expenses. Understanding Capital Expenditure, Revenue Expenditure, Deferred Revenue Expenditure, Capital Receipts, and Revenue Receipts. Nature of Accounts and Rules of Debit and Credit. Recording Transactions in General Journal. Journal entries passed for accounting of transitions including GST. Preparation of Ledger Accounts. Opening and Closing Entries. Preparation of Trial Balance. Recording Transactions in three-column Cash Book. Unit II (9 hours) Bank Reconciliation Statement, Need for Bank Reconciliation; Causes of Differences; Preparation of Bank Reconciliation Statement; How to prepare a Bank Reconciliation Statement when Extracts of Cash Book and Pass Book are given; adjusting the Cash Book Balance;