B.Com Sem 3 Previous Year Question Papers — VNSGU / Saurashtra University (2019–2024)

Corporate Accounting

Accounting for Share Capital: Types of shares, Issue of shares at par, premium, and discount, Pro-rata allotment, Accounting for calls-in-arrears and calls-in-advance, Forfeiture of shares and Reissue of forfeited shares, Transfer to Capital Reserve, Issue and Redemption of Debentures (methods: out of profits, out of capital, Sinking Fund / Debenture Redemption Reserve — DRR, open market purchase), Company Final Accounts under Schedule III of Companies Act 2013 (Statement of Profit and Loss, Balance Sheet), and Valuation of Goodwill and Shares.

Income Tax

Basic concepts of Income Tax Act 1961: Previous Year, Assessment Year, Person, Assessee, Gross Total Income, Total Taxable Income, Agricultural Income, Residential Status and Tax Incidence (Resident & Ordinarily Resident, RNOR, Non-Resident), Incomes exempt from tax under Section 10, Heads of Income: 1) Income from Salaries (Allowances — HRA, Children Education, Perquisites, Gratuity, Pension, Standard Deduction u/s 16), 2) Income from House Property (Gross Annual Value, Municipal Taxes, Net Annual Value, Standard Deduction u/s 24a, Interest on Home Loan u/s 24b), and Deductions from Gross Total Income under Chapter VI-A (Sections 80C, 80CCC, 80CCD, 80D, 80DD, 80G, 80TTA).

Principles of Management

Management: Definition, Nature, Purpose, Scope, and Evolution (Classical, Neo-classical, Modern), Henri Fayol's 14 Principles of Management, F.W. Taylor's Scientific Management, Planning (Process, Types of plans, Management by Objectives — MBO), Organizing (Organizational structures — Line, Functional, Matrix, Delegation of Authority, Decentralization), Staffing and Recruitment, Motivation Theories (Maslow's Hierarchy of Needs, Herzberg's Two-Factor Theory, McGregor's Theory X and Theory Y), Leadership Styles (Autocratic, Democratic, Laissez-faire), and Controlling Process.

Banking and Finance

Indian Banking System structure, Functions of Commercial Banks (Primary and Secondary), Credit Creation mechanism by Commercial Banks, Central Banking (Functions of Reserve Bank of India — RBI, Monetary policy tools: Repo, Reverse Repo, CRR, SLR, Open Market Operations), Negotiable Instruments Act 1881 (Cheques — types, crossing, endorsement, dishonour of cheques under Section 138, Bills of Exchange, Promissory Notes), and Non-Performing Assets (NPA management).

Business Mathematics and Statistics

Set Theory (Laws of sets, Venn diagrams, Applications in business problems), Permutations and Combinations, Probability Theory (Basic concepts, Addition and Multiplication theorems, Conditional Probability, Bayes' Theorem), and Probability Distributions (Binomial distribution properties and business applications).