Financial Accounting (BBA103) - AKTU Question Paper 2025-26
BBA · Semester 1 · Free PDF Download
This is the official AKTU Financial Accounting Previous Year Question Paper for BBA Semester 1, academic session 2025-26. Published by Dr. A.P.J. Abdul Kalam Technical University (AKTU/UPTU), Lucknow. Free PDF download — no login required.
Course:BBA
Semester:Semester 1
Session:2025-26
University:AKTU / UPTU
Rate this paper
Questions Asked in 2025-26
Financial Accounting (BBA103) — extracted question text · 70 marks · 3 Hours
Section AAttempt all q u e s t i o n s i n b r i e f . 2 x 07 = 14
- aExplain financial accounting
- bExplain trial balance
- cWhat is double entry system
- fList the components of final accounts
- gExplain International Financial Reporting Standard(IFRS)
Section BAttempt any three o f t h e f o l l o w i n g : 7 x 3 = 21
- aExplain the purpose and scope of accounting in a business co ntext. How does accounting contribute to the overall management and decisi on- making processes within an organization?
- bEvaluate the concept of the double-entry system in accounting. What are its key principles and how does it ensure the accuracy of finan cial records?
- cCritically assess the factors that influence the choice of i nventory valuation method for a business. How do these factors impact fi nancial reporting and decision-making?
- dAnalyze the purpose and components of a trading account. How does it help in determining the gross profit or loss of a business?
- eElaborate the key provisions o f Ind AS 16 – Property, Plant, a n d Equipment. How do these provisions impact the recognition, measurement, and disclosure of fixed assets in financial statements?
Section CAttempt any one p a r t o f t h e f o l l o w i n g : 0 7 x 1 = 0 7
- aCritically assess the importance and limitations of accounti ng information for various stakeholders, such as investors, credit ors, and management. How do these limitations affect decision-making?
- bCompare and contrast the di fferent types of expenditures in accounting: capital expenditure, revenue expe nditure, and deferred revenue expenditure. How do these classifications impact financial statements?
- aFor the following transactions, develop journal entries for the month of January, 2018
- bCritically assess the benefits of maintaining a ledger in ac counting. How does it aid in the organization and retrieval of financial information?
- aExplain the concept of depreciation in accounting. Why is it significant for businesses to account for depreciation?
- bExamine the process to calculate depreciation using the stra ight-line method. Discuss the advantages and disadvantages of this method
- aDevelop a step-by-step guide to preparing a trial balance. I nclude an example to illustrate how balances from ledger accounts are tra nsferred to the trial balance
- bExamine the process of preparing a cash flow statement for a joint stock company. How do the cash flows from different activities reflec t the company's financial performance and position?
- aCritically assess the process of issuing Indian Accounting S tandards (Ind AS). What are the key steps involved in developing and implemen ting these standards?
- bDevelop a detailed explanation of the need for convergence o f Indian Accounting Standards (Ind AS) w ith IFRS. How does this converge nce benefit the economy, investors, industry, and accounting professionals?
Question text is extracted from the official AKTU question paper PDF above. Check the original PDF for equations, diagrams and complete wording. Extracted: 2026-08-23.
Financial Accounting — Other Year Papers
AKTU Financial Accounting PYQs from other sessions
More BBA Semester 1 (2025-26) Papers
Other subjects from same semester and session
Business Mathematics2025-26Business Communication2025-26Environmental Science2025-26It Application – I2025-26Business English2025-26Principles Of Management2025-26
View all BBA Semester 1 2025-26 papers →