Send up question collection of VS Niketan College
V.S. NIKETAN COLLEGE Pokhara University Affiliate Send-Up Examination-2004 Level: BBA 2 nd Semester Full Marks: 100 Subject: Financial Accounting- II Pass Marks: 50 QN.1. a. Why would the company prefer a shorter depreciation period for tax purpose than for financial reporting (book) purposes? [7] b. Assume you own the retail business that offers credit sales. To estimate bad debts, your business uses the percentage of net credit sales approach. For the new fiscal year, how would you decide what percentage to use to estimate your bad debts? [8] QN.2. a. Following table has been developed to assist you: Assets Acquisition cost Accu