What do you mean by Uniform System of accounting?

Explain the advantages and difficulties

in implementing of this system.

Define Internal Control. Explain briefly the features of Internal Control.

Prepare an Income Statement of Food & Beverage department as on 31st December from the
information given below:
Food Sales 7,25,000/- Kitchen fuel 40,000/-
Beverage Sales 2,00,000/- Laundry 5,000/-
Food Allowance 1,500/- Music 30,000/-
Beverage Allowance 1,000/- Other expense 3,300/-
Food – Cost of Sale 1,80,000/- Cleaning expenses 5,000/-
Beverage – Cost of Sale 90,000/- Employee benefits 25,000/-
Salaries 1,25,000/-

Prepare a Room Department schedule from the Uniform Systems of Accounts:

Sales – regular 2,10,000/-
Commissions 5,000/-
Linen expenses 4,000/-
Wages 12,000/-
Dry cleaning 2,000/-
Salaries 40,000/-
Uniforms 1,000/-
Sales – group 60,000/-
Payroll taxes 2,000/-
Other expenses 2,500/-

Prepare Balance Sheet from the balances extracted on 31st December 2010 in report form
(vertical form):
Debit balances Credit balances
Particulars Amount Particulars Amount
Cash at Bank 4,800/- Bills payable 3,200/-
Cash in hand 1,200/- Creditors 61,300/-
Furniture 7,500/- Capital 3,32,300/-
Debtors 82,900/- Debentures 40,000/-
Motor car 40,000/- Long-term loan 10,000/-
Building 1,50,000/-
Plant & Machinery 1,20,000/-
Bills receivable 4,400/-
Investments(short-term) 20,000/-
Equipment 10,000/-
Drawings 6,000/-
 Prepare an Income statement of a hotel in accordance with Uniform
System of accounts from the following information as on 31 st December 2015:
Net Sales Other Expenses
Rooms 16,50,000 Rooms 1,65,000
Food & Beverage 15,40,000 Food & Beverage 1,17,000
Telephone 55,000 Telephone 3,850
Other 35,000 Other Departments 2,250
Departments Administrative &
General 12,000
Cost of Sales Marketing 65,000
Food & Beverage 5,50,000 Property Operation
Telephone 40,000 and maintenance 60,000
Other Energy
Departments 20,000 Cost(expenses) 80,000
Payroll & other related
expenses Fixed Charges
Rooms 2,60,000 Rent 10,000
Food &
Beverage 4,00,000 Property tax 50,000
Telephone 25,000 Insurance 35,000
Other
Departments 6,000 Interest 75,000
Administrative &
general 1,50,000 Depreciation 1,65,000
Marketing 45,000
Property Non operating income
operation Profit on Sale of fixed assets
And maintenance 55,000 Rs.1,00,000/-
Charge Income Tax @20% on net income