Principles of Accounting Midterm Spring 2026 Question Paper — Study Guide & FAQ

What is the Principles of Accounting Midterm Spring 2026 question paper?

This page hosts the Principles of Accounting Midterm Spring 2026 question paper for DIU BBA students studying Principles of Accounting (0411-115) during Spring 2026. The PDF comes from our student archive — use it to learn the exam format, time yourself, and spot recurring topics.

What questions appear on this exam?

The transcript below shows real questions from this paper (OCR). Common themes include: Question 1: Marks: 2+3=5 a) What is trial balance? Describe the limitations of a trial balance? [CLO 1, Level 2] b) Describe the following short notes: (i) Measurement Principle (ii) Internal Users (iii) Monetary Unit Assumption [CLO 1, Level 2] Question 2: Marks: 10+3=13 David opened her travel agency on January 1,; During the first month of operations, the following transactions took place: Jan 1 David invested $10,000 cash and $ 4,000 of Equipment in the business. 4 Purchased Furniture of $14,000 of which 50% paid in cash. 12 Performed services to the clients for cash $2,; 14 Receive a bill of S 300 for advertising on daily newspaper. 17 Borrowed $1,200 cash from a bank on a note payable. 22 Provide ticketing services on account $3,.

• Question 1: Marks: 2+3=5 a) What is trial balance? Describe the limitations of a trial balance? [CLO 1, Level 2] b) Describe the following short notes: (i) M…
• During the first month of operations, the following transactions took place: Jan 1 David invested $10,000 cash and $ 4,000 of Equipment in the business. 4 Pu…
• 14 Receive a bill of S 300 for advertising on daily newspaper. 17 Borrowed $1,200 cash from a bank on a note payable. 22 Provide ticketing services on accoun…
• 27 David withdrew $800 cash for personal use. 28 $4,000 of the accounts payable is paid for credit purchase of furniture on January
• 29 Receipt of $2,000 for service provided on July
• 30 Paid monthly expenses for salaries $900, utilities $300, and Rent $
• Instruction: a) Examine the above transactions in preparing a tabular summary. [CLO 3, Level 4] b) By using the information of tabular summary construct Inco…
• The following information is related with the operations of June, 2025: June 1: Sharif invested Tk 200,000 cash, and Equipment of Tk 100,000 in the business.…

How should DIU BBA students use this past paper?

Attempt the full paper once without notes, then mark questions you could not finish in time. Compare your work with class notes, the course hub, and any answer scripts linked on this page. Repeat weak chapters one week before your real exam.