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

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

This page hosts the Principles of Accounting Midterm Summer 2026 question paper for DIU BBA students studying Principles of Accounting (0411-115) during Summer 2026, Batch BBA 72. 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: 1 (a) Explain the internal users of accounting data and interpret how accounting provides relevant data to these users. CLO-1, L-2: [1] (b) Can a business enter into a transaction in which only the left side of the basic accounting equation is affected? If so, illustrate with an example. CLO-1, L-2: [2] (c) Interpret the importance of Going Concern Assumption in preparing financial statements and explain the consequences if this assumption is not valid. CLO-1, L-2: [2] 2 Mr. Beta commenced business under the name Beta Trading on 1 May; The following transactions occurred during the month of May 2026: | Date | Transactions | |---|---| | May 1 | Invested Tk. 1,500,000 cash in the business. | | May 5 | Opened a bank account in the name of the business and deposited Tk. 1,000,; | | May 10 | Purchased inventory on credit from Karim Suppliers for Tk. 300,.

• 1 (a) Explain the internal users of accounting data and interpret how accounting provides relevant data to these users. CLO-1, L-2: [1] (b) Can a business en…
• The following transactions occurred during the month of May 2026: | Date | Transactions | |---|---| | May 1 | Invested Tk. 1,500,000 cash in the business. | …
• | | May 10 | Purchased inventory on credit from Karim Suppliers for Tk. 300,
• | | May 15 | Sold goods on account to Rafi Enterprise for Tk. 180,
• | | May 20 | Received Tk. 100,000 from Rafi Enterprise as partial settlement of the account. | | May 25 | Owner withdrew Tk. 40,000 cash for personal use. | …
• CLO-2, L-3: [10] 3 Trix started his own consulting firm, Matrix Consulting, on April 1,
• On April 30, the balance sheet showed Cash Tk. 500,000, Accounts Receivable Tk. 1,500, Supplies Tk. 500, Equipment Tk. 6,000, Accounts Payable Tk. 4,000, and…
• During May, the following transactions occurred. | Date | Transactions | |---|---| | May-1 | Additional invested Tk. 1,000,000 cash 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.