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

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

This page hosts the Principles of Accounting Final 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: Instruction: Answer all the questions Question 1: Marks: 2.5*2 = 5 (a) Distinguish between a periodic inventory system and a perpetual inventory system. Explain the major differences in their recording, updating, and reporting procedures. [CLO-1, L-2] (b) Explain why are adjusting entries usually prepared at the end of the accounting period? What problems might arise if such adjustments are not made? [CLO-1, L-2] Question 2: Marks: 8 Kem's Book Warehouse distributes hardcover books to retail stores and extends credit terms of 1/10, n/30 all of its customers. During July, following merchandising transactions occurred. July Purchased books on account for Tk. 1,800 from Binsfeld Publishers, FOB Destination. Seller’s proprietor also made a cash payment of Tk. 50 for the freight on this date. 3 Sold books on account to Reading Rainbow for Tk. 2,; The cost of the books sold was Tk. 1,; terms 1/10, n/.

• Instruction: Answer all the questions Question 1: Marks: 2.5*2 = 5 (a) Distinguish between a periodic inventory system and a perpetual inventory system. Expl…
• The cost of the books sold was Tk. 1,
• terms 1/10, n/
• 9 Paid Binsfeld Publishers in full, less discount. 12 Received payment in full from Reading Rainbow 18 Purchased books on account for Tk. 1,700 from McGrirn …
• 30 Paid McGrirn Publishers in full. Requirement: Apply the perpetual inventory system to journalize the transactions of Kem's Book Warehouse for the month of…

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.