ECO 02 Solved Assignment 2021-22

 

ECO 02 Solved Assignment 2021-22

ACCOUNTANCY-I

ECO 02 Solved Assignment 2021-22 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

COURSE CODE : ECO 02

COURSE TITLE : ACCOUNTANCY-I

ASSIGNMENT CODE : ECO 02/TMA/2021-22

COVERAGE : ALL BLOCKS

Maximum Marks: 100

Attempt all the questions:

1. What is Bank Reconciliation Statement? How is it prepared? Explain the advantages of preparing a Bank Reconciliation Statement.

20

2. Give journal entries for the following adjustments and also explain the accounting treatment of these adjustments while preparing the Final Accounts of an Enterprise?

4x5

(i) Prepaid Expenses Rs. 5000

(ii) Interest on Drawings Rs. 1000

(iii) Provision for doubtful debts Rs. 3000

(iv) Loss of Goods by theft Rs. 6,000

(v) Abnormal Loss of Stock Rs. 5000

3. (a) Names the items which are recorded at the invoice price in the consignment account. Give journal entries passed for the adjustment of loading in respect of each item.

10

(b) “Joint Venture is a temporary partnership”. Comment and explain how is it different from Partnership.

10

4. What do you mean by conversion method? Describe the steps that are required to convert the accounts kept under single entry system into double entry system.

10

5. Differentiate between the following:

20

(a) Receipts and Payments Account and Cash Book?

(b) Income & Expenditure Account and Profit & Loss Account

ECO 02 Solved Assignment 2021-22 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

POST GRADUATE DIPLOMA IN AUDIO PROGRAMME PRODUCTION Bachelor’s Degree Programmes (B.COM (English) ASSIGNMENTS

Dear Learner,

You have to submit one assignment in each course, i.e. ECO 02, ECO 02 and ECO 03. All these are Tutor Marked Assignments (TMAs). Before attempting the assignments, please read the instructions provided in the Programme Guide carefully.

Kindly note, you have to submit these assignments to the Coordinator of your Study Centre within the stipulated time for being eligible to appear in the term-end examination. You must mention your Enrolment Number, Name, Address, Assignment Code and Study Centre Code on the first page of the assignment. You must obtain a receipt from the Study Centre for the assignments submitted and retain it. Keep photocopies of the assignments with you.

After evaluation, the assignments have to be returned to you by the Study Centre. Please insist on this and keep a record with you. The marks obtained by you will be sent by the Study Centre to the Student Evaluation Division at IGNOU, New Delhi.

Guidelines for Doing Assignments

There are five questions in each assignment, all carry equal marks. Attempt all the questions in not more than 500 words (each). You will find it useful to keep the following points in mind:

Planning: Read the assignments carefully. Go through the units on which they are based, make some points regarding each question and then rearrange them in a logical order

Organization and Presentation: Be analytical in your selection of the information for your answer. Give adequate attention to the introduction and the conclusion. Make sure that your answer is logical and coherent; has a proper flow of information.

For IGNOU Solved Assignment PDF & Hand Written

Subscribe YOUTUBE : ASSIGNMENT SOLUTION

WhatsApp Contact : 9958676204