PCO 01 Solved Assignment 2022-23
PREPARATORY COURSE IN COMMERCE
PCO 01 Solved Assignment 2022-23 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.
Course Code : PCO 01
Course Title : PREPARATORY COURSE IN COMMERCE
Assignment Code : PCO 01/TMA/2022-23
Maximum Marks: 100
Q1.
Discuss the forms of business organisation.
10
Q2.
Define Accounting. Discuss the need of accounting.
10
Q3. Mr.
Mukesh Rana carries on ready made garments business. A few transactions are
given below. Identify the transactions to be recorded in the books of his
business.
10
a)
Purchased a typewriter for Rs. 6,000 for ofice use.
b) Sold
old domestic furniture for Rs. 500.
c)
Purchased cloth for garments for Rs. 10,000.
d) A
shirt worth Rs. 250 is taken home for his son.
e)
Appointed Satish as an assistant in the shop.
Q4.
Differentiate between double entry system and single entry system
10
Q5.
Discuss the classification of accounts with example.
10
Q6.
Journalise the following transactions, post them into ledger and balance the
accounts:
15
1 st
April 2022 Ashok commenced business with cash Rs. 1,20,000
3 rd
April 2022 Purchased furniture for cash Rs. 24,000
4 th
April 2022 Purhased goods from Vijay Rs. 36,000
5 th
April 2022 Sold goods Rs. 4,800 7 th April 2022 Paid rent Rs. 3,000
Q7. What
is a Bank Reconciliation Statement? Discuss the various causes of disagreement
between the balances shown by the cash book and the pass book.
15
Q8. (a)
Distinguish between the following:
10
(i)
capital receipts and revenue receipts,
(ii)
capital profits and revenue profits, and
(iii)
capital losses and revenue losses.
(b) What
is suspense account? When it is opened?
10
PCO 01 Solved Assignment 2022-23 : All
assignments are in PDF format which would be send on email/WhatsApp
(9958676204) just after payment.
PCO 01 Solved Assignment 2022-23, PCO 01 Solved Assignment 2022-23, PCO
01 Solved Assignment 2022-23, PCO 01 Assignment, IGNOU Assignment PCO
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Assignment 2022-23 :- Those students who had successfully submitted their
Assignments to their allocated study centers can now check their Assignment
Status. Alongside --assignment status, they will also checkout their assignment
marks & result. All this is often available in a web mode. After submitting
the assignment, you'll check you PCO 01 Solved Assignment 2022-23 only after
3-4 weeks. PCO 01 Solved Assignment 2022-23 it'd take 40 days to declare PCO 01
Solved Assignment 2022-23
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