Retry for a live version

This page ( is currently offline. However, because the site uses Cloudflare's Always Online™ technology you can continue to surf a snapshot of the site. We will keep checking in the background and, as soon as the site comes back, you will automatically be served the live version. Always Online™ is powered by Cloudflare | Hide this Alert

BCA Solved AssignmentsBCOM Solved AssignmentsBDP Solved Assignments

ECO-02 Solved Assignment Accountancy-I English Medium 2018-19

ECO-02 Solved Assignment For IGNOU. This solution is valid for July 2018 and January 2019 Session. ECO-02 Accountancy-I English Medium Solved Assignment is available in PDF format. Click on the “Goto Download Page” button to open download page.
Course Code : ECO – 02
Course Title : Accountancy-I
Assignment Code : ECO – 02/TMA/2018-19
Coverage : All Blocks
Maximum Marks: 100
Attempt all the questions.
  1. (a) What is Bank Reconciliation Statement? Explain the causes of disagreement in the balances shown by cash Book and Pass Book.
    (b) Why do you maintain bill book separately? State the transactions recorded in Bill Receivable and Bills Payable journals.
  2. (a) What is suspense Account? Why is it opened and how is it closed? Explain.
    (b) Why is provision for doubtful debts created? How is it shown in the Balance sheet? Explain
  3. How would a not-for-profit organization deal with the following items.
    (a) Outstanding Subscriptions, (b) Donation, (c) Tournament Fund, (d) Legacy,
    (e) Life Membership Fees
  4. (a) What is joint venture ? Explain various methods of recording the joint venture transaction. Give entries in each case.
    (b) Differentiate between :
    (i) General Commission and Del Creder Commission
    (ii) Normal Loss and Abnormal Loss
  5. “Incomplete records system is unscientific, incomplete, inaccurate and unsystematic”. Explain
Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *