IGNOU Solved Assignments Free PDF Download 2020-21 ECO 14

IGNOU Solved Assignments Free PDF Download 2020-21 ECO 014

Assignment is given 30% weightage in the final assessment. To be eligible to appear in the Term- End Examination, it is compulsory for you to submit the assignments as per the schedule. Before attempting the assignments, you should carefully read the instructions given in the Programme Guide.

These assignments are valid for two admission cycles (July 2020 and January 2021). The

validity is given below:

1. Those who are enrolled in July 2020, it is valid up-to June 2021.

2. Those who are enrolled in January 2021, it is valid up-to December 2021.

In case you are planning to appear in June Term-End Examination, you must submit the

assignments to the Coordinator of your Study Centre latest by 15th March and if you are planning

to appear in December Term-End Examination, you must submit them latest by 15th September.

Here is IGNOU Solved Assignments Free PDF Download 2020-21 for ECO 14 Accounting II.

These answers are prepared for the students who have to submit their assignments in March 2021 and September 2021.

Students can take help from these Solved Assignments and further refer this or can visit official website of IGNOU eGyankosh for Study Material.

Q1. Explain various systems of maintaining the accounts of a dependent branch and describe how is profit ascertained under each system?

Q2. State the similarities and dissimilarities of Hire Purchase System and Installment Payment System. Describe the difference between the accounting treatment under the Hire Purchase System and Installment Payment System.

Q3. What journal entries are passed at the time of revaluation of assets and liabilities when a new partner is admitted in to the partnership? How will you work out the new capital of each partner if the capital is to be adjusted in the new profit sharing ratio? Give examples.

Q4. (a)Explain the provisions relating to issue of shares at a discount under Companies Act. Also explain the procedure of forfeiture of shares by the company.

(b)Describe the accounting treatment of debentures issued as a collateral security by the company.

Q5. What is Cash Flow Statement? How net profit from business is converted to cash from operations? Describe the uses of Cash Flow Statement.

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