FREE Nios Accountancy (320) Tutor Marked Assignment 2021-22 Question paper
Get here Best Assignment Answers for Nios Accountancy (320) Tutor Marked Assignment 2021-22 with Project Work. We provide two types of assignment file like In PDF and handwritten copy. You can order any one type of assignment file. Click Here!! contact us -9582489391 or wthatsapp
Accountancy
(320) Tutor Marked Assignment 2021-22
Note :
(i) All questions are compulsory.
The Marks allotted for each question are given beside the questions.
(ii) Write your name, enrollment
numbers, AI name and subject on the first page of the answer
1. Answer any one of the
following questions in about 40-60 words.
(a) Your friend anticipates that it
may not be possible to collect Rs 47,000 from one of his debtors. Will he
record this transaction in the books of accounts and if yes then at what value?
(b) Dual aspect is the foundation or
basic principle of accounting. Explain the dual aspect concept of
accounting.
2. Answer any one of the following
questions in about 40-60 words.
(a) Which branch of Accounting
ascertains profit earned or loss incurred during a period. Explain that branch.
(b) Which Accounting concept states
that all assets are recorded in the books of accounts at their cost price?
Explain the concept.
3. Answer any one of the following
questions in about 40-60 words.
(a) Mr Deepak is a businessman. He
records all the receipts and payments in his notebook. At the end of the month,
he wants to calculate the balance of cash in the notebook. His friend suggests
him to maintain a separate book to record these items of receipts and payments.
In this context, explain the concept of cash book.
(b) What do you understand by
adjusting entry? Give an example.
4. Answer any one of the following
questions in about 100 to 150 words.
(a) On December 31, 2020, the cash
book of the M/s. Nadeem enterprises shows the credit balance Rs. 8,700. Cheques
amounting to Rs. 2,500 deposited into the bank but were not collected by the
bank. Firm issued cheques of Rs. 2,000 which were not presented for payment.
There was a debit in the pass book of Rs. 350 for interest and Rs. 250 for bank
charges. Prepare Bank Reconciliation Statement.
(b) Explain the insolvency of the
acceptor. Also, discuss the entries relating to it in the books of drawer and
drawee.
5. Answer any one of the following
questions in about 100 to 150 words.
(a) Rectify the following errors:
(i) Goods purchased on credit for
Rs. 10,200 not recorded in the Purchases Book.
(ii) Purchase Returns Book is
overcast by Rs 1,500.
(iii) Sales to Reena for Rs. 4,400
(iv) Cash received from Abhishek Rs.
2,000 was not entered in the books.
(b) Your friend is interested in
sourcing an accounting software. Suggest him the factors that he should
consider before sourcing accounting software
6.Prepare any one project out of the
given below:
(a) Record the following transactions
in a Simple Cash Book of M/s Akshit & Co.
(b) Mr Raj wants to check the
accuracy of posting various transactions in the ledger. His
friend suggested him to prepare the trial balance. What are the various steps
he should
keep in mind for preparing the trial balance?
If you Need
TMA answer Please Get in touch with us for order. We are a group of
professional willing to help professional students, who generally fighting with
time to prepare for further studies.
DOWNLOAD NIOS SOLVED ASSIGNMENT 2021-22
IN PDF CLICK HERE
ORDER NIOS HANDWRITTEN SOLVED
ASSIGNMENT -CLICK HERE
Growth Education Points (CSC Center)
Mr. Santosh Kumar
Contacts –9582489391,
09716138286 (Join WhatsAap)
Email
Id-grotheducationpoints@gmail.com
Website :
www.growtheducationpoints.com
All India Services &
other Country
