BCOC 137 Solved Assignment 2021-22

 

BCOC 137 Solved Assignment 2021-22

CORPORATE ACCOUNTING

BCOC 137 Solved Assignment 2021-22 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

PROGRAMME CODE : B.COM

COURSE CODE : BCOC 137

SEMESTER : FOURTH

COURSE TITLE : CORPORATE ACCOUNTING

ASSIGNMENT CODE : BCOC 137/TMA/2021-22

COVERAGE : ALL BLOCKS

Maximum Marks: 100

Note: Attempt all the questions.

Section A

Q.1 Pawan Ltd. had authorized capital of Rs. 5 lakh divided into shares of Rs. 10 each. It purchased a Building from Y for Rs. 2 lakh and issued fully paid shares to Y for purchase consideration. It invited applications for the balance 30,000 shares of Rs. 10 each payable as follow: Rs 3 per share on application, Rs 3 per share on allotment, Rs 2 per share on 1st call and Rs 2 per share on final call. Ashok who had been allotted 500 shares failed to pay both the calls. His shares were forfeited and re-issued at Rs 9 per share to Hari as fully paid up. Make necessary entries in Journal and prepare the opening Balance Sheet of Company.

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Q.2 X Ltd decides to buy back 10% of Rs. 100 crore paid up equity capital. The face value of per equity share is Rs. 10, but the market price is Rs 15 per share. X Ltd took the following steps for the buy back of its shares:

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i) To issue 14 % debentures of Rs. 100 each at par for the face value of Rs. 10 crores.

ii) To utilise the General Reserve.

iii) To sell investment of Rs. 7 crores for Rs 8 crores.

iv) To buy back the shares at the market price.

v) To immediately cancel the shares bought back.

Pass necessary journal entries.

Q.3 X Ltd wants to purchase the business of Y Ltd. Profit of Y Ltd for the past four years were Rs. 35,000 Rs. 60,000, Rs. 50,000 and Rs. 55,000 respectively. You are informed that Rent at Rs. 4000 p.a. and manager salary @ Rs. 2,000 per month which have been charged against profit of Y Ltd. will not be paid by X Ltd. Average capital employed by Y Ltd. was Rs. 6,00,000 and normal rate of return of the same type of business was 10%. Calculate the value of Goodwill by capitalization method.

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Q.4 Capital of Great India Ltd. comprise 1,000 6% participating preference shares of Rs. 100 each and 4000 equity shares of Rs. 100 each fully paid. Preference shares are entitled to participate in profits to the extent of 4% after payment of an equity dividend of 10%. Balance of profit is available for equity shareholders. The Company’s normal profit (Less tax) is Rs 75000. Normal Rate of dividend to this type of Company is 8% on participating preference shares and 10% on equity shares. Determine the value of each type of shares on the basis of Dividend Yield Method.

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Q.5 How will you prepare a Consolidated Balance Sheet in case of partly owned subsidiary company with the help of a suitable example?

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Section B

Q.6 Explain with imaginary figures, how the following items will appear in a company’s balance Sheet?

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i) Share Capital

ii) Fixed Assets

Q.7 How are various activities classified while preparing the Cash Flow Statement?

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Q.8 Briefly explain the methods of internal reconstruction.

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Q.9 Explain the difference between accounting treatment in the nature of merger and in the nature of purchase.

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Q.10 Give journal entries in the books of Transferor Company and the Transferee Company in case of amalgamation.

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Q.11 Give the Proforma of Profit and Loss Account of Banking Company without schedules.

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Section C

Q.12 Explain the slip system of bank Book-keeping. Explain its advantages and disadvantages?

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Q.13 Write short notes on the following:

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a) Non-Performing Assets

b) Commercial Banks

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BCOC 137 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 M.A. (B.COM (CBCS) ASSIGNMENTS

Dear Learner,

You have to submit one assignment in each course, i.e. BCOC 137, BCOC 137 and BCOC 138. 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.

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