IGNOU ECO 14 Solved Assignment English Medium 2022-23

Free ECO 14 Solved Assignment English Medium 2022-23 for July 2022 and January 2023 Session, All IGNOU Assignments (Programme Wise) · Master's Degree Programmes · Bachelor's Degree Programmmes · P.G. Diplomaa Programmes · Diploma Programmes · Certificate Programmes. IGNOU Assignment 2022-23 (UPDATED) Get Here. IGNOU Assignment Status 2022-23, Marks, Grade Card, Practical Submission

E.C.O – 14

ACCOUNTANCY-II ECO 14 Solved Assignment 2022-23

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Attempt all the questions:

1. (a) What is partnership? Define partnership deed.

(b) Hari and Giri entered into partnership contributing capitals of Rs. 60,000 and Rs. 30,000 respectively. They agreed to share profits and losses in the ratio 2: 1. During the year Hari and Giri withdraw Rs. 10,000 and Rs. 6,000, respectively. The profit for the year ended December 31,1989 was Rs. 42,000. Prepare Profit and Loss Appropriation Account taking into consideration the following: i) Hari is to be allowed a salary of Rs. 3,000 p.a. ii) Interest on capitals is to be provided at 5% pp,. iii) Interest on Giri's Loan Account of Rs, 20.000 is to be charged for the whole year. iv) Interest on drawings is to be charged at 6% p.n.

2. What are the special features of the Profit and Loss Account of a Company? What do you understand by Appropriation of Profits. What are the items relevant in that connection?

3. (a) What is Stock Turnover Ratio? What are the implications of high and low stock turnover ratios? Explain with examples.

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(b) What is cash flow statement? What are the various sources and uses of cash? How does it differ from fund flow statement?

4. Describe various provisions of Companies Act that deal with the issue of debentures at a discount. Give accounting treatment of debentures issued as a collateral security by the company.

5. (a) What do you mean by Departmental Accounts? What are the advantages of Departmental Accounts?

(b) What is working capital? What do you understand by gross working capital and net working capital?

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IGNOU ECO 14 Solved Assignment English Medium 2022-23 The Indira Gandhi National Open  University has updated the IGNOU Assignment Status 2022-23 December Session so that students can know if their submission is completed or not. Now if you have also submitted your Assignment/Practical/Project till 15 December 2022 then you must be worried about the Assignment Status and Grade Card. So we decided to come up with https://ignouadmission.samarth.edu.in/ Assignment 2022-23. 

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