IGNOU BDP ECO 2 SOLVED ASSIGNMENT

ECO 2 Solved Assignment
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ECO 2: Accountancy-I

Title Name IGNOU BDP ECO 2 SOLVED ASSIGNMENT
Type Soft Copy (E-Assignment) .pdf
University IGNOU
Degree BACHELOR DEGREE PROGRAMMES
Course Code BDP
Course Name Bachelor Degree Programmes
Subject Code ECO 2
Subject Name Accountancy-I
Year 2025 2026
Session -
Language English Medium
Assignment Code ECO 2/Assignment-1/2025 2026
Product Description Assignment of BDP (Bachelor Degree Programmes) 2025 2026. Latest ECO 2 2026 Solved Assignment Solutions
Last Date of IGNOU Assignment Submission Last Date of Submission of IGNOU BEGC-131 (BAG) 2025-26 Assignment is for January 2026 Session: 30th September, 2026 (for December 2025 Term End Exam).

Semester Wise
January 2025 Session: 30th March, 2026 (for June 2026 Term End Exam).
July 2025 Session: 30th September, 2025 (for December 2025 Term End Exam).
FormatReady-to-Print PDF (.soft copy)

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ECO 2 2025 2026 - English

Course Code : ECO-02

Course Title : Accountancy-1

Assignment Number : BCA (II)/02/Assignment/2025-26

Maximum Marks : 100

Weightage : 25%

Last Dates for Submission: 31st October, 2025 (For July Session) 30th April, 2026 (For January Session)

There are five questions in this assignment which carried 100 marks. Answer all the questions. Please go through the guidelines regarding assignments given in the Program Guide for the format of presentation.

Attempt all the questions:

Q1. What is Bank Reconciliation Statement? State the various causes of disagreement between the balance shown by the Cash Book and the Pass Book? Explain how BRS is prepared with an adjusted balance of cash book?

Q2. Give journal entries for the following adjustments and also explain the accounting treatment of these adjustments while preparing the Final Accounts of an Enterprise?

a) Outstanding Expenses Rs. 7000

b) Interest on Capital Rs. 5000

c) Provision for Bad & Doubtful debts Rs. 6000

d) Loss of Goods by theft Rs. 6,000

e) Drawing of Goods by the Proprietor Rs. 11000

Q3. a) "Consignment is the same thing as Sale". Discuss.

b) "Joint Venture is a temporary partnership". Comment and explain how is it different from Partnership.

Q4. Discuss the drawbacks of Single Entry System of Accounting. Explain two methods of ascertaining profit when accounting records are incomplete.

Q5. Differentiate between the following:

a) 'Receipts and Payments Account' and 'Cash Book'

b) 'Income & Expenditure Account' and 'Profit & Loss Account'

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