IGNOU PCO 1 SOLVED ASSIGNMENT
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PCO 1: Preparatory Course in Commerce
| Title Name | IGNOU PCO 1 SOLVED ASSIGNMENT |
|---|---|
| Type | Soft Copy (E-Assignment) .pdf |
| University | IGNOU |
| Degree | BACHELOR DEGREE PROGRAMMES |
| Course Code | BPP |
| Course Name | Bachelor Degree Programmes |
| Subject Code | PCO 1 |
| Subject Name | Preparatory Course in Commerce |
| Year | 2025 2026 |
| Session | - |
| Language | English Medium |
| Assignment Code | PCO 1/Assignment-1/2025 2026 |
| Product Description | Assignment of BPP (Bachelor Degree Programmes) 2025 2026. Latest PCO – 01 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). |
| Format | Ready-to-Print PDF (.soft copy) |
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PCO 1 2025 2026 - English
TUTOR MARKED ASSIGNMENT
Course Code : PCO-01
Course Title : PREPARATORY COURSE IN COMMERCE
Assignment Code : PCO-01/TMA/2025-26
Coverage : All Blocks
Maximum Marks: 100
Q1. Discuss the forms of business organisation.
Q2. Define Accounting. Discuss the need of accounting.
Q3. Mr. Mukesh Rana carries on ready made garments business. A few transactions are given below. Identify the transactions to be recorded in the books of his business.
a) Purchased a typewriter for Rs. 6,000 for ofice use.
b) Sold old domestic furniture for Rs. 500.
c) Purchased cloth for garments for Rs. 10,000.
d) A shirt worth Rs. 250 is taken home for his son.
e) Appointed Satish as an assistant in the shop.
Q4. Differentiate between double entry system and single entry system
Q5. Discuss the classification of accounts with example.
Q6. Journalise the following transactions, post them into ledger and balance the accounts:
1 st April 2022 Ashok commenced business with cash Rs. 1,20,000
3 rd April 2022 Purchased furniture for cash Rs. 24,000
4 th April 2022 Purhased goods from Vijay Rs. 36,000
5 th April 2022 Sold goods Rs. 4,800
7 th April 2022 Paid rent Rs. 3,000
Q7. What is a Bank Reconciliation Statement? Discuss the various causes of disagreement between the balances shown by the cash book and the pass book.
Q8.
(a) Distinguish between the following:
(i) capital receipts and revenue receipts,
(ii) capital profits and revenue profits, and
(iii) capital losses and revenue losses.
(b) What is suspense account? When it is opened?
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