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IGNOU PCO 1 2023 2024 Solution
IGNOU PCO 1 2023 2024 Solution|
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| Title Name | ignou PCO 1 solved assignment 2023 2024 |
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| 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 | 2023 2024 |
| Session | - |
| Language | English Medium |
| Assignment Code | PCO-01/Assignmentt-1//2023-24 |
| Product Description | Assignment of BPP (Bachelor Degree Programmes) 2023-24. Latest PCO 01 2023-24 Solved Assignment Solutions |
| Last Date of IGNOU Assignment Submission | Last Date of Submission of IGNOU PCO-01 (BPP) 2023-24 Assignment is for January 2023 Session: 30th September, 2023 (for December 2023 Term End Exam). Semester Wise January 2023 Session: 30th March, 2024 (for June 2024 Term End Exam). July 2023 Session: 30th September, 2023 (for December 2023 Term End Exam). |
| Assignment Code | PCO 1/2023 2024 |
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Questions Included in this Help Book
Ques 1.
What do you mean by accounting concepts? Briefly explain the accounting concepts which guide the accountant at the recording stage.
Ques 2.
What is Trial Balance? Explain how is it prepared?
Ques 3.
Define a bill of exchange. How does it differ from a promissory note?
Ques 4.
On December 31, 1987, the following balances appeared in the books of Ravi:
| Balance on January 1, 1987 | Rs. |
| Raw Materials | 12,400 |
| Work-in-progress | 10,600 |
| Finished Goods | 24,000 |
| Purchases of Raw Materials | 86,000 |
| Freight Inwards | 3,500 |
| Manufacturing Wages | 36,000 |
| Import Duty | 6,000 |
| Dock Dues | 1,200 |
| Motive Power | 5,000 |
| Oil, Grease, etc. | 300 |
| Factory Insurance | 500 |
| Factory Rent | 12,000 |
| Repairs to Plant and Machinery | 600 |
| Depreciation on Plant and Machinery | 3,000 |
| Sales of Finished Goods | 2,15,000 |
| Sale of Scrap | 2,800 |
| Balance on December 31, 1987 | |
| Raw Materials | 10,800 |
| Work-in-Progress | 9,200 |
| Finished Goods | 32,000 |
Prepare the Manufacturing Account and the Trading Accounting for the year ended December 31, 1987.
Ques 5.
What are one-sided errors? Give five examples. Explain the method of rectifying onesided errors?
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