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Preparatory Course in Commerce - Assignment 2015-16

Bachelor’s Preparatory Programme (BPP) ASSIGNMENT 2015-16 TUTOR MARKED ASSIGNMENT Course Code: PCO - 01 Course Title: Preparatory Course in Commerce Assignment Code : PCO - 01/TMA/2015-16 Coverage: All Blocks Maximum Marks: 100 Attempt all the questions. 1. What do you mean by business? Explain various forms of business organisation.                                                                                                      (20) 2. (a) What do you understand by ‘Accounting Equation? Give suitable illustrations (b) What is meant by ‘Books of Original Entry’? Discuss the rules of journalizing the business transactions with the help of examples.(10+10) 3. Prepare a Bank Reconciliation Statement from the following particulars on 31st March 2014: Rs. (a) Debit Balance as per bank column of the Cash Book 3,72,000 (b) Cheque issued to creditors, but not yet presented to the bank for payment 72,000 (c) Dividend received by the bank, but not entered in the Cash Book 5,000 (d) Interest ...