NIOS TMA Accountancy (224) Tutor Marked Assignment 2021
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Check Your Questions Papers and Instructions below: Accountancy (224) Tutor Marked Assignment Session 2020-21 (Accountancy-224)
Max.Marks: 20
Note : (i) All questions are compulsory. The marks allotted for each question are given beside the questions.
(ii) Write your name enrollment numbers, AI name subject on the top of the first page of the answer sheet.
(1) Answer any one of the following questions in about 40-60 words.
(a) Which problems you might face in using accounting?
(b) Should accounting information be considered by investor at the time of investment?
(2) Answer any one out of the following questions in about 40 to 60 words.
(a) You are running a business. Do you record the monetary and non-monetary transactions in accounting during business? Explain this concept with an example.
(b) It is necessary to have some assets to run a business. Explain the different forms of these assets with three examples each.
(3) Answer any one out of the following questions in about 40 to 60 words.
(a) Explain the different forms of vouchers used in recording business transactions during accounting.
(b) Explain any four reasons behind the causes of difference in Cash Book of business and Bank Pass Book at the time of reconciliation.
(4) Answer any one out of the following questions in about 100 to 150 words.
(a) You are an accountant in a business. Journalise the following transactions.
(i) Started business with cash 30,000
(ii) Goods purchased in cash 12,000
(iii) Goods sold to Suresh 10,000
(iv) Stationary purchase 2,000
(b) You have to pay liabilities in a firm. Explain the external and internal liabilities payable in the firm with examples.
(5) Answer any one out of the following questions in about 100 to 150 words.
(a) Ramesh started business with cash of Rs 25,000. Prepare cash book from following transactions
(i) Goods purchased cash 7,000
(ii) Stationary purchased 1,200
(iii) Goods sold cash 5,000
(iv) Salaries paid 1,500
(v) Electric expenses paid 400
(b) You are sales manager in a firm. Prepare a sales books mentioning the four imaginary transactions of sales made by you.
(6) Prepare a project on any one of the following.
(a) Prepare a performa of bank reconciliation statement with imaginary figures.
(b) Prepare a performa of Bank column Cash Book with imaginary figures.
