Nios Accountancy (320) Tutor Marked Assignment 2021-22 Question paper

Nios Accountancy (320) Tutor Marked Assignment 2021-22 Question paper Get here Best Assignment Answers for Nios Accountancy (320) Tutor Marked Assignment 2021-22 with Project Work. We provide two types of assignment file like In PDF and handwritten copy. You can order any one type of assignment file. Click Here!! contact us -9582489391 or wthatsapp  Accountancy (320) Tutor Marked Assignment 2021-22  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 and subject on the first page of the answer 1. Answer any one of the following questions in about 40-60 words. (a) Your friend anticipates that it may not be possible to collect Rs 47,000 from one of his debtors. Will he record this transaction in the books of accounts and if yes then at what value? (b) Dual aspect is the foundation or basic principle of accounting. Explain the dual aspect concept of accounting. 2. Answer any one of the following questions in about 40-60 words. (a) Which branch of Accounting ascertains profit earned or loss incurred during a period. Explain that branch. (b) Which Accounting concept states that all assets are recorded in the books of accounts at their cost price? Explain the concept. 3. Answer any one of the following questions in about 40-60 words. (a) Mr Deepak is a businessman. He records all the receipts and payments in his notebook. At the end of the month, he wants to calculate the balance of cash in the notebook. His friend suggests him to maintain a separate book to record these items of receipts and payments. In this context, explain the concept of cash book. (b) What do you understand by adjusting entry? Give an example. 4. Answer any one of the following questions in about 100 to 150 words. (a)...