In this article, we will do the Consignment Account Solution of BCOC-131 Financial Accounting Assignment of IGNOU for the year 2021-22.
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Tag: IGNOU
Rectification of Errors Solution
In this article, we will do the Rectification of Errors Solution of BCOC-131 Financial Accounting Assignment of IGNOU for the year 2021-22.
Read MoreJournal | Ledger | Trial Balance Solution
In this article, we will do the Journal, Ledger and Trial Balance Solution of BCOC-131 Financial Accounting Assignment of IGNOU for the year 2021-22.
Read MoreBooks of Accounts Kept by a Company
In this article, we will discuss the Books of Accounts kept by a Company in details as mentioned in the Companies Act.
Read MoreAppointment of an Auditor
In this article, we will discuss the qualifications of an auditor of a company or who can be appointed as a company auditor. We will also discuss the disqualifications of a company auditor.
Read MoreOwning and Maintaining Race-Horses u/s 74 A (3)
In this article, we will discuss what are the provisions relating to carry forward as well as set off of losses from owning and maintaining race-horses u/s 74A(3).
Read MoreDifference between Manual Accounting and Computerised Accounting
In this article, we will discuss what is the ‘Difference between Manual Accounting and Computerised Accounting’. But first we will look at the definition of Manual Accounting and Computerised Accounting.
Read MoreDifference between Member and Shareholder
In this article, we will discuss the ‘Differences between Member and Shareholder’. But first we will discuss the definition of a member which is as follows:
Read MoreIssue of shares (securities) at a premium
In this article, we will discuss what is meant by ‘Issue of shares at a premium’. We will also discuss for what purpose the premium on issue of shares can be used for.
Read MoreProfits in lieu of salary
In this article, we will discuss the items that are treated as ‘Profits in lieu of salary’. ‘Profits in lieu of salary’ are taxable as salary under section 17(1). According to section 17(3), ‘Profits in lieu of salary’ includes the following:
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