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Lnmu Distance Course Assignment Samples

Re: LNMU DDE Assignment

Here I am providing Assignment of B.Com DDE 1st Semester Course of Lalit Narayan Mithila University (LNMU):

Lalit Narayan Mithila University (LNMU) B.Com DDE Assignment (Business Organisation)
1. Business may be owned by an individual or a group of persons. In the light of the above statement enlist different forms of business organizations and explain how they are different from each other. (20)
2. “A business organization requires both long term and short term capital which can either be on the form of ownership capital and borrowed capital.” Comment upon the statement with hypothetical example. (20)
3. What is Foreign Trade? What are Import Trade, Export Trade and Entrepot Trade? Discuss its importance and the related problems in Foreign Trade. (20)
4. Explain the pervasiveness of risks in business. Describe various types of business risks and the steps involved in managing business risk. (20)
5. Write notes on the following:
(a) Instruments of Government Control
(b) Departmental Organization
(c) Features of public institutions
(d) Government companies (4into5)

Lalit Narayan Mithila University (LNMU) B.Com DDE Assignment (Accountancy I)
1. Why is journal sub-divided? Name the special journals generally maintained by the business and state the type of transactions entered in each of them. (20)
2. Why is distinction between capital and revenue important? Give examples to show how wrong classification can affect the ascertainment of profit. (20)
3. Distinguish between normal loss and abnormal loss with examples. What procedure is followed for valuation of closing stock when the abnormal and normal losses occur simultaneously? (20)
4. What is a single entry system? What are its drawbacks? Explain the two methods of ascertaining profit when accounting records are incomplete. (20)
5. Raghav & Sons purchased a car for Rs. 1,00,000 on Ist January, 2012. The car was depreciated at 10% under the w.d.v. method on Ist January, 2015, they wanted to change the method of depreciation from w.d.v. method to straight line method without changing the rate. Show the asset account from 2012 to 2015. (20)

Last edited by pawan; 30th June 2017 at 04:20 PM.

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