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NMIMS University for December 2020 batch.
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NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course:
Financial Accounting & Analysis
Internal Assignment Applicable for December 2020 Examination
1.
Karagiri is a Pune based startup
that works with 800 families across India. The startup is in the business of
handloom saris. They converted the pandemic period in to an opportunity. The business owners realized that accounting
is essential to permit informed
judgements and decisions by the user of accounts. In the light of given
definition
of accounting, discuss about users and
uses of accounting information
(10 Marks)
2.
Mr. Kohli is planning to invest
in the share market. He wants to study the Balance Sheet of Amul Industries. He
wants your guidance in finding the various elements of
the Balance Sheet of Amul Industries. Kindly discuss the same (10 Marks)
3. Discuss for question (a) and (b)
- Define
and identify the type of Income / Expenses
-
Treatment of the Income /
Expenses in the Profit and Loss account, Impact of the Income / Expenses in the
Balance Sheet
a.
You purchased 10 shares of L&
T Company last year. On 5t h company has declared a dividend Rs 50 per share. The income is
collected in your account during this financial year.
March 2019, the earned but not yet
(5 Marks)
b.
On 5t h March 2019, Mehta Brothers
received 100% advance for goods, to be supplied in the next month. The Cost of
the goods was Rs50000. They usually sells the goods at
10% mark up. (5 Marks)
**********
Dear students, get fully solved assignments of
NMIMS University for December 2020 batch.
Do send your query at:
Call us at: 08263069601
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