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| Title Name | IGNOU BFO 12 Solved Assignment 2025 |
|---|---|
| Type | Soft Copy (E-Assignment) .pdf |
| University | IGNOU |
| Degree | BACHELOR DEGREE PROGRAMMES |
| Course Code | BAFSM |
| Course Name | Bachelor of Arts (Facility and Services Management) |
| Subject Code | BFO 12 |
| Subject Name | BASIC ACCOUNTS AND FINANCE |
| Year | 2025 |
| Session | |
| Language | English Medium |
| Assignment Code | BFO-012/Assignmentt-1//2025 |
| Product Description | Assignment of BAFSM (Bachelor of Arts (Facility and Services Management) ) 2025. Latest BFO 012 2025 Solved Assignment Solutions |
| Last Date of IGNOU Assignment Submission | Last Date of Submission of IGNOU BFO-012 (BAFSM) 2025 Assignment is for January 2025 Session: 30th September, 2025 (for December 2025 Term End Exam).Semester WiseJanuary 2025 Session: 30th March, 2025 (for June 2025 Term End Exam).July 2025 Session: 30th September, 2025 (for December 2025 Term End Exam). |
Ques 1.
From the following Trial Balance of Gupta & Sons, prepare Trading and Profit and Loss Account for the year ended December 31, 2018 and a Balance Sheet as on that date.
Trial Balance
| Name of the Account | Debit Balances | Credit Balances |
| Rs. | Rs. | |
| Capital | 5,00,000 | |
| Sales | 10,00,000 | |
| Sales Returns | 25,000 | |
| Purchases | 5,00,000 | |
| Purchases Returns | 15,000 | |
| Inventory as on 1.1.18 | 60,000 | |
| Land & Buildings | 4,00,000 | |
| Plant & Machinery | 3,00,000 | |
| Furniture | 1,00,000 | |
| Wages | 50,000 | 7,000 |
| Carriage Inwards | 10,000 | |
| Provision for Bad Debts | ||
| Carriage Outwards | 5,000 | |
| Cartage | 5,000 | |
| Salaries | 40,000 | |
| Loan | 2,60,000 | |
| Debtors | 1,50,000 | |
| Creditors | 70,000 | |
| Rent | 8,000 | |
| Bills Receivable | 40,000 | |
| Acceptances | 10,000 | |
| General Expenses | 20,000 | |
| Rent & Rates | 10,000 | |
| Investments | 50,000 | |
| Cash in hand | 50,000 | |
| Bank Overdraft | 10,000 | |
| Discount | 4,500 | |
| Bad Debts | 5,000 | |
| Interest on Investments | 5,000 | |
| Interest on Bank Overdraft | 500 | |
| Goodwil | 60,000 | |
| Total | 18,85,000 | 18,85,000 |
Additional Information
1) The value of inventory on December 31, 2018 was Rs. 1,00,000.
2) Depreciation is to be provided on: Land & Building @ 5% p.a. Furniture @ 10% p.a. Plant & Machinery Rs. 50,000.
3) Provision for Bad Debts is to be maintained @ 5% on debtors.
4) Wages are outstanding to the extent of Rs. 4,000 and Salaries to the extent of Rs. 3,000.
5) Rent and Rates are prepaid to the extent of 1/4th of the amount paid.
6) Interest on Investment outstanding is Rs. 1,000.
7) Rent to the extent of Rs. 2,000 has been received in advance.
Ques 2.
Principal of double entry
Ques 3.
Cost of capital
Ques 4.
Operating leverage
Ques 5.
Budgetary control
Ques 6.
Margin of safety
Ques 7.
What is capital structure? What are the major factors determining the capital structure of a company?
Ques 8.
What is budgeting? What are the essentials of establishment of sound system of Budgeting?
Ques 9.
Define a computerised accounting system. Briefly explain its advantages and disadvantages.
Ques 10.
What are the qualitative characteristics of accounting information? Briefly explain.
Ques 11.
Briefly explain the accounting concepts which guide the accountant at the recording stage.
Ques 12.
Fixed Instalment Method and Diminishing Balance Method
Ques 13.
Fixed Assets and Semi-Fixed Assets
Ques 14.
What is ratio analysis? What are its different uses?
Ques 15.
Discuss the challenges faced by the financial manager in India.
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IGNOU BAFSM Assignments Jan - July 2025 - IGNOU University has uploaded its current session Assignment of the BAFSM Programme for the session year 2025. Students of the BAFSM Programme can now download Assignment questions from this page. Candidates have to compulsory download those assignments to get a permit of attending the Term End Exam of the IGNOU BAFSM Programme.
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| Course Name | Bachelor of Arts (Facility and Services Management) |
| Course Code | BAFSM |
| Programm | BACHELOR DEGREE PROGRAMMES Courses |
| Language | English |
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