TAMILNADUOPENUNIVERSITY

Chennai - 15
SCHOOL OFSOCIAL SCIENCES.

ASSIGNMENT-1

Programme Code No : 154

Programme Name :B.COM ACCOUNTING AND FINANCE
Course Code & Name :BAF-11 FINANCIAL ACCOUNTING
Batch : AY 2018-19
No. of Assignment : One Assignment for Each 2 Credits
Maximum Marks : 100
Weightage : 25%

PART A (4 x 10 = 40 Marks)

Answer the following in 200 words each. Each question carries 10 marks

1) What is trading account? What purpose does it serve?

tpahghuf; fzf;Fvd;why; vd;d? mJve;jNehf;fj;jpw;fhfg; gad;gLj;jg;gLfpwJ?

2) From the following prepare Income and Expenditure Account for the year ending 31
December 1999 and the Balance Sheet as on that date.

Receipts and Payments Account

Receipts Rs. Payments Rs.

To Balance b/d 250 By Salaries 1,200

To Subscription for By General expenses 300

1998 250 By Electricity 200

1999 1,000 By Books 100

2000 200 1,450 By Newspapers 400

To Sale of old furniture 60 By Postage 50

(Cost Rs.100) By Furniture 250

To Rent Received Balance c/d 500

To Entertainment Gains 400

To Sale of Newspapers 100

3,000 3,000
Additional Information :

(i) The club has 50 members each paying an annual subscription of Rs.25. Subscription
outstanding on 31st December 1998 were Rs.300.

(ii) On December 31, 1999, Salaries outstanding amounted to Rs.100. Salaries paid
included Rs.100 for the year 1998.

iii) On 1.1.1999, the club owned land and buildings valued at Rs.10,000, furniture Rs.600
and Books Rs.500.

(Answer: Capital Fund 11,550; Excess of Income over expenditure 300; Balance
Sheet total 12,150)
fPo;f;fz;ltptuq;fspypUe;J 31 brk;gu; 1999y; KbtilAk; Mz;bw;fhdtuTnryTf;
fzf;Fkw;Wk; ,Ug;Gepiyf; Fwpg;igAk; jahupf;fTk;.

ngWjy; kw;Wk; nrYj;Jjy; fzf;F

ngWjy; & nrYj;Jjy; &
,Ug;GfP/nfh 250 rk;gsk; 1200
re;jhf;fs; nghJr;nryTfs; 300
1998 250 kpd;rhuk; 200
1999 1000 Gj;jfq;fs; 100
2000 200 1450 nra;jpj;jhs;fs; 400
gioakidj;Jizg; jghy; nryT 50
nghUl;fs; tpw;wJ 60 kidj; Jizg; nghUs;fs; 250
(mlf;ftpiy&.100) ,Ug;G 500
miwthliftuT 740
Nfspf;if %yk; yhgk; 400
nra;jpj;jhs; tpw;wJ 100

3000

$Ljy; jfty;fs;

i. me;jf; FO>xt;nthUtUk; &.25 tPjk; Mz;Lr; re;jhtpidr; nrYj;Jk; 50

mq;fj;jpdu;fisg; ngw;wpUf;fpwJ. 1998 brk;gu; 31y; epYitr; re;jh&.300.

ii . 1999>brk;gu; 31y; rk;gsg; ghf;fpj; njhif&.100 MFk;. rk;gsq;fs; nrYj;jpaJ> 1998k;

Mz;bw;fhd&.100 njhifiacs;slf;fpapUf;fpwJ.

iii. 1.1.1999 me;jf; FO &.10000 ngWkhdepyk;>fl;blq;fs;>&.600

ngWkhdkidj;Jizg; nghUl;fs; kw;Wk; &.500 ngWkhdGj;jfq;fs;
nrhe;jkhfitj;jpUf;fpwJ.
 (tpilfs; - Kjy; epjp&.11550>cgup&.300> ,Ug;Gepiyf; Fwpg;Gnkhj;jk; &.12150)

3) What are the different methods of calculating interest in account current?

eilKiwf; fzf;fpy; tl;bfzf;fPLk; Kiwfisg; gw;wptptup?

4) Discuss the principles of allocation of expenses at the time of preparation of final

accounts of departments.

Jiwapd; ,Wjpf; fzf;ifj; jahupf;Fk;NghJnryTfisg; gpupg;gjw;fhdmbg;giliatptup?

Part – B (2 x 30 = 60 Marks)

Answer any two of the questions given below in 1000 words each.

5) From the following find out how much is to be shown in income and expenditure
account for the year ending 31.12.2007 for subscription.

(a) Subscription received during the year as per receipts and payments account
Rs. 28,680.

(b) Subscriptionoutstanding on 1.1.2007 Rs. 2,400.

(c) Subscription outstanding on 31.12.2007 Rs. 3,000.

(d) Subscription received in advance on 1.1.2007 Rs. 1,800

(e) Subscription received in advance on 31.12.2007 Rs. 1,080.

6) The Chennai head office has a branch at Salem to which goods are invoiced at cost
plus 20%. From the following particulars, prepare branch account in the head office
books.
 Rs.
Goods sent to Branch 2,11,872
Total sales 2,06,400
Cash sales 1,10,400
Cash received from branch debtors 88,000
Branch debtors on 1.1.2007 24,000
Branch stock on 1.1.2007 7,680
Branch stock on 31.12.2007 13,440

2,11,872
2,06,400
1,10,400
88,000
24,000
7,680
13,440

7) Explain the various methods of providing depreciation.

 TAMILNADUOPENUNIVERSITY
Chennai - 15
SCHOOL OFSOCIAL SCIENCES.

ASSIGNMENT-2

Programme Code No : 154

Programme Name :B.COM ACCOUNTING AND FINANCE
Course Code & Name :BAF-11 FINANCIAL ACCOUNTING
Batch : AY 2018-19
No.of Assignment : One Assignment for Each 2 Credits
Maximum Marks : 100
Weightage : 25%
Part – A (4 x 10 = 40 Marks)

Answer the following in 200 words each. Each question carries 10 marks

1. A company whose accounting year is the calendar year, purchased on 1-1-93 a machine
for Rs. 40,000. It purchased further machinery on 1 stOctober, 1993 for Rs. 20,000 and
on 1st July, 1994 for Rs. 10,000. On 1-7-95, 1/4thof the machinery installed on 1-1-93
became obsolute and was sold for Rs. 6,800.Provide depreciation at 10% p.a. Show the
machinery account for all the three years under Diminishing Balance method.

2. Manian Ltd., of Calcutta has a branch at Patna. Goods are invoiced to the Patna
branch, the selling price being cost plus 25%. The Patna branch keeps its own sales
ledger and transmits all cash received to Calcutta. All expenses are paid from Calcutta.
From the following details prepare the Patna branch Account for the year 1989.
Rs.
Stock (1.1.89) (Invoice price) 1,250
Stock (31.12.89) (Invoice price) 1,500
Debtors (1.1.89) 700
Debtors (31.12.89) 900
Cash sales for the year 5,400
Credit Sales for the year 3,500
Goods Invoiced from Calcutta 9,100
Rent 400
Wages 340
Sundry expenses 80
 .
(1.1.89) ( ) 1,250
(31.12.89) ( ) 1,500
(1.1.89) 700
(31.12.89) 900
5,400
3,500
9,100
400
340
80

3. Rangan has kept his books under single entry system. His position as on 31-3-94 and
31-3-95 was as follows:
3 1-3-94 3 1-3-95
Rs. Rs.
Cash in hand 1,000 1,500
Cash at bank 15,000 10,000
Stock 1,00,000 70,000
Debtors 42,500 85,000
Furniture 10,000 10,000
Machinery 75,000 75,000
Creditors 1,25,000 1,45,000

During the year 1994-95, he introduced Rs. 25,000 as additional capital and withdrew
Rs. 5,000 per month. Depreciate furniture by 5% and Machinery by 10% per year.
Ascertain profit for the year ended 31-3-95.
 31-3-94 31-3-95
. .
1,000 1,500

15,000 10,000
1,00,000 70,000
42,500 85,000
10,000 10,000
75,000 75,000
1,25,000 1,45,000

4. A fire occurred in the premises of X Ltd. on 10.10.91. All stocks were destroyed except
to the extent of Rs. 6,200. From the following figures, ascertain the loss of stock
suffered by the company:
Rs.
Stock on 1.1.90 40,000
Purchases during 1990 1,45,000
Sales during 1990 2,00,000
Stock on 31.12.90 25,000
Purchases during 1991 upto
the date of fire 1,52,200
Sales during 1991 upto date of fire 1,89,000

.
1.1.90 40,000
1990 1,45,000
1990 2,00,000
31.12.90 25,000
1991 1,52,200
 1991 1,89,000

Part – B (2 x 30 = 60 Marks)

Answer any two of the questions given below in 1000 words each.

5. From the following details, prepare departmental trading accounts.

Department A Department B
Rs. Rs.

Opening stock 9,000 8,400

Total purchases 27,000 21,600

Total sales 42,000 36,000

Closing stock 10,800 4,800

Credit purchases 17,000 10,600

Credit sales 5,000 6,000

A B

9,000 8,400
27,000 21,600
42,000 36,000
10,800 4,800
17,000 10,600
5,000 6,000
6. Mohan’s books, kept on the Single Entry System, reveal the following.

1st January, 2003 31st Dec., 2003

Assets and Liabilities Rs. Rs.

Stock 18,000 17,300

Debtors 16,000 14,800

Bills Receivable 6,200 4,800

Bills Payable 5,000 5,600

Sundry Creditors 10,000 9,300

Cash at Bank 2,500 1,800

Summary of Cash Transactions:

Receipts Rs. Payments Rs.

Opening Balance 2,500 Payment to Creditors 20,000

Received from debtors 35,000 Payment against Bills Payable 15,000

Received against Bills Receivable 15,600 Office Expenses 6,000

Miscellaneous 300 Domestic Expenses 4,000

Investments 6,600

Closing Balance 1,800

53,400 53,400

Investment consisted of 4% Government Bonds of the face value of Rs.8,000 and were
purchased on 1st January, 2003. Prepare Trading and Profit and Loss Account and Balance
Sheet from the above figure.

Nkhfdpd; fzf;NfLfs; xw;iwg;gjpTKiwapd; guhkhpf;fg;gl;Lte;jJ. mtuJepiy

gpd;tUkhW:
nrhj;Jf;fs; kw;Wk; nghWg;Gfs; 2003 2003
1 [dthp 31 brk;gh;
ruf;fpUg;G 18>000 17>300
fldhspfs; 16>000 14>800
ngWtjw;Fhpakhw;Wr;rPl;L 6>200 4>800
nrYj;Jtjw;Fhpakhw;Wr;rPl;L 5>000 5>600
 gw;gyfldPe;Njhh; 10>000 9>300
tq;fpapUg;Gnuhf;fk; 2>500 1>800

nuhf;f VL
ngWjy;fs; &. nrYj;jy;fs; &.
njhlf;f ,Ug;G 2>500 fldPe;Njhhplk; nfhLj;jJ 20>000
fldhspfsplkpUe;Jngw;wJ 35>000 nr.khw;Wr;rPl;LnrYj;jpaJ 15>000
ng.khw;Wr;rPl;Lngw;wJ 15>600 mYtyfr; nryTfs; 6>000
gw;gytuTfs; 300 gw;gynryTfs; 4>000
KjyPLfs; 6>600
,Wjp ,Ug;G 1>800
53>400 53>400
KjyPLfs; %yk; 4 muRgj;jpuq;fs; 6.1.2003y; thq;fpaJ. mjd; Kfkjpg;G&.8>000. tpahghu
,yhgel;lf; f/F kw;Wk; ,Ug;Gepiyf; Fwpg;G 31.12.2003-y; jahhpf;f.

7. Differentiate Joint Venture with Partnership.

,iztdpfj;jpypUe;J $l;Ltdpfj;ijNtWgLj;jpfhl;Lf.
 TAMILNADUOPENUNIVERSITY
Chennai - 15
SCHOOL OFSOCIAL SCIENCES.

ASSIGNMENT-3
0
Programme Code No : 154
Programme Name :B.COM ACCOUNTING AND FINANCE
Course Code & Name :BAF-11 FINANCIAL ACCOUNTING
Batch : AY 2018-19
No.of Assignment : One Assignment for Each 2 Credits
Maximum Marks : 100
Weightage : 25%
Part – A (4 x 10 = 40 Marks)

Answer the following in 200 words each. Each question carries 10 marks
1. Explain Revenue Expenditure and Capital Expenditure.
Kjypdr; nryTkw;Wk; tUthapdr; nryTvd;gJahJ?

2. On 15th June, 1998, the premises and stock of a firm was destroyed by fire but the
accounting records were saved from which the following particulars are available.
Rs.Stock at cost 1st January 1997 73,500
Stock at cost 31st December 1997 81,900
Purchases less returns for the year 1997 3,98,000
Sales less returns for the year 1997 4,87,000
Purchases less returns 1st January 1998 to 15th June, 1998 1,62,000
Sale less returns 1st January 1998 to 15th June, 1998 2,31,200
The stock salvaged was 5,300
Show the amount of the claim.

1998 [{d; 15k; Njjpmd;WjPapdhy; xUepWtdj;jpd; tshfKk; kw;Wk;

ruf;fpUg;Gk;mope;jd. Mdhy;>fzf;fpay; Gj;jfq;fs; kPl;fg;gl;ld.
mjpypUe;JfPo;f;fhZk; tptuq;fs; ngwg;gl;;ld.

&.1997 [dthp 1Mk; Njjpad;Wruf;fpUg;Gmlf;ftpiyapy; 73>500

1997 brk;gh; 31 Mk; Njjpad;Wruf;fpUg;Gmlf;ftpiyapy; 81>900
1997 k; tUlj;jpw;fhdnfhs;Kjy; jpUg;gk; fopj;jJ 3>98>000
1997 k; tUlj;jpw;fhdtpw;gidjpUg;gk; fopj;jJ 4>87>000
1998 [dthp 1 Kjy; 1998 [{d; tiuapyhdnfhs;Kjy; jpUg;gk; fopj;jJ 1>62>000
1998 [dthp 1 Kjy; [{d; 15 tiuapyhdtpw;gidj; jpUg;gk; fopj;jJ 2>31>200
kPl;rpnra;ag;gl;lr; ruf;fpUg;G 5>300
fhg;gPl;LepWtdj;jplkpUe;JNfhUk; Nfl;Ghpikkjpg;igf; fhz;gpf;f.
3. Differentiate Joint Venture with consignment.
,idtpidf;Fk; mDg;gPl;Lf;Fk;cs;sNtWghLfs; ahit?
4. From the following particulars relating to the Patna Branch for the year ending 31 st
December, 1998, show the Patna Branch Account in the Head Office books.
Rs.
Stock at Brach on 1-1-1998 8, 900
Branch Debtors on 1-1-1998 4, 700
Petty Cash at Branch on 1-1-1998 20
Goods sent to Branch during the year 28,400
Cash sales during the year 15,800
Credit sales during the year 40,400
Cash received from debtors 37,900
Cash sent to Branch for expenses
Rent 2,000
Salaries 6,000
Petty Cash 1,000
Stock at Branch on 31-12-1998 5,400
Petty Cash at Branch on 31-12-1998 30
Goods returned by Branch 800.

31. 12. 1998f;Fhpa ghl;dhfpisapd; tpguq;fs; fPNonfhLf;fg;gl;Ls;sd.

,jidf; nfhz;LjiyikafVl;by; ghl;dhfpisf; fzf;fpidj; jahh; nra;f.
&.
fpisr; ruf;fpUg;G 1.1. 98 8>900
fpisf; fldhspfs; 1.1. 9 8 4>700
fpisr; rpy;yiunuhf;fk; 1.1.98 20
fpisf;Fr; ruf;FmDg;gpaJ 28>400
,t;tUlnuhf;ftpw;gid 15>800
,t;tUlfld; tpw;gid40>400
fldhspfsplkpUe;Jngw;wnuhf;fk; 37>900
fpisf;Fnuhf;fk; mDg;gpaJnryTf;fhf
thlif2>000
rk;gsk; 6>000
rpy;yiunuhf;fk;1>000
fpisr; ruf;fpUg;G 31.12.98 5>400
fpisr; rpy;yiunuhf;fk; 31.12.98 30
fpisahy; jpUg;gpmDg;gparuf;F800
 Part – B (2 x 30 = 60 Marks)

Answer any two of the questions given below in 1000 words each.

5) Define Bills of Exchange and bring out the features of it.

khw;Wr;rPl;bd; ,yf;fzj;ijf; $wpmjd; ,ay;Gfistpthp?

6) Senthil sold goods at the value of Rs.4,000 to Kesavan, taking a bill at 3 months
therefore. Senthil discounted the bill at 10% p.a. with his bank. On maturity the bill was
returned by the bank dishonoured with Rs.10 as noting charges. Kesavan paid
Rs.1,000 and the noting charges and gave another bill at 3 months for Rs.3,000 and
10% interest but before maturity he had become bankrupt and ultimately paid to his
creditors 80 paise in the rupee. Pass Journal entries in the books of Senthil.

nre;jpy; vd;gth; NfrtDf;F&.4>000f;F ruf;Ftpw;W>mjw;FmtdplkpUe;J 3

khjfhykhw;Wr;rPl;Lg; ngw;whd;. mjidMz;nlhd;wpw;F 10%y; tq;fpapy; tl;lk;
nra;jhd;. jtizj; Njjpad;Wmk;khw;Wr; rPl;Lmtkjpf;fg;gl;lJ. tq;fpf; Fwpf;iff;
fl;lzk; &.10 nrYj;jpaJ. Fwpf;iff; fl;lzk; &.10 cld; Nfrtd; &.1>000k;
nuhf;fk; nfhLj;J> 3 khjfhyj; jtizf;F&.3>000+10%tl;bf;Fhpakhw;Wr; rPl;bidf;
nfhLj;jhd;. Mdhy; Kjph;Tfhyj;jpw;FKd;Ngmtd; jpthyhfptpl;lhd;. ,Wjpahff;
fldPe;NjhUf;F&gha;f;F 80 igrhnrYj;jpdhd;. nre;jpypd; VLfspy;
Kjw;Fwpg;GgjpTfisAk;>mtDilaNgNul;by; Nfrtdpd; fzf;ifAk; jahhpf;fTk;.

7) From the following prepare an account current as sent by Ashok to Balan on

30.1.1998, charging interest at 15%.

1998 Rs.
January 1 Balance due from Balan 600
January 10 Goods sold to Balan 520
January 17 Balan returned goods 125
February 10 Amount paid by Balan by cheque 400
February 14 Balan accepted Ashok’s bill for one month 300
April 29 Goods sold to Balan 615
May 15 Received cash from Balan 700
June 5 Balan accepted Ashok’s bill for 3 months 500

gpd;tUtdtw;wpypUe;J 1998 [{d; 30 md;WmNrhf; vd;gth; ghyDf;Fmspf;fg;gl

Ntz;baeilKiwfzf;fpid 15%tl;bfzf;fpl;Lj; jahhpf;fTk;.

[dthp 1 ghydplkpUe;JtuNtz;baghf;fp 600

[dthp 10 ghyDf;Fr; ruf;Ftpw;fg;gl;lJ 520
[dthp 17 ghyd; jpUg;gparuf;F 125
gpg;uthp 10 fhNrhiy %yk; ghyd; nrYj;jpaJ 400
gpg;uthp 14 ghyd; Vw;wxUkhjj;jpw;fhdmNrhf;fpd; kh.rPl;L 300
Vg;uy; 29 ghyDf;Ftpw;fg;gl;lruf;Ffs; 615
Nk 15 ghydplkpUe;Jngw;wnuhf;fk; 700
[{d; 5 mNrhf;fpd; 3 khjj;jpw;fhdkh.rPl;bidg; ghyd; Vw;wJ 500
 TAMILNADUOPENUNIVERSITY
Chennai - 15
SCHOOL OFSOCIAL SCIENCES.

ASSIGNMENT-1

Programme Code No :154

Programme Name :B.COM
Course Code & Name :BCO-11 BUSINESS ORGANISATION
Batch : AY 2018-19
No.of Assignment : One Assignment for Each 2 Credits
Maximum Marks : 100
Weightage : 25%

Part – A (4 x 10 = 40 Marks)

Answer the following in 200 words each. Each question carries 10 marks

1. Define a Sole proprietary concern. What are its features?

2. What are the features of partnership?

3. How are directors appointed in a Joint Stock Company?

4. Distinguish between shares and debentures.

Part – B (2 x 30 = 60 Marks)

Answer any two of the questions given below in 1000 words each.

5. Explain different forms of business organization.

6. What is memorandum of association? What are its contents?

7. What is prospectus? Explain its contents and importance.

 TAMILNADUOPENUNIVERSITY
Chennai - 15
SCHOOL OFSOCIAL SCIENCES.

ASSIGNMENT-2

Programme Code No :151

Programme Name :B.COM
Course Code & Name :BCO-11 BUSINESS ORGANISATION
Batch : AY 2018-19
No.of Assignment : One Assignment for Each 2 Credits
Maximum Marks : 100
Weightage : 25%

Part – A (4 x 10 = 40 Marks)

Answer the following in 200 words each. Each question carries 10 marks

1. Define co-operative society. Explain its special features.

2. Explain the different stages of formation of a company.

3. What is Articles of Association? State its contents.

4. Explain the different kinds of shares.

Part – B (2 x 30 = 60 Marks)

Answer any two of the questions given below in 1000 words each.

5. What is resolution? Explain its different kinds.

6. Explain the guidelines prescribed by the Securities and Exchange Board of India for

the issue of Bonus shares.

NkY}jpag; gq;Ffs; ntspapLtjw;Ff; filg;gpbf;fNtz;ba(Securities and

Exchange Board of India)apd; rl;ltpjpKiwfistptup.

7. “The duty of business in a democracy is to follow the social obligations which are defined by
the whole community”.- Discuss.

‘midj;JrKjhaj;jpduhYk; tiuaWf;fg;gl;lr%fNehf;fq;fisg;
gpd;gw;WtNjxUFbahl;rpapy;>tzpfj;jpd; flikahFk;”- tpsf;Ff.
 TAMILNADUOPENUNIVERSITY
Chennai - 15
SCHOOL OFSOCIAL SCIENCES.

ASSIGNMENT-3

Programme Code No :154

Programme Name :B.COM ACCOUNTING AND FINANCE
Course Code & Name :BAF-12 BUSINESS ORGANISATION
Batch : AY 2018-19
No.of Assignment :One Assignment for Each 2 Credits
Maximum Marks : 100
Weightage : 25%

Part – A (4 x 10 = 40 Marks)

Answer the following in 200 words each. Each question carries 10 marks

1) Describe the objectives of business in detail.

njhopypd; Nehf;fq;fistptup.

2) Discuss the advantages and limitations of underwriting.

xg;GWjpapdhy; Vw;gLk; ed;ikfs; kw;Wk; FiwghLfistptup.

3) Define co-operative society. Explain its special features.

4)Explain the different stages of formation of a company.

Part – B (2 x 30 = 60 Marks)

Answer any two of the questions given below in 1000 words each.

5) What is Articles of Association? State its contents.

6) Explain the different kinds of shares.

7) What is resolution? Explain its different kinds.

 TAMILNADUOPENUNIVERSITY
Chennai - 15
SCHOOL OFSOCIAL SCIENCES.

ASSIGNMENT-1

Programme Code No :154

Programme Name :B.COM ACCOUNTING AND FINANCE
Course Code & Name :BAF-13 BUSINESS ECONOMICS
Batch : AY 2018-19
No.of Assignment : One Assignment for Each 2 Credits
Maximum Marks : 100
Weightage : 25%

Part – A (4 x 10 = 40 Marks)

Answer the following in 200 words each. Each question carries 10 marks

1. What do you understand by Industrial policy of the Government? Narrate the

essential components of the Industrial policy of the Government of Tamilnadu.

2. Explain any five classification of cost.

3. Analyse the different classification of economies of scale.

4. Discuss the importance of national income estimates in modern economic analysis.

Part – B (2 x 30 = 60 Marks)

Answer any two of the questions given below in 1000 words each.

5. State the law of diminishing marginal utility with its assumptions and exceptions.

6. Explain the nature and objectives of business economics.

7. ‘‘Business economics is essentially micro economics in character’’– Discuss.

 TAMILNADUOPENUNIVERSITY
Chennai - 15
SCHOOL OFSOCIAL SCIENCES.

ASSIGNMENT-2

Programme Code No :154

Programme Name :B.COM ACCOUNTING AND FINANCE
Course Code & Name :BAF-13 BUSINESS ECONOMICS
Batch : AY 2018-19
No.of Assignment : One Assignment for Each 2 Credits
Maximum Marks : 100
Weightage : 25%

Part – A (4 x 10 = 40 Marks)

Answer the following in 200 words each. Each question carries 10 marks

1) Explain the divisions in Economics?

nghUspapypd; Kf;fpacl;gpupTfistpsf;Ff.
2) Explain the Hicksian concept of consumers surplus.

`pf;rpd; Efu;Nthu; cgupf;Nfhl;ghl;iltpsf;Ff.

3) Explain why the long run average cost curve is U-shaped.
ePz;lfhyruhrupf; nryTf;NfhLVd; ‘U’ tbtj;ijf; nfhz;Ls;sJ.

4) Describes the various types of National Income

gy;NtWNjrpatUkhdtiffistpsf;Ff.

Part – B (2 x 30 = 60 Marks)

Answer any two of the questions given below in 1000 words each.

5) Discuss the merits and demerits of the Law of Diminishing Marginal Utility?

Fiwe;jnry; ,Wjpepiyg; gad;ghl;bd; Fiw>epiwfistpsf;Ff.

6) Explain consumer’s equilibrium through indifference curve analysis.

rkNehf;FtisNfhl;LMa;T %ykhfEfh;Nthh;
rkepiyngWtJFwpj;Jtpsf;Ff.

7)Describe the concept of break-even analysis with suitable diagrams.

cj;jkmsTcw;gj;jp>elg;Gcw;gj;jpMfpatw;iwMuha;f?
 TAMILNADUOPENUNIVERSITY
Chennai - 15
SCHOOL OFSOCIAL SCIENCES.

ASSIGNMENT-3

Programme Code No :154

Programme Name :B.COM ACCOUNTING AND FINANCE
Course Code & Name :BAF-13 BUSINESS ECONOMICS
Batch : AY 2018-19
No.of Assignment : One Assignment for Each 2 Credits
Maximum Marks : 100
Weightage : 25%

Part – A (4 x 10 = 40 Marks)

Answer the following in 200 words each. Each question carries 10 marks

1. Explain the scope and nature of economics.

2. What are the importance of demand forecasting?

3. What do you mean by production function? Explain.

4. Explain the characteristics of Oligopoly.

Part – B (2 x 30 = 60 Marks)

Answer any two of the questions given below in 1000 words each.

5. What are the difficulties of computation of national income?

6. Explain the breakeven point.

7. Explain the Peculiarities of public utilities.