IGNOU SOLVED ASSIGNMENT- 2018-19, ECO – 02: Accountancy-I,
IGNOU SOLVED ASSIGNMENT - 2018 -19, ECO - 02: ACCOUNTANCY - I TUTOR MARKED ASSIGNMENT Course Code : ECO - 02 Course Title : Accountancy-I Assignment Code : ECO – 02/TMA/2018-19 Coverage : All Blocks Maximum Marks: 100 Attempt all the questions. 1. (a) What is Bank Reconciliation Statement? Explain the causes of disagreement in the balances shown by cash Book and Pass Book. (10) ( (b) Why do you maintain bill book separately? State the transactions recorded in Bills Receivable and Bills Payable journals. (10) 2. (a) What is suspense Account? Why is it opened and how is it closed? Explain.