Curriculum Assignment Solutions
Comprehensive problem sets featuring multi-part subquestions, intermediate working steps, accounting tables, and clean PDF downloads.
2 Verified Assignments
Assignment #1Principles of Accounting II • Class 12
Principles of Accounting Practice Set: Share Allotment & Cost Sheet
Prepare complete journal entries with proper narrations and standard cost sheet formats.
Weightage: 20 MarksSuggested Duration: 60 Mins
Part 1.a (10 Marks)Verified Result ✓
Step-by-Step Solution:
Working Notes:
- •
Result: Net cash collected on allotment = Rs. 460,000
Part 1.b (10 Marks)Verified Result ✓
Step-by-Step Solution:
Working Notes:
- •
Result: Total Sales = Rs. 252,500 (Selling Price per unit = Rs. 126.25)
Assignment #1Principles of Accounting II • Class 12
Comprehensive Corporate Share Capital Practice: Pro-Rata & Forfeiture
Prepare complete Journal Entries in the books of the company following Nepal Accounting Standards format with proper narrations and working notes.
Weightage: 20 MarksSuggested Duration: 45 Mins
Part 1.a (10 Marks)Verified Result ✓
Step-by-Step Solution:
Working Notes:
- •
Result: Share Forfeiture credited with NPR 12,500; Calls-in-Arrears credited with NPR 31,500.
Part 1.b (10 Marks)Verified Result ✓
Step-by-Step Solution:
Result: Transfer to Capital Reserve = NPR 6,375. Un-reissued forfeiture balance = NPR 3,125.