Tamil Nadu Open University, B.Com. First Year previous years question papers

Can you please give me the Tamil Nadu Open University, B.Com. First Year previous years question papers as it is very urgent for me?

As you want to get the Tamil Nadu Open University, B.Com. First Year previous years question papers so here is the information of the same for you:

BUSINESS LAWS

PART A — (3 5 = 15 marks)
Answer any THREE questions.
Answer should not exceed 2 pages.
1. What is a contract? Explain.

2. Define ‘offer’. State its essential rules.

3. What do you mean by consideration? Explain.

4. State the differences between fraud and
misrepresentation.

5. What is discharge of contract? Explain.

PART B — (4 15 = 60 marks)
Answer any FOUR questions.
6. Explain the different types of contract.

7. What are the essentials of a valid contract?

8. Who is a minor? Discuss the effects of agreements
made with minors.

9. Who is an agent? What are his rights and duties?

10. Explain about partnership.

11. What are the essentials of sale?

12. What are the rights of an unpaid seller?

BUSINESS ECONOMICS

SECTION A — (3 5 = 15 marks)
Answer any THREE questions.
1. Bring out scope of economics.

2. Distinguish between ‘Micro’ and ‘Macro’ economics.

3. Define ‘Law of Demand’ and Explain.

4. What is an indifference curve?

5. What are the factors of production?

SECTION B — (4 15 = 60 marks)
Answer any FOUR questions.
6. Define the Law of Diminishing utility and illustrate
the concept.

7. What are the methods available for forecasting the
demand for new products?

8. Discuss any one theory of population.

9. What is Marginal cost? Discuss its importances.

10. Define monopoly and explain its features.

11. What are the different pricing policies?

12. Analyse and explain modern theory of wages.
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FINANCIAL ACCOUNTING

SECTION A — (3 5 = 15 marks)
Answer any THREE questions.
1. Explain the objectives of Accounting.

2. What is average due date?

3. What are the limitations of single entry system?

4. Kannan purchased goods from Raman, the due dates
for payment in cash being as follows :
Rs.
March 15 1,000 Due 18th April
April 21 1,500 Due 24th May
April 27 500 Due 30th June
May 15 600 Due 18th July
Raman agreed to draw a bill for the total amount due on
the average due date. Ascertain that date.

5. A company purchased a plant for Rs. 50,000. The
useful life of the plant is 10 years and residual value is

Rs. 10,000. Find out the rate of depreciation under the
straight line method.

SECTION B — (4 15 = 60 marks)
Answer any FOUR questions.
6. Explain the various methods of providing
depreciation.

7. What is average clause in Fire-Insurance?

8. Distinguish between branch accounts and
departmental accounts.

9. A company whose accounting year is the calendar
year, purchased on 1.1.2003 a machine for Rs. 40,000. It
purchased further machinery on 1st October 2003 for

Rs. 20,000 and on 1st July for Rs. 10,000. On 1.7.2005,
1/4th of the machinery installed on 1.1.2003 became
obsolete and was sold for Rs. 6,800.
Show how the machinery account would appear in the
books of the company for all the 3 years under
diminishing balance method. Depreciation is to be
provided at 10% p.a.

10. A fire occurred in the premises of ‘X Ltd’ on
10.10.2001. 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 1.1.2000 40,000
Purchased during 2000 1,45,000
Sales during 2000 2,00,000
Stock on 31.12.200 25,000
Purchases during 2001 upto date of fire 1,52,200
Sales during 2001 upto date of fire 1,89,000

11. The following purchases were made by a business
house having three departments :
Dept. A — 1000 units

Dept. B — 2000 units at a total cost of Rs. 1,00,000
Dept. C — 2400 units
Stocks on 1st January were :
Dept. A — 120 units
Dept. B — 80 units
Dept. C — 152 units
Sales were :
Dept A — 1020 units at Rs. 20 each
Dept B — 1920 units at Rs. 22.50 each
Dept C — 2496 units at Rs. 25 each
The rate of profit is same in each case. Prepare
departmental trading account.

12. P, Q and R are partners in a firm. They share profits
and losses equally. Their Balance Sheet on 31.12.2002 is
given as under :
Liabilities Rs. Assets Rs.
Capitals:P 16,000 Machinery 40,000
R 12,000 Furniture 16,000
Reserve Fund 18,000 Debtors 40,000
Creditors 64,000 Cash at bank 8,000
‘Q’ Capital 6,000
1,10,000 1,10,000
The partnership is dissolved due to insolvency of ‘Q’ who
is unable to contribute anything in the payment of his
debt to the firm. Machinery realised Rs. 30,000 and
furniture Rs. 6,400. Only Rs. 24,000 was recovered from
debtors. Creditors were paid at a discount of 5%.
Prepare the necessary ledger accounts in the books of
the firm when the capitals are fluctuating. Apply
Garner Vs Murray rule.

Contact Details:
Tamil Nadu Open University
No 577, Anna Salai,
Saidapet,
Attucheri,
Nandanam,
Chennai,
Tamil Nadu 600015 ‎
044 2430 6600
India

Map Location:

Hello sir I am doing B.com from Tamil Nadu Open University so I required previous years examination papers of B.com first year so please me the same.

The Tamil Nadu Open University was established to provide educational opportunities to those who cannot do any course on regular basis. The university is affiliated IGNOU.

The University provides a degree course in Commerce stream (B. Com). The course is of duration of three hours.

The eligibility for the course is minimum 10+2 or equivalent. Candidates who do not fulfill this criterion can also do the course if they have attained the age of 18 years.

Paper pattern

Duration of the exam- 3 hours
Maximum marks-75.
Paper consists of two sections. Section A consists of 5 questions of which 3 need to be answered. Each question carries 5 marks.
Section B consists of 7 questions of which 4 are to be answered.
Each question carries 15 marks.

Question Papers of B.Com First year





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