Practical

Paper Code: 
COM 105
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

The objective of this paper is to give the practical knowledge of manual accounting.

10.00
Unit I: 
Accounting & Taxation

Manual Accounting- Journal, Ledger, Subsidiary Books, Trial balance, Final accounts. Bank Reconciliation Statement

10.00
Unit II: 
Business Studies

Every student is required to solve at least 5 cases pertaining to each of the topics of Indian Contract Act, 1872, mentioned hereunder. Topics No. of Cases 1. Classification of contract 2 2. Proposal and Acceptance 2 3. Contractual capacity 2 4. Free Consent 2 5. Consideration 2 6. Legality of object & consideration 2 7. Void agreements 2 8. Contingent contracts 2 9. Performance of contracts 2 10. Discharge of contract 2 11. Remedies of breach of contract 2 12. Quasi contract 2 13. Indemnity 2 14. Guarantee 2 Total cases 28

10.00
Unit III: 
Financial studies

Every student is required to solve the cases on the following topics:
1. Grasping the Basics of Microeconomic Thinking;
2. Theory of Consumer Behavior (Maximizing Satisfaction);
3. Theory of Demand Forecasting;
4. Theory of demand and supply;
5. Theory of Law of Production.