IGNOU BCOC-137 December 2025 Previous Year Question Paper

Q1.(a) Explain the concept of company accounts and their importance in corporate financial management. 10

(b) Critically evaluate the motivations behind companies opting for share buyback programmes.

Q2.Shri Ram Ltd. having sufficient balance in Profit & Loss A/e decided the following scheme : 20 @ To redeem 10000, 10% redeemable preference shares of = 100 each fully paid at a premium of 10%.

(9) To apply resultant reserve fund in paying the unissued shares of the company distributed as fully paid equity shares of 100 each as a bonus to its members. Pass the necessary Journal Entries.

Q3.Discuss in detail the components of Trading Account and Profit & Loss Account. How do these accounts help in assessing the operational performance of a company ? Provide examples to illustrate your answer.

Q4.Calculate cash flow from the following data by direct method : 20 Cash Sales 6,00,000 Cash Purchases 3,00,000 Royalties Received 25,000 Commission Paid 15,000 Rent Paid 12,000 Tax Paid 33,000 Tax Refund Received 13,000 Received from Debtors 15,000 Paid to Creditors 5,000 Salaries Paid 30,000 Manufacturing Expenses Paid 10,000 Office Expenses Paid 8,000 Claim for Tsunami Loss 35,0

(00)

Q5.Define goodwill. Discuss its importance in the valuation of a business. Explain the different methods used for valuing goodwill.

Q6.Critically evaluate the suitability of each method in different business scenarios, providing examples to support your arguments.

Q7.The following is the Balance Sheet of Rani Ltd. and Sita Ltd. as on 31st March, 2024 : Liabilities Rani | Sita Share Capital (Shares of 10 each) | 4,00,000 | 3,00,000 Reserves 1,00,000 50,000 Profit & Loss A/c 1,00,000 60,000 Creditors 2,00,000 | 1,00,000 Rani Sita Assets Sundry Assets 5,40,000 | 5,00,000 Investments (In 70% shares of Sita Ltd.) 2,60,000 - Preliminary Expenses - 10,000 On 31st March, 2024 the fixed assets of Sita Ltd. were revalued at = 5,50,000. Prepare a Consolidated Balance Sheet as on 31st March, 2024.

Q8.Define amalgamation of companies. Explain its significance in corporate restructuring.

Q9.Discuss the different types of amalgamation and their respective implications for the amalgamating companies.

Q10.What do you mean by Non-Performing Assets (NPAs) ? Identify the main reasons for growing NPAs. Explain the recovery mechanism of NPAs.

Q11.Answer the following :

(a) Discuss the structure of Balance Sheet of non-banking companies. 10

(b) Write an explanatory note on the structure of Indian Commercial Banks.