1.The objective of this paper is to give the practical knowledge of manual accounting.
2. To acquaint the students with practical aspects of Micro Economics in business decision making. This course will focus on viewing the social activities of the individual, the business firm and government from a microeconomic perspective.
3.The Objective of this practical is to connect the theoretical concepts and learning to applied aspect of the subject and bridge the gap between theory and real world cases.
Practical contents: Manual Accounting- Journal, Ledger, Subsidiary Books, Trial balance, Final accounts. Bank Reconciliation Statement
Practical Contents: 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
Practical: -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.