• Home   /  
  • Archive by category "1"

Aiou Free Solved Assignments Spring 2013 Code 444

Course CodeDateLastModifiedDownload
0114Thursday, November 2, 2017
0133Wednesday, November 1, 2017
0136Wednesday, November 1, 2017
0137Wednesday, November 1, 2017
0185Wednesday, November 1, 2017
0187Wednesday, November 1, 2017
0190Wednesday, November 1, 2017
0191Wednesday, November 1, 2017
0193Wednesday, November 1, 2017
0402Thursday, November 2, 2017
0404Friday, November 3, 2017
0405Thursday, November 2, 2017
0406Friday, November 3, 2017
0407Monday, February 12, 2018
0408Friday, November 3, 2017
0409Thursday, November 2, 2017
0411Monday, February 12, 2018
0412Monday, February 12, 2018
0413Thursday, December 28, 2017
0414Monday, February 12, 2018
0416Friday, November 3, 2017
0417Friday, November 3, 2017
0418Friday, November 3, 2017
0419Thursday, November 2, 2017
0422Friday, November 3, 2017
0423Friday, November 3, 2017
0426Monday, February 12, 2018
0427Friday, November 3, 2017
0429Friday, November 3, 2017
0430Friday, November 3, 2017
0431Friday, November 3, 2017
0433Thursday, November 2, 2017
0434Thursday, November 2, 2017
0436Friday, November 3, 2017
0437Thursday, November 2, 2017
0438Thursday, November 2, 2017
0439Wednesday, November 1, 2017
0444Thursday, November 2, 2017
0445Friday, November 3, 2017
0447Wednesday, November 1, 2017
0449Friday, November 3, 2017
0451Friday, November 3, 2017
0452Friday, November 3, 2017
0453Friday, November 3, 2017
0454Friday, November 3, 2017
0455Friday, November 3, 2017
0456Thursday, November 2, 2017
0458Monday, February 12, 2018
0460Thursday, November 2, 2017
0461Friday, November 3, 2017
0462Thursday, November 2, 2017
0463Thursday, November 2, 2017
0464Thursday, November 2, 2017
0465Monday, February 12, 2018
0466Friday, November 3, 2017
0467Friday, November 3, 2017
0470Thursday, November 2, 2017
0472Monday, February 12, 2018
0473Thursday, November 2, 2017
0474Thursday, November 2, 2017
0475Thursday, November 2, 2017
0476Thursday, November 2, 2017
0481Thursday, November 2, 2017
0482Monday, February 12, 2018
0484Friday, November 3, 2017
0485Friday, November 3, 2017
0487Friday, November 3, 2017
0512Friday, November 3, 2017
0513Friday, November 3, 2017
0514Friday, November 3, 2017
0517Friday, November 3, 2017
0518Friday, November 3, 2017
0519Thursday, November 2, 2017
0520Friday, November 3, 2017
0604Friday, November 3, 2017
0605Friday, November 3, 2017
0606Friday, November 3, 2017
0607Friday, November 3, 2017
0613Friday, November 3, 2017
0614Friday, November 3, 2017
0615Friday, November 3, 2017
0616Friday, November 3, 2017
0617Friday, November 3, 2017
0618Friday, November 3, 2017
0619Friday, November 3, 2017
0620Friday, November 3, 2017
0631Friday, November 3, 2017
0632Friday, November 3, 2017
0633Friday, November 3, 2017
0634Thursday, November 2, 2017
0638Friday, November 3, 2017
0651Wednesday, November 1, 2017
0652Friday, November 3, 2017
0653Wednesday, February 21, 2018
0654Friday, November 3, 2017
0656Friday, November 3, 2017
0657Friday, November 3, 2017
0658Friday, November 3, 2017
0661Friday, November 3, 2017
1421Thursday, November 2, 2017
1422Friday, November 3, 2017
1423Thursday, November 2, 2017
1424Thursday, November 2, 2017
1425Thursday, November 2, 2017
1426Thursday, November 2, 2017
1429Thursday, November 2, 2017
1430Thursday, November 2, 2017
1431Thursday, November 2, 2017
1655Thursday, November 2, 2017
1659Friday, November 3, 2017
2600Friday, November 3, 2017
2601Friday, November 3, 2017
2602Friday, November 3, 2017
2603Friday, November 3, 2017
2604Friday, November 3, 2017
2606Thursday, November 2, 2017
2607Thursday, November 2, 2017
3400-1431Friday, November 3, 2017
3400Wednesday, November 1, 2017
3401Thursday, November 2, 2017
3404Thursday, November 2, 2017
3406Thursday, November 2, 2017
3407Thursday, November 2, 2017
3409Thursday, November 2, 2017
3410Thursday, November 2, 2017
3411Thursday, November 2, 2017
3414Friday, November 3, 2017
3415Thursday, November 2, 2017
3437Thursday, November 2, 2017
3439-903Thursday, November 2, 2017
3444Thursday, November 2, 2017
3447Thursday, November 2, 2017
3456Thursday, November 2, 2017
3461Thursday, November 2, 2017
3464Thursday, November 2, 2017
3465Thursday, November 2, 2017
3466Thursday, November 2, 2017
3476Thursday, November 2, 2017
3484Friday, November 3, 2017
5401Thursday, November 2, 2017
5402Thursday, November 2, 2017
5403Friday, November 3, 2017
5404Thursday, November 2, 2017
5406Thursday, November 2, 2017
5407Thursday, November 2, 2017
5409Thursday, November 2, 2017
5410Thursday, November 2, 2017
5411Thursday, November 2, 2017
5412Thursday, November 2, 2017
5413Thursday, November 2, 2017
5414Thursday, November 2, 2017
5415Friday, November 3, 2017
5416Thursday, November 2, 2017
5436Thursday, November 2, 2017
5437Thursday, November 2, 2017
5438Friday, November 3, 2017
6400Thursday, November 2, 2017
6401Friday, December 29, 2017
6402Friday, November 3, 2017
6403Monday, February 12, 2018
6404Friday, November 3, 2017
6405Friday, November 3, 2017
6406Friday, November 3, 2017
6407Friday, November 3, 2017
6408Friday, November 3, 2017
6409Friday, November 3, 2017
6410Monday, February 12, 2018
6416Friday, November 3, 2017
6465Thursday, November 2, 2017
6466Friday, November 3, 2017
6468Thursday, November 2, 2017
6469Thursday, November 2, 2017
6473Thursday, November 2, 2017
6474Thursday, November 2, 2017
8401Thursday, November 2, 2017
8402Thursday, November 2, 2017
8403Thursday, November 2, 2017
8601Thursday, November 2, 2017
8602Friday, November 3, 2017
8603Friday, November 3, 2017
8604Friday, November 3, 2017
8605Thursday, November 2, 2017
8606Friday, November 3, 2017
8609Friday, November 3, 2017
8610Friday, November 3, 2017
8611Friday, November 3, 2017
8612Friday, November 3, 2017
8614Thursday, November 2, 2017
8615Thursday, November 2, 2017
8616Thursday, November 2, 2017
8617Thursday, November 2, 2017
8618Thursday, November 2, 2017
8619Friday, November 3, 2017
8620Friday, November 3, 2017
8621Friday, November 3, 2017
8622Friday, November 3, 2017
8623Friday, November 3, 2017
8624Friday, November 3, 2017
8625Friday, November 3, 2017
8626Friday, November 3, 2017
8627Friday, November 3, 2017
8629Friday, November 3, 2017
8638Thursday, November 2, 2017
9401Friday, November 3, 2017
9402Friday, November 3, 2017
9404Friday, November 3, 2017
9407Thursday, November 2, 2017
9408Thursday, November 2, 2017
9409Thursday, November 2, 2017
9410Thursday, November 2, 2017
9412Thursday, November 2, 2017

AIOU Solved Assignment 1 Code 444 Spring 2017 for B.com is totally ready and uploaded. The B.com level students who are in third semester and need the aiou solved assignment 1 code 444 spring 2017. For all these students we have upload this assignment. In the  previous semesters we have also uploaded the solved assignment for the code 444. So to maintain this routine we have upload the aiou solved assignment 1 code 444 spring 2017.

AIOU Solved Assignment 1 Code 444 Spring 2017 B.COM

Q 1:  What is the difference between shares and debentures? Also, explain in detail the various types of shares and debentures, which may be issued by a Joint Stock Company.

Answer.    Definition:Justice Farewellas defined share in the following word,

“A share is the interest of the shareholder in the company; it is measured by the sum of money for the purpose of liability in the first place and of interest (dividend) in this condolencea company’s capital is divided into a number of equal parts called as a share”.

Nature of Share:

  1. The share of a company shall be movable property. It is transferable in the manner provided by the article of the company.
  2. The share capital no n refund able except in the case of winding up and reduction of capital.
  3. c. Each share in a company shall have distinctive numb

Class of Share:

Beforepassingofthecompanyordinance1948, accompany use to issue three types of shares.

  1. Ordinary Share.
  2. Preference Share.
  3. Deferred Share.

AIOU Solved Assignment 1 Code 444 Spring 2017 B A

The company’s ordinance no wallows the company to issue only one type of shares normally ordinary shares.

  • Ordinary Share: Are also called Equity Sh The holders of ordinary or Equity Shares are the real owners of the company .The ordinary shareholders have voting rights in the meetings of the company, they are entitled and receive dividend and are declared by the board of directors.The Equity Share capital cannot be redeemed during the life of the company.
  1. Preference Share: As the name suggest have certain preference on other types of shares. The preferences are as under.
  2. The first preference is for payment of dividend first paid to preference shareholder.
  3. In case of winding up the company, the preference shareholders have prior right in regard to repayment of capital.
  4. c. A fix rate of dividend is paid on preference share capital.
  5. Deferred Share: Is also called Founder’s Share we refuse to be issued to the promoters of the claims of all other shareholders had been not the deferred shareholders.

Definition:The Company’s Ordinance explains debentures in the following words; “Debentures includes Debenture Stock, bonds, terms, Finance Certificate(T.F.C)and any other security other then the share of a company with constituting a charge on the assets on the company or not.

A company may raise part of its capital by obtaining loans in the form of debentures. Debenture means too we a debt, “debenture is a security issues or allotted to the interest under the seal of the company who become creditors of the company”. A debenture may therefore be defined as a document issued by the company as an evidence of its debts .It contains a contract of the repayment of the principle sum of the interest at a specified date to the debenture holder.

Kinds of Debentures:

The debentures can be classified   of their issue by the company.

  1. Ordinary or Naked Debentures: The debentures, which are issued without any security for re payment, are known as Ordinary or Naked Debentures.
  2. Mortgage Debentures: Mortgage Debenture is one, which is secured by a mortgage

On the real property of thecompany.

  1. Redeemable Debentures: The debentures, which are re payable at the state time ,arecalled Redeemable Debentures.
  2. Irredeemable Debenture: A debenture, which is not payable during the life time of the issuing company, is called Irredeemable Debenture.
  3. Registered Debentures: A Registered Debenture id issued in the name of owner of

The debenture.

  1. Bearer Debentures: The Bearer Debentures, which does not show the name of owner the Bond.
  2. Equipment Trust Debenture: The debentures, which are issued of raise funds for

The purchase of new equipment of a business is called Equipment trust Debenture.

  1. Convertible Debentures: In certain cases, the company allows the debentures holders to count their debentures for the share of the company.


1.  Share Capital:     The company’s ordinance defines shares as   a share incapital of the company.A debenture is a certificate in datedness

Issued under the scale of the company.

2. Rights: The shareholder receives dividends when the   company earns theprofit.  They   suffer   financially when itsuffers losses.The right of debenture is to receive money at a fixed rate of interest. They can earn whit the profit or loss of company.
3. Voting: A shareholder is entitled to vote at the company’s general meeting.The debenture holder has no rights of voting at any meeting of the company.
4. Owner of the Company: The share holders except the Preference Shareholders are the owner of the company.The debentures are the creditors of the company and as   such they have no   claim on   the ownership of the company.
5. Return of the Capital: The shareholders are allowed to sale the share a will to other person but they are not paid back capital.The company gives an undertaking to pay back the capital along with the interest a stated time to the debenture.
6.  Management:     The shareholder manages the offers of the company through the created representatives called Board of Directors.The   debenture holders are   not entitled tointerfere in the management and the administration of the company as they are not the owner of the company.
7. Payment at the Winding up: In case the company is wind up the shareholder has a secondary claim of the return of money on the purchased shares.On winding up   of   the company, the   first propriety is to pay back the money to the debentureholder.
8. Islamic Sprits: The dividend paid to the shareholders depends upon the profit of the company. There are no fix errata of return on the shares of the company. Asmuch theyare Islamic in character.The company has to pay fix errata of interest to the bondholders whether the company makesany, which is basically against the Islam.

Redemption of Debentures means to discharge the liability on account of debenture. Debentures may be redeemed out of profit, out of capital or out of provision made for redemption. A company can redeemed its debenture by any of the following method.


Answer (a): Debenture-Definition:

Debenture is a type of debt instrument that is not secured by physical assets or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer. Both corporations and governments frequently issue this type of bond in order to secure capital. Like other types of bonds, debentures are documented in an indenture.

ABOUT AIOU Solved Assignment 1 Code 444 Spring 2017 FINE MORE


The holder of shares is known as shareholderthe holder of debentures is known as debenture holder
Debenture is the debt of the companyShare is the capital of the company
, debentures represent indebtedness of the companyThe shares represent ownership of the shareholders in the company
the income earned on debentures is interest.The income earned on shares is dividend
debentures are convertibleShares cannot be converted
Conversely, security charge is created for the payment of debentures.There is no security charge created for payment of shares
security charge is created for the payment of debenturesTrust deed is not executed in case of shares
Debentures can be issued at discount without any legal compliance.Shares are issued at discount subject to some legal compliance


Types of shares

A company may have many different of shares that come with different conditions and rights.

AIOU Solved Assignment 1 Code 444 Spring 2017 Types of Shares

There are four main types of shares

  • Ordinary shares are standard shares with no special rights or restrictions. They have the potential to give the highest financial gains, but also have the highest risk. Ordinary shareholders are the last to be paid if the company is wound up.
  • Preference shares typically carry a right that gives the holder preferential treatment when annual dividends are distributed to shareholders. Shares in this category receive a fixed dividend, which means that a shareholder would not benefit from an increase in the business’ profits. However, usually they have rights to their dividend ahead of ordinary shareholders if the business is in trouble. Also, where a business is wound up, they are likely to be repaid the par or nominal value of shares ahead of ordinary shareholders.
  • Cumulative preference shares give holders the right that, if a dividend cannot be paid one year, it will be carried forward to successive years. Dividends on cumulative preference shares must be paid, despite the earning levels of the business, provided the company has distributable profits.
  • Redeemable shares come with an agreement that the company can buy them back at a future date – this can be at a fixed date or at the choice of the business. A company cannot issue only redeemable shares.
  • Types Of Debentures
  • The major types of debentures are as follows:Types Of Debentures On The Basis Of Record Point Of Viewa. Registered Debentures
    These are the debentures that are registered with the company. The amount of such debentures is payable only to those debenture holders whose name appears in the register of the company.b. Bearer Debentures
    These are the debentures which are not recorded in a register of the company. Such debentures are transferable merely by delivery. Holder of bearer debentures is entitled to get the interest.

    2. Types Of Debentures On The Basis Of Security

    a. Secured Or Mortgage Debentures
    These are the debentures that are secured by a charge on the assets of the company. These are also called mortgage debentures. The holders of secured debentures have the right to recover their principal amount with the unpaid amount of interest on such debentures out of the assets mortgaged by the company.

    b. Unsecured Debentures
    Debentures which do not carry any security with regard to the principal amount or unpaid interest are unsecured debentures. These are also called simple debentures.


    AIOU Solved Assignment 1 Code 444 Spring 2017 Debentures Type

  • 3. Types Of Debentures On The Basis Of Redemption

    a. Redeemable Debentures
    These are the debentures which are issued for a fixed period. The principal amount of such debentures is paid off to the holders on the expiry of such period. These debentures can be redeemed by annual drawings or by purchasing from the open market.

    b. Non-redeemable Debentures
    These are the debentures which are not redeemed in the life time of the company. Such debentures are paid back only when the company goes to liquidation.



  • 4. Types Of Debentures On The Basis Of Convertibility

    a. Convertible Debentures
    These are the debentures that can be converted into shares of the company on the expiry of pre-decided period. The terms and conditions of conversion are generally announced at the time of issue of debentures.

    b. Non-convertible Debentures
    The holders of such debentures can not convert their debentures into the shares of the company.

    5. Types Of Debentures On The Basis Of Priority

    a. First Debentures
    These debentures are redeemed before other debentures.

    b. Second Debentures
    These debentures are redeemed after the redemption of first debentures.

AIOU Solved Assignment 1 Code 444 Spring 2017 continue

Q #2 Ayala Corporation opens a branch at Multan on IST January, 2016Book of ayala corporation Multan branch a/c for the year ended 31st 2016


Goods sent to Multan branch (invoice price) 30937Cash sales


Closing balance




Less: goods returnedStocks 57750
By the branch (invoice prince) 10500298875Petty cash 62558375
Cash sent to branch for exp41250Debtors27500


Stock reverse (57750 *1/5)Goods sent to branch
General profit and less account2975298875*1/559775

Branch debtors Account

Balance b/d             –cash105875
Sale (credit)134750Discount1375
Balance c/d27500


Q#3 tanvir and zaheer entered into a joint venture to construct a building for a contract price of rs. 4000000. They agreed to share profits………….


Joint venture account

Joint book accountRsRs

Miscellaneous exp



Zaheer (taken over of various items)16800
Wages25400Joint bank account4000000
Supervisors19800Contact price
Building pass fit8700
Tanvir 1398040

Zaheer 599160


AIOU Solved Assignment 1 Code 444 Spring 2017Join Bank Account

Joint bank account

Tanvir (contribution)

Zaheer (contribution)



Joint ventures

(payment of cost)

Joint venture131400Tanvir on (ventures completion)1498240
Joint venture

(recipt of contact

4000000Zaheer (on venture completion)702360
Building passed fit8700

Zaheer account


Joint venture


16800Cash (contribution)120000
Joint venture

(on venture completion)

702360Joint venture( profit )599160


Tanvir account

Supervisor (paid)19800Cash (contribution)120000
Joint venture

(on venture completion)

1498140Joint venture( profit )1398040



سوال نمبر 4 اور 5 کے ليے يہاں کلک کريں


IF You Want More Assignments Then SHare It

One thought on “Aiou Free Solved Assignments Spring 2013 Code 444

Leave a comment

L'indirizzo email non verrà pubblicato. I campi obbligatori sono contrassegnati *