ECO 14 Solved Question Paper June 2026 gives you complete, exam-length answers to the IGNOU ECO-14 Accountancy-II term-end paper set in June 2026. Two answers are open on this page: the ratio analysis question for shareholders and the Anupam Ltd. debenture ledger numerical. The other four questions are listed as printed, and their full solutions sit in the paid file on WhatsApp 9899436384.
ECO 14 Accountancy II key facts for the June 2026 solved paper
- Course code: ECO-14 (the Hindi half of the June 2026 paper prints ECO-014)
- Subject: Accountancy-II
- Programme: Bachelor of Commerce (B.Com) under IGNOU's Bachelor's Degree Programme (BDP), Elective Course: Commerce, School of Management Studies
- Credits: 4
- Blocks and units: 5 blocks, 19 units (eGyanKosh)
- Maximum marks: 50 (term-end exam weightage 70%, assignment 30%)
- Duration: 2 hours
- Questions in the June 2026 paper: 6 (attempt 4; Question 1 is compulsory and offers 5 short-note options)
- Solved samples on this page: 2 (Question 2 and Question 5)
- Questions in the paid file: All 6, including the 4 not shown here (Questions 1, 3, 4 and 6)
What the ECO 14 Solved Question Paper June 2026 Covers
ECO 14 Accountancy II is the second accounting course of IGNOU's B.Com under the Bachelor's Degree Programme, covering branch, hire purchase, partnership and company accounts across 5 blocks and 19 units.
The June 2026 paper ran for 2 hours and carried 50 marks. It had 6 questions: Question 1 asked for short notes on any two of five topics (2×7=14 marks), and Questions 2 to 6 carried 12 marks each. Students had to attempt four questions in all, with Question 1 compulsory.
This session leaned towards company accounts. Four of the five long questions sit in Block 4 and Block 5: ratio analysis, company formation with statutory books, a 5-year debenture ledger for Anupam Ltd., and issue of shares at a discount under Section 79. Only one long question, on hire purchase agreements, came from the first three blocks.
Partnership did not get a long question this time, which breaks a pattern seen in every paper we checked from June 2022 to December 2025. It survives only as the short note on Dissolution of Firm. If you prepared partnership goodwill and retirement in depth, this paper rewarded a different set of chapters.
ECO 14 Sample Answers: Ratio Analysis and Debenture Ledgers Solved
Two full answers are shown here, Question 2 (theory, 12 marks) and Question 5 (numerical, 12 marks), so you can judge the length, layout and working before asking for the rest.
We picked one theory answer and one ledger answer on purpose. ECO 14 Accountancy II marks are split between writing and working, and students lose most marks on the numerical side through missing working notes or wrong balances carried down.
Question 2
2. Discuss the uses and limitations of ratio analysis from the point of view of shareholders and investors. (12 marks)
Introduction. Ratio analysis is the technique of expressing one accounting figure in relation to another, so that a company's financial statements can be interpreted rather than just read. A ratio may be stated as a pure ratio (2:1), a percentage (15%) or a number of times (4 times).
For shareholders and prospective investors, ratios turn the balance sheet and the statement of profit and loss into answers to three practical questions: how much is the company earning on my money, how safe is my money, and what is my share really worth?
Uses of ratio analysis for shareholders and investors
1. Measuring return on owners' funds. Return on equity shareholders' funds (profit after tax less preference dividend, divided by equity shareholders' funds, multiplied by 100) shows how well management has used the capital the owners supplied. A return that falls for three or four years is an early warning to review the holding.
2. Earning power per share. Earnings per share (EPS) is profit after tax less preference dividend, divided by the number of equity shares. EPS lets an investor compare companies of very different sizes and check whether growth in total profit is actually reaching each share, or is being diluted by fresh issues.
3. Dividend expectations. Dividend per share, the dividend payout ratio (DPS divided by EPS, multiplied by 100) and the dividend yield (DPS divided by market price, multiplied by 100) tell an income-seeking investor how much profit is distributed and how much is retained for growth.
4. Valuation of shares. The price-earnings ratio (market price per share divided by EPS) shows how many years of current earnings the market is paying for. Book value per share (equity shareholders' funds divided by the number of equity shares) gives a base against which the market price can be compared.
5. Safety of the investment. The debt-equity ratio and the interest coverage ratio (profit before interest and tax divided by interest) show how far the company depends on borrowed funds. Equity holders are paid only after lenders, so heavy borrowing raises the risk to both their dividend and their capital.
6. Short-term financial health. The current ratio and the quick (liquid) ratio show whether current liabilities can be met on time. A liquidity squeeze can stop dividends even in a profitable year, so a careful investor reads these alongside the profit figures.
7. Overall efficiency of management. Return on investment and turnover ratios (stock, debtors and fixed assets) reveal how efficiently all resources are being used. Return on investment is often called the master ratio because it combines the net profit margin with the capital turnover ratio.
8. Trend and inter-firm comparison. Ratios worked out for five years show the direction in which the business is moving. Set beside the ratios of competitors or industry averages, they help an investor choose between two companies in the same sector.
9. Basis for buy, hold or sell decisions. Taken together, these ratios support the decision to buy more shares, hold or sell. Existing shareholders can also use them to question the board on falling returns or rising debt at the annual general meeting.
| Ratio | Formula | What it tells the investor |
|---|---|---|
| Earnings per share | (Profit after tax less preference dividend) ÷ number of equity shares | Profit earned for each equity share |
| Dividend payout ratio | Dividend per share ÷ EPS × 100 | Share of profit paid out rather than retained |
| Dividend yield | Dividend per share ÷ market price per share × 100 | Cash return on the price actually paid |
| Price-earnings ratio | Market price per share ÷ EPS | How richly the market values current earnings |
| Return on equity | (Profit after tax less preference dividend) ÷ equity shareholders' funds × 100 | Return on the owners' own capital |
| Debt-equity ratio | Long-term debt ÷ shareholders' funds | Financial risk standing ahead of the shareholder |
Limitations of ratio analysis for shareholders and investors
1. Based on past data. Ratios are worked out from historical statements, while an investor is buying future earnings. A good ratio last year does not promise the same result next year.
2. Ignores changes in price level. Fixed assets are shown at historical cost, so in a period of inflation a company with old assets shows a higher return on investment than a company that has just bought new plant, even if the second is better run.
3. Different accounting policies. One company may charge depreciation on the straight line method and another on the written down value method; one may value stock on FIFO and another on weighted average. Their ratios are then not truly comparable.
4. Window dressing. Management can improve year-end figures, for example by paying off creditors just before the balance sheet date to lift the current ratio, or by postponing expenses. Ratios computed on such figures mislead the investor.
5. Qualitative factors are left out. Ratios cannot measure the quality of management, labour relations, brand strength, pending litigation or changes in government policy, all of which affect the value of a share.
6. No universal standard. Norms such as a current ratio of 2:1 or a quick ratio of 1:1 are only rules of thumb. What is healthy for a trading company may be weak for a manufacturing or service business.
7. A single ratio can mislead. A high current ratio may simply mean idle stock or slow debtors. Ratios must be read in groups and over several years before a conclusion is drawn.
8. Market-based ratios are volatile. The price-earnings ratio and dividend yield move every day with the share price, which reflects market sentiment as much as the company's actual performance.
9. Only as reliable as the accounts. Errors, weak internal control or deliberate misstatement in the financial statements flow straight into the ratios built on them.
Conclusion. Ratio analysis is a tool, not a verdict. For shareholders and investors it is most useful when ratios are worked out for several years, compared with similar companies, and read alongside the directors' report, the auditor's report and the notes to accounts.
Question 5
5. Anupam Ltd. issued 6,000 10% Debentures of ₹ 200 each at a discount of 5% on January 1, 2019 payable in full in application. One-third of the nominal value of debentures is to be redeemed at the end of the third year and the balance in two equal instalments at the end of the fourth and fifth years respectively. Prepare 10% Debentures Account, Debenture Interest Account and Discount on Issue of Debentures Account for 5 years. (12 marks)
Assumptions. Accounts close on 31 December each year. Interest is paid yearly on 31 December on the debentures outstanding during that year, and tax deducted at source is ignored. Debentures are redeemed at par, as the question states no premium.
Working Note 1: Amount raised. Nominal value = 6,000 × ₹200 = ₹12,00,000. Discount = 5% of ₹12,00,000 = ₹60,000. Cash received on application = 6,000 × ₹190 = ₹11,40,000.
Working Note 2: Redemption schedule. One-third of ₹12,00,000 = ₹4,00,000 redeemed on 31 December 2021. The balance of ₹8,00,000 is redeemed in two equal instalments of ₹4,00,000 on 31 December 2022 and 31 December 2023.
Working Note 3: Interest. 2019, 2020 and 2021: 10% of ₹12,00,000 = ₹1,20,000 a year (redemption falls at the end of 2021). 2022: 10% of ₹8,00,000 = ₹80,000. 2023: 10% of ₹4,00,000 = ₹40,000. Total interest = ₹4,80,000.
Working Note 4: Writing off discount. As debentures are redeemed in instalments, the discount is written off in proportion to the amount outstanding each year: ₹12 lakh, ₹12 lakh, ₹12 lakh, ₹8 lakh and ₹4 lakh, a ratio of 3 : 3 : 3 : 2 : 1 (total 12). ₹60,000 is therefore written off as ₹15,000, ₹15,000, ₹15,000, ₹10,000 and ₹5,000.
| Date | Dr Particulars | ₹ | Date | Cr Particulars | ₹ |
|---|---|---|---|---|---|
| 2019 Dec 31 | To Balance c/d | 12,00,000 | 2019 Jan 1 | By Debenture Application A/c By Discount on Issue of Debentures A/c | 11,40,000 60,000 |
| 12,00,000 | 12,00,000 | ||||
| 2020 Dec 31 | To Balance c/d | 12,00,000 | 2020 Jan 1 | By Balance b/d | 12,00,000 |
| 2021 Dec 31 | To Debentureholders A/c (redemption) To Balance c/d | 4,00,000 8,00,000 | 2021 Jan 1 | By Balance b/d | 12,00,000 |
| 12,00,000 | 12,00,000 | ||||
| 2022 Dec 31 | To Debentureholders A/c (redemption) To Balance c/d | 4,00,000 4,00,000 | 2022 Jan 1 | By Balance b/d | 8,00,000 |
| 8,00,000 | 8,00,000 | ||||
| 2023 Dec 31 | To Debentureholders A/c (redemption) | 4,00,000 | 2023 Jan 1 | By Balance b/d | 4,00,000 |
| Date | Dr Particulars | ₹ | Date | Cr Particulars | ₹ |
|---|---|---|---|---|---|
| 2019 Dec 31 | To Bank A/c | 1,20,000 | 2019 Dec 31 | By Statement of Profit and Loss | 1,20,000 |
| 2020 Dec 31 | To Bank A/c | 1,20,000 | 2020 Dec 31 | By Statement of Profit and Loss | 1,20,000 |
| 2021 Dec 31 | To Bank A/c | 1,20,000 | 2021 Dec 31 | By Statement of Profit and Loss | 1,20,000 |
| 2022 Dec 31 | To Bank A/c | 80,000 | 2022 Dec 31 | By Statement of Profit and Loss | 80,000 |
| 2023 Dec 31 | To Bank A/c | 40,000 | 2023 Dec 31 | By Statement of Profit and Loss | 40,000 |
| Date | Dr Particulars | ₹ | Date | Cr Particulars | ₹ |
|---|---|---|---|---|---|
| 2019 Jan 1 | To 10% Debentures A/c | 60,000 | 2019 Dec 31 | By Statement of Profit and Loss By Balance c/d | 15,000 45,000 |
| 2020 Jan 1 | To Balance b/d | 45,000 | 2020 Dec 31 | By Statement of Profit and Loss By Balance c/d | 15,000 30,000 |
| 2021 Jan 1 | To Balance b/d | 30,000 | 2021 Dec 31 | By Statement of Profit and Loss By Balance c/d | 15,000 15,000 |
| 2022 Jan 1 | To Balance b/d | 15,000 | 2022 Dec 31 | By Statement of Profit and Loss By Balance c/d | 10,000 5,000 |
| 2023 Jan 1 | To Balance b/d | 5,000 | 2023 Dec 31 | By Statement of Profit and Loss | 5,000 |
Check. Total discount written off = ₹15,000 × 3 + ₹10,000 + ₹5,000 = ₹60,000, so the Discount on Issue of Debentures Account closes at nil on 31 December 2023, the same day the last ₹4,00,000 of debentures is redeemed.
Note for the examiner. Under Section 52(2)(c) of the Companies Act, 2013, a securities premium balance can be used to write off discount on issue of debentures. No premium balance is given here, so the discount is charged to the Statement of Profit and Loss. The question does not ask for a Debenture Redemption Reserve, so none is shown.
Questions answered only in the full file
The four questions below are printed exactly as they appear in the June 2026 paper. Their answers are not shown on this page; complete solutions are in the paid file.
- Q1. Write short notes on any two of the following: (2×7=14) (a) Goods in Transit (b) Interest to Vendors (c) Common-size Statements (d) Dissolution of Firm (e) Provision for Taxation
- Q3. Discuss basic steps involved in formation of a company. Specify various statutory books to be maintained by companies. (12)
- Q4. What are the characteristics of a hire purchase agreement? Describe the rights of a hirer under hire purchase agreement. (12)
- Q6. Can a company issue shares at a discount? If so, explain legal provisions relating to issue of shares at a discount under Section 79 of the Companies Act. (12)
Question 6 names Section 79 of the old Companies Act, and Question 1 asks about Interest to Vendors, a Unit 14 topic not set as a short note in any of the 7 earlier papers we checked. These are exactly the answers where a model solution saves the most time.
ECO 14 Accountancy II Syllabus Block by Block
ECO 14 Accountancy II has 5 blocks and 19 units, moving from branch and hire purchase accounts to partnership and then two blocks of company accounts.
The unit titles below are the official eGyanKosh titles. The third column lists topics that IGNOU actually asked from each block in the papers we checked, so you can see which parts of the block carry exam weight. Read the units themselves in the ECO 14 Study Material before you practise the answers.
| Block | Units (eGyanKosh titles) | Topics asked from this block |
|---|---|---|
| Block 1: Branch and Departmental Accounts | Unit 1 Branch Accounts-I; Unit 2 Branch Accounts-II; Unit 3 Departmental Accounts | Stock and debtors system, cash and goods in transit, allocation of common expenses across departments |
| Block 2: Hire Purchase Accounts | Unit 4 Hire Purchase Accounts I; Unit 5 Hire Purchase Accounts II; Unit 6 Hire Purchase Accounts III | Repossession of goods, hire purchase trading account, rights of the hire vendor and the hirer |
| Block 3: Partnership Accounts | Unit 7 General Introduction and Distribution of Profits; Unit 8 Admission of a Partner; Unit 9 Retirement or Death of a Partner; Unit 10 Dissolution of a Partnership Firm | Fixed versus fluctuating capital, goodwill on retirement, order of settlement on dissolution |
| Block 4: Company Accounts-I | Unit 11 General Introduction; Unit 12 Record of Share Capital Transactions; Unit 13 Issue and Redemption of Debentures; Unit 14 Purchase of Business and Profits Prior to Incorporation | Forfeiture and reissue of shares, debentures issued at a discount, interest to vendors and pre-incorporation profit |
| Block 5: Company Accounts-II | Unit 15 Final Accounts-I; Unit 16 Final Accounts-II; Unit 17 Analysis of Financial Statements; Unit 18 Statement of Changes in Financial Position-I; Unit 19 Statement of Changes in Financial Position-II | Preliminary expenses and provision for taxation, ratio analysis and common-size statements, funds flow versus cash flow |
The official course page is on eGyanKosh, ECO-14 Accountancy II, where each unit can be read as a PDF.
ECO 14 June 2026 Paper Pattern and Marks Split
The ECO 14 Question Paper for June 2026 had 6 questions worth 50 marks in 2 hours, and students answered 4: the compulsory short-note question plus any three of the five 12-mark questions.
| Question | Type | Marks | Syllabus area |
|---|---|---|---|
| Q1 | Short notes, any 2 of 5 (compulsory) | 2×7=14 | Blocks 1, 3, 4 and 5 |
| Q2 | Theory: ratio analysis for shareholders | 12 | Unit 17 |
| Q3 | Theory: company formation and statutory books | 12 | Unit 11 |
| Q4 | Theory: hire purchase agreement and hirer's rights | 12 | Units 4 to 6 |
| Q5 | Numerical: debenture ledgers over 5 years | 12 | Unit 13 |
| Q6 | Theory: issue of shares at a discount | 12 | Unit 12 |
A full attempt is therefore 14 + 12 + 12 + 12 = 50 marks. Since June 2025 the short-note question has offered five options with 7 marks each. June 2022 offered any two of four at 7 marks each, while the four papers from December 2022 to June 2024 set three fixed notes split 5, 5, 4. Compare older formats in our IGNOU Previous Year Question Paper collection.
Only one of the six questions in June 2026 was a numerical. Students who are weak at ledgers could clear the paper on theory alone, but Q5 is usually the fastest 12 marks for anyone who has practised the debenture format.
Topics IGNOU Keeps Repeating in ECO 14 Papers
Branch accounts and partner goodwill appeared in all 7 papers we checked, while hire purchase, debentures and share capital transactions each appeared in 6 of 7.
We read every IGNOU ECO 14 Question Paper we could open on webservices.ignou.ac.in and ignou.ac.in: June 2022, December 2022, June 2023, December 2023, June 2024, June 2025 and December 2025. The December 2024 file on ignou.ac.in is a scanned image with no readable text, so it is not counted. The last column shows where each topic turned up in June 2026.
| Topic area | Units | Sessions where it appeared | Count (of 7) | In June 2026 |
|---|---|---|---|---|
| Branch accounts: dependent branch systems, stock and debtors, cash in transit | 1, 2 | Jun 2022, Dec 2022, Jun 2023, Dec 2023, Jun 2024, Jun 2025, Dec 2025 | 7 | Q1(a) Goods in Transit |
| Goodwill and partner changes: admission, retirement, death, capital methods | 7 to 9 | Jun 2022, Dec 2022, Jun 2023, Dec 2023, Jun 2024, Jun 2025, Dec 2025 | 7 | Not asked |
| Hire purchase: agreement, repossession, trading account, rights | 4 to 6 | Jun 2022, Dec 2022, Jun 2023, Dec 2023, Jun 2024, Jun 2025 | 6 | Q4 |
| Debentures: issue at discount, collateral security, conversion, redemption | 13 | Dec 2022, Jun 2023, Dec 2023, Jun 2024, Jun 2025, Dec 2025 | 6 | Q5 |
| Share capital: forfeiture and reissue, buy-back, premium, preference redemption | 12 | Jun 2022, Dec 2022, Jun 2023, Dec 2023, Jun 2024, Dec 2025 | 6 | Q6 |
| Departmental accounts and inter-department transfers | 3 | Jun 2022, Dec 2023, Jun 2025, Dec 2025 | 4 | Not asked |
| Purchase of business, purchase consideration, profit prior to incorporation | 14 | Dec 2023, Jun 2024, Jun 2025, Dec 2025 | 4 | Q1(b) Interest to Vendors |
| Final accounts items: preliminary expenses, provision for taxation | 15, 16 | Dec 2022, Jun 2023, Dec 2025 | 3 | Q1(e) |
| Ratio analysis, return on investment, comparative statements | 17 | Jun 2022, Jun 2023, Dec 2025 | 3 | Q1(c) and Q2 |
| Company features and partnership versus company | 11 | Jun 2022, Dec 2025 | 2 | Q3 |
| Dissolution of a partnership firm | 10 | Dec 2023, Dec 2025 | 2 | Q1(d) |
| Funds flow and cash flow statements | 18, 19 | Jun 2022, Dec 2022 | 2 | Not asked |
Two of the strongest repeaters, partner goodwill and departmental accounts, skipped June 2026 entirely. That makes them likely candidates for the next paper, and they are worth adding to your IGNOU Important Questions list alongside the June 2026 answers.
How Our ECO 14 Answers Are Written and Checked
Each ECO 14 answer is written to the marks printed against it, with working notes for every numerical and a second person checking totals and balances before the file is released.
The answers are written by Prateek Talwar, an Associate Company Secretary (ICSI) with a B.Com from DU SOL, who has counselled IGNOU students since 2016. Company law references, such as Section 52 in the Q5 note, are checked against the Companies Act, 2013 rather than copied from older guides.
Sheetal Kirola, Academic Head at Unnati Educations, reviews every file. For ECO 14 Accountancy II that review covers three things: every ledger balance carried down matches the next year's opening balance, every theory answer covers each part of a split question such as 6+6, and each answer stays within what a 2-hour paper allows.
Theory answers follow the shape IGNOU examiners reward: a short definition, numbered points with a bold lead-in, a formula or example where the topic allows one, and a two-line conclusion. You can see that layout in Question 2 above.
ECO 14 Solved File Index: What Is on This Page and What Is in the File
The ECO 14 file holds all 6 June 2026 questions; 2 are open on this page and 4 are available only in the full file.
| Question | Topic as printed | Unit | Marks | Where to find the answer |
|---|---|---|---|---|
| Q1 | Short notes: Goods in Transit, Interest to Vendors, Common-size Statements, Dissolution of Firm, Provision for Taxation | 2, 14, 17, 10, 15 to 16 | 14 | Full file only |
| Q2 | Uses and limitations of ratio analysis for shareholders and investors | 17 | 12 | On this page |
| Q3 | Steps in formation of a company and statutory books | 11 | 12 | Full file only |
| Q4 | Characteristics of a hire purchase agreement and rights of a hirer | 4 | 12 | Full file only |
| Q5 | Anupam Ltd. debenture, interest and discount accounts for 5 years | 13 | 12 | On this page |
| Q6 | Issue of shares at a discount under Section 79 | 12 | 12 | Full file only |
If you are clearing other B.Com papers in the same session, our BCOM Question Paper section lists the companion courses with the same page layout.
Who Studies ECO 14 Accountancy II in IGNOU
ECO 14 Accountancy II is studied by learners on IGNOU's B.Com under the Bachelor's Degree Programme (BDP), where it is listed as an Elective Course in Commerce offered by the School of Management Studies.
It follows ECO-02 Accountancy-I in the same programme, which covers the basics, and takes them into branch, hire purchase, partnership and company accounts. Papers from June 2022 and June 2023 print the label BDP (B.Com.), while later papers print only Bachelor's Degree Programme (BDP).
ECO 14 belongs to the older IGNOU Bachelor of Commerce (B.Com) structure under BDP, and IGNOU still sets a fresh paper for it every June and December. The assignment carries 30% weightage and must be submitted before you sit the term-end exam.
Get the Full ECO 14 Solved Question Paper on WhatsApp
Send "ECO 14 June 2026" to WhatsApp 9899436384 and our team will share the price and details for the complete file with all 6 questions solved.
The full ECO 14 Solved Question Paper covers the 2 answers shown above plus the 4 that are locked: the five short-note options in Question 1, company formation and statutory books, hire purchase rights of the hirer, and issue of shares at a discount.
Mention your medium and your exam session in the message so we send the right file. The file is a PDF, so you can read it on your phone on the way to the exam centre.
ECO 14 Accountancy II FAQs
These ECO 14 Accountancy II answers cover how to get the full file, the June 2026 exam pattern and the topics IGNOU repeats most.
How do I get the full ECO 14 Accountancy II solved paper on WhatsApp?
Send the message "ECO 14 June 2026" to WhatsApp 9899436384. Our team replies with the price and sends the PDF once you confirm. The file contains all 6 questions from the June 2026 paper with complete answers: the 2 shown on this page and the 4 locked ones, including every short-note option in Question 1. Mention your medium so the correct version reaches you.
Which two ECO 14 June 2026 questions are solved on this page?
Question 2 and Question 5 are solved in full. Question 2 covers the uses and limitations of ratio analysis for shareholders and investors, written as a 12-mark theory answer. Question 5 is the Anupam Ltd. numerical with working notes and three ledger accounts for 2019 to 2023. Together they show both the theory style and the numerical layout used across the full file.
How many questions must I attempt in the ECO 14 Accountancy II exam?
You attempt four questions in all. Question 1 is compulsory and asks for short notes on any two of five topics, for 14 marks. You then choose any three of Questions 2 to 6, each worth 12 marks, which makes 50 marks in total. The paper lasts 2 hours, so plan about 25 minutes for each long answer and the rest for short notes.
Which ECO 14 topics repeat most in IGNOU papers?
Across 7 official papers from June 2022 to December 2025, branch accounts and partner goodwill appeared every time. Hire purchase, debentures and share capital transactions each appeared in 6 of 7 papers. Departmental accounts and pre-incorporation profit appeared in 4. Partner goodwill and departmental accounts were both missing in June 2026, so they deserve extra revision for the next term-end exam.
Does the ECO 14 Accountancy II paper always include a debenture numerical?
Not always, but it comes close. Debentures appeared in 6 of the 7 papers we checked, as a short note, a journal entry question or a ledger question. December 2025 asked journal entries for debentures redeemed at a premium after six years, while June 2026 asked three ledger accounts with redemption in instalments. Practising both formats covers most versions IGNOU has set recently.
Is the IGNOU ECO 14 Solved Question Paper useful for the December exam?
Yes. IGNOU repeats topic areas in ECO 14 far more than exact wording, so the June 2026 answers double as practice for the next term-end exam. Hire purchase, debentures and share capital came up again in June 2026 after appearing in earlier papers. Use the solved answers to learn the layout, then check the repeat-topic table to see which chapters to revise next.
Should I still read the ECO 14 Accountancy II blocks if I buy the solved paper?
Yes, the solved paper works best alongside the five eGyanKosh blocks, not instead of them. The answers show you how to present a 12-mark response and a ledger, but the blocks explain the reasoning behind each entry. Read the unit first, attempt the question yourself on paper, and then compare your attempt with our model answer to see what you missed.