BCOC 137 key facts: June 2026
- Course code: BCOC 137 (printed as BCOC-137)
- Subject: Corporate Accounting
- Programme: Bachelor of Commerce (General), BCOMG; also B.Com four-year UG programme, BCOMF / BCOMFOL
- Semester (BCOMG): Semester IV, as per IGNOU's BCOC 137 assignment booklet
- Credits: 6
- Blocks and units: 5 blocks, 19 units
- Maximum marks: 100 (term-end exam)
- Duration: 3 hours
- Questions in the June 2026 paper: 9 questions, attempt any 5, 20 marks each
- Solved samples on this page: 2 (Q2 and Q4); all 9 answered in the paid file
BCOC 137 Solved Question Paper for the June 2026 term-end exam gives you worked answers to all 9 questions IGNOU set in Corporate Accounting, written by our commerce team after studying seven earlier official papers of the course. Two answers are open on this page so you can judge the standard yourself. The complete file comes to you on WhatsApp 9899436384.
1. What the June 2026 Solved Paper Covers
BCOC 137 Corporate Accounting is the IGNOU B.Com (General) course on accounting that only companies do, from share and debenture issues to holding company accounts, amalgamation, reconstruction and bank accounts.
The June 2026 paper, printed as BCOC-137 under Bachelor in Commerce (General), had nine questions of 20 marks each, and you had to attempt any five in three hours. Three of the nine were numericals: debenture journal entries in Q2, operating cash flow in Q4 and share valuation by the net assets method in Q6.
The theory side asked about company formation and book building (Q1), the Balance Sheet (Q3), investments in subsidiaries (Q5), internal reconstruction (Q7), non-performing assets (Q8) and two banking topics (Q9). Our solved file answers every one of them, including both parts of Q1 and Q9.
If you are reading the question paper to judge what December 2026 may bring, this set matters because it mixes repeat favourites such as NPAs and cash flow with one topic that is new to the course's exams: book building. You can compare it with older sets in our IGNOU Previous Year Question Paper section.
2. Two Answers Solved in Full, Seven Held Back
Two complete answers are open below: Q2 on journal entries for debenture issues and Q4 on cash flow from operating activities. The other seven questions are listed exactly as printed and are answered only in the full file.
Journal entries for five debenture issues
Question 2: Radhey Krishna Pvt. Ltd. issues the following debentures. Journalize the following transactions. (20)
(a) 500 5% Debentures of ₹1,000 each at par, redeemable at par.
(b) 1,000 6% Debentures of ₹100 each at a premium of ₹10 per debenture, redeemable at par.
(c) 1,500 7% Debentures of ₹200 each at a discount of ₹20 per debenture, redeemable at par.
(d) 2,000 8% Debentures of ₹250 each at par, redeemable at a premium of 10%.
(e) 2,500 9% Debentures of ₹500 each at a discount of 10%, redeemable at a premium of 10%.
Debentures are the borrowed capital of a company. The journal entries for any issue depend on two prices: the issue price (par, premium or discount) and the redemption price (par or premium). A premium on issue is credited to Securities Premium Account. A discount on issue, or a premium payable on redemption, is a loss the company records on the day of issue.
When a debenture is redeemable at a premium, the company credits Premium on Redemption of Debentures Account at the time of issue, because it has already committed to paying that extra amount. The matching debit goes to Loss on Issue of Debentures Account. Each part below is shown in two entries: first the cash received, then the allotment.
(a) 500 5% Debentures of ₹1,000 each at par, redeemable at par
| Particulars | Dr (₹) | Cr (₹) |
|---|---|---|
| Bank A/c Dr. | 5,00,000 | — |
| To Debenture Application and Allotment A/c | — | 5,00,000 |
| (Being application money received on 500 debentures at ₹1,000 each) | — | — |
| Debenture Application and Allotment A/c Dr. | 5,00,000 | — |
| To 5% Debentures A/c | — | 5,00,000 |
| (Being 500 5% debentures allotted at par, redeemable at par) | — | — |
(b) 1,000 6% Debentures of ₹100 each at a premium of ₹10, redeemable at par
| Particulars | Dr (₹) | Cr (₹) |
|---|---|---|
| Bank A/c Dr. | 1,10,000 | — |
| To Debenture Application and Allotment A/c | — | 1,10,000 |
| (Being application money received on 1,000 debentures at ₹110 each) | — | — |
| Debenture Application and Allotment A/c Dr. | 1,10,000 | — |
| To 6% Debentures A/c | — | 1,00,000 |
| To Securities Premium A/c | — | 10,000 |
| (Being 1,000 6% debentures allotted at a premium of ₹10 each, redeemable at par) | — | — |
(c) 1,500 7% Debentures of ₹200 each at a discount of ₹20, redeemable at par
| Particulars | Dr (₹) | Cr (₹) |
|---|---|---|
| Bank A/c Dr. | 2,70,000 | — |
| To Debenture Application and Allotment A/c | — | 2,70,000 |
| (Being application money received on 1,500 debentures at ₹180 each) | — | — |
| Debenture Application and Allotment A/c Dr. | 2,70,000 | — |
| Discount on Issue of Debentures A/c Dr. | 30,000 | — |
| To 7% Debentures A/c | — | 3,00,000 |
| (Being 1,500 7% debentures allotted at a discount of ₹20 each, redeemable at par) | — | — |
(d) 2,000 8% Debentures of ₹250 each at par, redeemable at a premium of 10%
| Particulars | Dr (₹) | Cr (₹) |
|---|---|---|
| Bank A/c Dr. | 5,00,000 | — |
| To Debenture Application and Allotment A/c | — | 5,00,000 |
| (Being application money received on 2,000 debentures at ₹250 each) | — | — |
| Debenture Application and Allotment A/c Dr. | 5,00,000 | — |
| Loss on Issue of Debentures A/c Dr. | 50,000 | — |
| To 8% Debentures A/c | — | 5,00,000 |
| To Premium on Redemption of Debentures A/c | — | 50,000 |
| (Being 2,000 8% debentures allotted at par, redeemable at a premium of ₹25 each) | — | — |
(e) 2,500 9% Debentures of ₹500 each at a discount of 10%, redeemable at a premium of 10%
| Particulars | Dr (₹) | Cr (₹) |
|---|---|---|
| Bank A/c Dr. | 11,25,000 | — |
| To Debenture Application and Allotment A/c | — | 11,25,000 |
| (Being application money received on 2,500 debentures at ₹450 each) | — | — |
| Debenture Application and Allotment A/c Dr. | 11,25,000 | — |
| Loss on Issue of Debentures A/c Dr. | 2,50,000 | — |
| To 9% Debentures A/c | — | 12,50,000 |
| To Premium on Redemption of Debentures A/c | — | 1,25,000 |
| (Being 2,500 9% debentures allotted at a discount of ₹50 each, redeemable at a premium of ₹50 each) | — | — |
Working note: summary of the five issues
| Part | Face value (₹) | Cash received (₹) | Discount on issue (₹) | Premium on redemption (₹) | Total loss to write off (₹) |
|---|---|---|---|---|---|
| (a) 5% at par, redeemable at par | 5,00,000 | 5,00,000 | — | — | — |
| (b) 6% at ₹10 premium, redeemable at par | 1,00,000 | 1,10,000 | — | — | — (₹10,000 to Securities Premium) |
| (c) 7% at ₹20 discount, redeemable at par | 3,00,000 | 2,70,000 | 30,000 | — | 30,000 |
| (d) 8% at par, redeemable at 10% premium | 5,00,000 | 5,00,000 | — | 50,000 | 50,000 |
| (e) 9% at 10% discount, redeemable at 10% premium | 12,50,000 | 11,25,000 | 1,25,000 | 1,25,000 | 2,50,000 |
| Total | 26,50,000 | 25,05,000 | 1,55,000 | 1,75,000 | 3,30,000 |
Treatment of the loss: under Section 52(2) of the Companies Act, 2013, the balance in Securities Premium Account may be used to write off the discount on issue of debentures and to provide for the premium payable on their redemption. Any part not covered by Securities Premium is written off to the Statement of Profit and Loss over the life of the debentures.
Conclusion: Radhey Krishna Pvt. Ltd. raised ₹25,05,000 in cash against debentures with a face value of ₹26,50,000. The ₹10,000 premium in part (b) is a capital receipt credited to Securities Premium, while parts (c), (d) and (e) together create losses of ₹3,30,000 that must be written off.
Cash flow from operating activities
Question 4: Calculate cash flows from operating activities from the following information. (20)
Debtors: 2023 ₹42,000, 2024 ₹46,000. Prepaid Expenses: 2023 ₹2,000, 2024 ₹2,700. Accrued Income: 2023 ₹1,500, 2024 ₹1,200. Income Received in Advance: 2023 ₹800, 2024 ₹1,000. Creditors: 2023 ₹26,000, 2024 ₹29,000. Bills Payable: 2023 ₹13,000, 2024 ₹11,000. Outstanding Expenses: 2023 ₹8,000, 2024 ₹6,000.
Profit made during 2024 amounted to ₹1,00,000 after taking into account the following adjustments: (i) Profit on Sale of Investment ₹2,000 (ii) Loss on Sale of Machine ₹900 (iii) Goodwill Amortized ₹3,000 (iv) Depreciation Charged ₹2,900.
Cash flow from operating activities is worked out here by the indirect method of AS 3 (Ind AS 7 for companies that follow Ind AS). The method starts with the profit figure and removes everything that did not move cash in the operating cycle: non-cash charges and losses on investing items are added back, gains on investing items are deducted, and working capital changes are adjusted.
| Particulars | ₹ | ₹ |
|---|---|---|
| Net profit for 2024 (as given) | — | 1,00,000 |
| Add: non-cash and non-operating charges | — | — |
| Depreciation charged | 2,900 | — |
| Goodwill amortised | 3,000 | — |
| Loss on sale of machine | 900 | 6,800 |
| Less: non-operating income | — | — |
| Profit on sale of investment | — | (2,000) |
| Operating profit before working capital changes | — | 1,04,800 |
| Add: decrease in current assets and increase in current liabilities | — | — |
| Decrease in accrued income (1,500 to 1,200) | 300 | — |
| Increase in income received in advance (800 to 1,000) | 200 | — |
| Increase in creditors (26,000 to 29,000) | 3,000 | 3,500 |
| Less: increase in current assets and decrease in current liabilities | — | — |
| Increase in debtors (42,000 to 46,000) | 4,000 | — |
| Increase in prepaid expenses (2,000 to 2,700) | 700 | — |
| Decrease in bills payable (13,000 to 11,000) | 2,000 | — |
| Decrease in outstanding expenses (8,000 to 6,000) | 2,000 | (8,700) |
| Cash flow from operating activities | — | 99,600 |
The working capital rule used above: a rise in a current asset (debtors, prepaid expenses) or a fall in a current liability (bills payable, outstanding expenses) ties up cash, so it is deducted. A fall in a current asset (accrued income) or a rise in a current liability (creditors, income received in advance) releases cash, so it is added.
The ₹2,000 profit on sale of investment belongs to investing activities, where the full sale proceeds are shown, so leaving it in operating profit would count it twice. The ₹900 loss on sale of machine is added back for the same reason. Depreciation and goodwill amortisation reduce profit without any cash going out, so both are added back.
Assumption: the question gives no figure for income tax paid, so no tax outflow is deducted. If a version of the sum included tax paid, it would be subtracted after the working capital changes to reach net cash from operating activities.
Conclusion: cash flow from operating activities for 2024 is ₹99,600, which is ₹400 below reported profit. Growing debtors and the paying down of bills payable and outstanding expenses absorbed almost all of the ₹6,800 added back for depreciation, amortisation and the loss on the machine.
3. Questions Answered Only in the Full File
These seven questions appear below exactly as printed in the June 2026 paper, with IGNOU's own numbering. Their answers are not on this page; they are inside the full solved file.
Question 1 (a): Discuss the essential steps involved in formation of a company. (10)
Question 1 (b): What is meant by 'book building'? Describe the steps involved in the book-building process. (10)
Question 3: Explain the significance of the Balance Sheet in the Final Accounts of a Company. Discuss the various items found in a Balance Sheet and their classification. How does a well-prepared Balance Sheet assist stakeholders in evaluating the financial health of a company? (20)
Question 5: Explain the concept of a holding company and its subsidiaries. Discuss the accounting treatment of investments in subsidiaries in the books of a holding company as per the applicable accounting standards in India. Provide examples to illustrate your answer. (20)
Question 6: The following is the summarised Balance Sheet of Bhagwati Ltd. Find out the value per share on the basis of the Net Assets Method. (20)
Equity and Liabilities: 30,000 Equity Shares of ₹20 each ₹6,00,000; 25,000 Equity Shares of ₹20 each, ₹16 paid up ₹4,00,000; 20,000 Equity Shares of ₹20 each, ₹10 paid up ₹2,00,000; 12,500 Equity Shares of ₹20 each, ₹8 paid up ₹1,00,000; Reserves ₹60,000; Profit and Loss A/c ₹2,00,000; Sinking Fund ₹1,20,000; 8% Debentures ₹4,00,000; Current Liabilities ₹20,000. Total ₹21,00,000.
Assets: Goodwill ₹3,40,000; Other Fixed Assets ₹15,00,000; Current Assets ₹2,40,000; Preliminary Expenses ₹20,000. Total ₹21,00,000.
The Fixed Assets are valued at ₹16,20,000 for the purpose of valuation of shares; Goodwill shall be taken at two times the average annual profits of the last three years, which were ₹3,00,000, ₹6,00,000 and ₹7,00,000. Interest on debentures is outstanding for six months. There is a liability of ₹24,000 not recorded in the books.
Question 7: Explain the steps involved in the process of internal reconstruction of a company. Discuss the role of various stakeholders in the approval and implementation of internal reconstruction schemes. (20)
Question 8: What do you understand by non-performing assets? State the main reasons for growing non-performing assets in Indian financial markets. (20)
Question 9 (a): Describe the accounting treatment for various financial instruments used by banking companies. (10)
Question 9 (b): Explain the slip-system of Bank Book-Keeping. (10)
4. Question Paper Pattern and Marks by Block
The June 2026 paper put 180 marks of choice in front of you for a 100-mark exam: nine questions of 20 marks each, of which you answer any five.
| Block | June 2026 questions | Marks on offer | Question type |
|---|---|---|---|
| Block 1: Company Accounts-I | Q1(a) and (b), Q2 | 40 | Two 10-mark theory parts on formation and book building; one 20-mark journal numerical |
| Block 2: Company Accounts-II | Q3, Q4 | 40 | Long theory on the Balance Sheet; 20-mark cash flow numerical |
| Block 3: Holding Companies and Valuation of Shares and Goodwill | Q5, Q6 | 40 | Theory with examples on subsidiaries; net assets valuation numerical |
| Block 4: Amalgamation of Companies | Q7 | 20 | Theory on internal reconstruction and stakeholder roles |
| Block 5: Accounts of Banking Companies | Q8, Q9(a) and (b) | 40 | 20-mark NPA theory; two 10-mark banking notes |
| Total | 9 questions | 180 | 3 numericals, 6 theory |
Blocks 1, 2, 3 and 5 each carried two questions. Block 4 carried only one, and it came from Unit 15 on internal reconstruction rather than from amalgamation, even though amalgamation had been asked in every one of the seven earlier official papers we checked.
If you line this paper up against other BCOMG Question Paper sets, the balance is typical of IGNOU commerce courses: roughly a third numericals. If you are sure of your journal entries and cash flow format, a sensible plan is two numericals and three theory answers, since a correct numerical is harder for an examiner to mark down.
5. Topics That Keep Coming Back in BCOC 137
Holding company accounts and amalgamation each appeared in all seven official BCOC 137 papers we checked, while NPAs, cash flow statements and company final accounts appeared in six.
Papers used, all downloaded from IGNOU's official sites (webservices.ignou.ac.in and ignou.ac.in): December 2021, December 2022, June 2023, December 2023, June 2024, June 2025 and December 2025. We could not find official copies of the June 2022 and December 2024 papers, so they are not counted. The last column shows whether the topic came again in June 2026.
| Topic | Sessions where it was asked | Count (of 7) | In June 2026 |
|---|---|---|---|
| Holding company accounts: cost of control, minority interest, pre and post-acquisition profit, consolidation | Dec 2021, Dec 2022, Jun 2023, Dec 2023, Jun 2024, Jun 2025, Dec 2025 | 7 | Yes, Q5 |
| Amalgamation: AS 14, merger vs purchase, purchase consideration | Dec 2021, Dec 2022, Jun 2023, Dec 2023, Jun 2024, Jun 2025, Dec 2025 | 7 | — |
| Non-performing assets: meaning, reasons, recovery, income recognition | Dec 2021, Dec 2022, Jun 2023, Dec 2023, Jun 2024, Dec 2025 | 6 | Yes, Q8 |
| Cash flow statement: AS 3 theory, format or numerical | Dec 2021, Dec 2022, Jun 2023, Dec 2023, Jun 2024, Dec 2025 | 6 | Yes, Q4 (Sample 2) |
| Company final accounts and Balance Sheet under Schedule III | Dec 2021, Dec 2022, Jun 2023, Dec 2023, Jun 2025, Dec 2025 | 6 | Yes, Q3 |
| Buy-back of shares: conditions, motives, SEBI guidelines, journal entries | Dec 2021, Jun 2023, Jun 2024, Jun 2025, Dec 2025 | 5 | — |
| Valuation of shares: methods, net assets, yield and earning capacity | Dec 2021, Jun 2023, Dec 2023, Jun 2025 | 4 | Yes, Q6 |
| Issue, forfeiture and reissue of shares (numerical) | Dec 2021, Dec 2022, Dec 2023, Jun 2024 | 4 | — |
| Redemption of preference shares | Dec 2022, Jun 2023, Jun 2025, Dec 2025 | 4 | — |
| Commercial banks: functions and structure | Jun 2023, Dec 2023, Jun 2024, Dec 2025 | 4 | — |
| Valuation of goodwill: super profit, capitalisation, annuity | Dec 2022, Jun 2024, Dec 2025 | 3 | Only as data inside Q6 |
| Internal reconstruction and capital reduction | Dec 2022, Jun 2024, Jun 2025 | 3 | Yes, Q7 |
| Issue and redemption of debentures, including collateral issues | Dec 2021, Jun 2023, Dec 2023 | 3 | Yes, Q2 (Sample 1) |
| Non-banking financial companies | Jun 2024, Jun 2025, Dec 2025 | 3 | — |
| Treatment of items in bank final accounts | Jun 2023, Jun 2025 | 2 | Related, Q9(a) |
| Bank book-keeping systems: slip system, teller system | Dec 2021, Jun 2024 | 2 | Yes, Q9(b) |
| Company formation, incorporation documents, Memorandum of Association | Dec 2022, Jun 2025 | 2 | Yes, Q1(a) |
| Book building | Not asked in any of the 7 papers | 0 | Yes, Q1(b), first time |
Two patterns stand out. Amalgamation and buy-back, both regulars, skipped June 2026, so they are strong candidates to return. And the slip system, asked as a full 20-mark question in December 2021, came back in June 2026 as a 10-mark part, so older topics do resurface after a long gap.
Use the table as a guide, not a guarantee. For course-wise lists of likely questions beyond this paper, see our IGNOU Solved Guess Paper collection.
6. Block and Unit Wise Syllabus
BCOC 137 Corporate Accounting runs across 5 blocks and 19 units, and the June 2026 paper drew at least one question from every block.
| Block | Units | Topics examined |
|---|---|---|
| Block 1: Company Accounts-I | Unit 1 Introduction; Unit 2 Accounting for Share Capital Transactions; Unit 3 Buy Back of Shares; Unit 4 Issue and Redemption of Preference Shares; Unit 5 Issue and Redemption of Debentures | Share issue with pro-rata allotment and forfeiture; buy-back limits and sources; debentures issued at a discount and redeemed at a premium |
| Block 2: Company Accounts-II | Unit 6 Final Accounts-I; Unit 7 Final Accounts-II; Unit 8 Cash Flow Statement | Schedule III vertical formats; provision for tax and proposed dividend; indirect and direct cash flow methods |
| Block 3: Holding Companies and Valuation of Shares and Goodwill | Unit 9 Accounts of Holding Companies-I; Unit 10 Accounts of Holding Companies-II; Unit 11 Valuation of Goodwill; Unit 12 Valuation of Shares | Cost of control and minority interest; super profit and annuity methods for goodwill; net assets and yield methods for shares |
| Block 4: Amalgamation of Companies | Unit 13 Amalgamation of Companies: Basic Concepts; Unit 14 Amalgamation of Companies: Accounting Treatment; Unit 15 Internal Reconstruction | Merger vs purchase under AS 14; pooling of interests method; capital reduction account and surrender of shares |
| Block 5: Accounts of Banking Companies | Unit 16 Banking and Non-Banking Companies: Basic Aspects; Unit 17 Accounts of Banking Companies: Accounting Treatment; Unit 18 Commercial Bank; Unit 19 Non-Performing Assets | Slip system and teller system; rebate on bills discounted in bank accounts; NBFC business forms and NPA recovery |
Blocks 3 and 5 are where most students lose marks, because consolidation terms and bank-specific formats have no parallel in earlier accounting courses. Keep the BCOC 137 Study Material open for those two blocks while you revise from our solved file.
The official block and unit PDFs for the course are published by IGNOU on eGyanKosh (BCOC-137 Corporate Accounting), and our unit mapping on this page follows that structure.
7. How Our Answers Are Worked Out and Checked
Every BCOC 137 answer is worked by hand, with each numerical re-added and each journal checked so that debits equal credits.
Numericals follow the exam layout IGNOU examiners are used to: journal entries with narrations, a separate working note for every adjustment and a clear final figure. You can see this in Q2, where each debenture issue has its own pair of entries and a summary working note, and in Q4, where each balance change is shown with its opening and closing figures.
Theory answers open with a direct definition, run under short headings, cite the relevant rule where one applies (the Companies Act, 2013, Schedule III, AS 3, AS 14 or RBI norms) and close with a two-line conclusion. Length is matched to the marks: a 10-mark part is written shorter than a 20-mark question.
Before the file goes out, every question is matched word for word against the printed June 2026 paper, and answers are cross-checked with the unit they come from so nothing drifts outside the syllabus.
8. Solved File Index: Every Question Mapped to Its Unit
BCOC 137 Corporate Accounting has no practical or record work, so instead of a practical file index this section lists every question in the solved file with its unit and where its answer sits.
| Question | Topic | Course unit | Answer |
|---|---|---|---|
| Q1(a) | Steps in formation of a company | Block 1, Unit 1 | Full file |
| Q1(b) | Book building and its steps | Block 1, Unit 2 | Full file |
| Q2 | Journal entries for five debenture issues | Block 1, Unit 5 | Sample 1 above |
| Q3 | Significance and classification of the Balance Sheet | Block 2, Units 6 and 7 | Full file |
| Q4 | Cash flow from operating activities | Block 2, Unit 8 | Sample 2 above |
| Q5 | Investments in subsidiaries in holding company books | Block 3, Units 9 and 10 | Full file |
| Q6 | Net assets valuation of Bhagwati Ltd. shares | Block 3, Units 11 and 12 | Full file |
| Q7 | Internal reconstruction and stakeholder roles | Block 4, Unit 15 | Full file |
| Q8 | Non-performing assets and reasons for their growth | Block 5, Unit 19 | Full file |
| Q9(a) | Financial instruments in banking company accounts | Block 5, Unit 17 | Full file |
| Q9(b) | Slip system of bank book-keeping | Block 5, Unit 16 | Full file |
| Total | 9 questions | All 5 blocks | 2 on this page, 7 in the full file |
9. Programmes That Study BCOC 137
BCOC 137 Corporate Accounting is a core course in IGNOU's Bachelor of Commerce (General), BCOMG, and is also studied in the four-year B.Com programme, BCOMF, and its online mode, BCOMFOL.
In the IGNOU Bachelor of Commerce (General), IGNOU's own assignment booklet for BCOC 137 places the course in Semester IV, after the first-year accounting foundations and alongside other second-year commerce cores. Students in BCOMF and BCOMFOL should check their own programme guide for the semester in which it appears.
The paper header has changed over time. Papers up to June 2023 were printed under "Bachelor of Commerce (B.Com.)", December 2023 onwards under "Bachelor of Commerce (General)", and June 2026 under "Bachelor in Commerce (General)". The course code and content stayed the same, so if your hall ticket shows BCOC 137 or BCOC-137, this solved paper applies to you.
10. How to Get the Full Solved Question Paper
Send "BCOC 137 June 2026" on WhatsApp to 9899436384 and our team shares the complete file with all 9 questions answered.
Here is what happens next. We reply with the price and payment details, and once payment is confirmed the PDF is sent on the same chat. You get the 2 answers shown on this page plus the 7 that are not, including both parts of Q1 and both parts of Q9, so the whole June 2026 paper is covered.
Order early enough to practise the three numericals by hand before the December 2026 term-end exam. If you are short of time, mention your exam date in the message and we will prioritise your reply.
11. BCOC 137 Corporate Accounting FAQs
Short answers on what the BCOC 137 June 2026 solved file contains, how the exam works and how to order the file.
What does the June 2026 solved question paper include?
It includes complete answers to all 9 questions from IGNOU's June 2026 Corporate Accounting term-end paper, including both parts of Q1 and Q9. Numericals come with journal entries, statements and working notes, and theory answers follow the headings and length IGNOU examiners expect. Two answers, Q2 and Q4, are open on this page so you can check the standard before you order.
How do I get the full file on WhatsApp?
Send a WhatsApp message to 9899436384 with the words BCOC 137 June 2026. Our team replies with the price and payment details, and the PDF is shared on the same chat once payment is confirmed. The file answers all 9 questions from the paper, so the 7 questions not solved on this page are covered in full, alongside the 2 samples.
Which questions are solved on this page?
Two questions are solved in full here. Q2 covers journal entries for five debenture issues by Radhey Krishna Pvt. Ltd., and Q4 works out cash flow from operating activities, which comes to ₹99,600. The remaining seven questions, Q1, Q3, Q5, Q6, Q7, Q8 and Q9, are listed exactly as printed, and their answers are available only in the full file.
Is the paper mostly numerical or theory?
The June 2026 paper was mostly theory. Three of the nine questions were numericals: debenture journal entries in Q2, operating cash flow in Q4 and share valuation by the net assets method in Q6. The other six covered company formation, book building, the Balance Sheet, holding companies, internal reconstruction, NPAs and bank accounting. Since you answer any five, two or three numericals can anchor your score.
Which BCOC 137 topics repeat most in past papers?
Across the seven official BCOC 137 papers we checked, from December 2021 to December 2025, holding company accounts and amalgamation appeared in all seven. Non-performing assets, cash flow statements and company final accounts each appeared in six, and buy-back of shares in five. Official copies of the June 2022 and December 2024 papers were not available, so they are not counted.
How many questions do I attempt in the exam?
You attempt any five of the nine questions in the BCOC 137 term-end exam. Each question carries 20 marks, the paper is worth 100 marks and you get three hours, which works out to roughly 36 minutes per answer. Some questions, like Q1 and Q9 in June 2026, are split into two 10-mark parts, and both parts together count as one question.
Which IGNOU programmes include BCOC 137?
BCOC 137 Corporate Accounting is a core course of IGNOU's Bachelor of Commerce (General), BCOMG, where IGNOU's assignment booklet places it in Semester IV. It is also studied in the four-year undergraduate B.Com programme, BCOMF, and its online mode, BCOMFOL. If your hall ticket shows BCOC 137 or BCOC-137, this June 2026 solved paper applies to you.
Who writes and checks the answers?
The BCOC 137 answers are written by Prateek Talwar and reviewed by Sheetal Kirola for Unnati Educations. Every journal entry is checked so that debits equal credits, every statement is re-added, and each question is matched word for word to the printed June 2026 paper. Theory answers are checked against the IGNOU Corporate Accounting blocks on eGyanKosh before they go into the file.
12. Who Wrote and Checked the BCOC 137 Answers
The BCOC 137 answers were written by Prateek Talwar and reviewed by Sheetal Kirola at Unnati Educations.
Prateek Talwar is a Company Secretary who prepares IGNOU commerce solved papers from the course blocks and the official term-end paper. Sheetal Kirola, Academic Head (M.Ed.), re-adds every statement and checks that debits equal credits in every journal before the file is released.