NIOS Class 10 Accountancy 224 Solved TMA for the October 2026 session is ready, with every question answered after a careful reading of the official 224 textbook and the marking pattern examiners actually follow. If you are sitting secondary Accountancy and want answers you can copy into your file and submit without second-guessing, this page lays out the full assignment and shows you two complete solutions so you can judge the quality before you ask for the rest.
Written by Prateek Talwar, founder of Unnati Educations, who has guided NIOS learners through secondary and senior secondary assignments for several years. Reviewed by Jyoti Sharma, Senior NIOS Counsellor, for accuracy against the current Accountancy 224 assignment and submission rules.
The answers are prepared subject-by-subject, not pulled from a generic template. Each response sticks to the word limit printed on the assignment, uses the correct accounting format, and matches the lesson it is drawn from. That is the difference between a file that scrapes a pass and one that pulls your percentage up.
Subject: Accountancy | Code: 224 | Level: Secondary (Class 10) | Session: October 2026 | Format: PDF & handwritten | Includes: Project work
About the NIOS Class 10 Accountancy 224 Solved TMA for the 2026 Session
Accountancy 224 is a practical secondary subject, so its assignment mixes short theory with numerical work like the accounting equation and a bank reconciliation statement. The paper carries a fixed set of questions and a compulsory project, all worth twenty per cent of your subject marks.
The Tutor Marked Assignment is the one internal component you complete before the public exam. If you are unsure how the whole system fits together, this short guide on the NIOS TMA explains the rules, the deadlines and why a well-written file quietly protects your final grade.
Our version of the NIOS Accountancy 224 Solved TMA follows the exact question set issued for the 2026 cycle. Nothing is padded, and no answer runs past the length the examiner expects. That keeps your file tidy and easy to mark.
All Tutor Marked Assignment Questions in NIOS Accountancy 224
Here is the complete list of questions in the NIOS Class 10 Accountancy 224 TMA. Questions one to five each offer two options where you attempt any one, and question six is the project where you again pick a single task. Read them against your own dashboard copy to confirm they match before you order.
Q1. Answer any one in about 40 to 60 words.
(a) 'Accounting is termed as the language of the business.' Comment.
(b) What do you understand by compound entry? Also explain the process of posting a compound entry from the journal into the ledger.
Q2. Answer any one in about 40 to 60 words.
(a) Explain the usage of sales and purchase day book.
(b) Explain how accounting is useful to government and researchers.
Q3. Answer any one in about 40 to 60 words.
(a) Explain a difference between journal and ledger.
(b) Write down the rules for the accounting equation for the following: (i) Outsider's Equity (ii) Interest on Capital.
Q4. Answer any one in about 100 to 150 words.
(a) To ascertain net profit for each year a businessman must weigh current and future contingencies. In this context your friend wants to know the purpose of a secret reserve. As a good friend, explain the purpose of a secret reserve.
(b) Explain the meaning of Tally as an accounting software.
Q5. Answer any one in about 100 to 150 words.
(a) Prepare the accounting equation on the basis of the following: (i) Commenced business with cash Rs.2,50,000 (ii) Ankit purchased goods from Ravi Rs.70,000 (iii) Purchased goods on credit Rs.27,000 (iv) Neha sold goods costing Rs.20,000 for Rs.42,000 for cash.
(b) Explain how the issuance of cheques by a trader, not yet presented for payment, leads to a difference between the cash book and pass book balances.
Q6. Prepare any one project from the following.
(a) From the particulars of Deepak Traders, prepare a bank reconciliation statement on 30 June 2012: balance as per cash book Rs.1,50,000; cheques of Rs.27,550 deposited but not yet collected; Rs.8,250 credit card fee debited by bank but not recorded in the cash book; a debit of Rs.60,000 in the pass book for a discounted bill dishonoured. (See Lesson 8)
(b) Visit any nearby shop, observe ten business transactions and prepare the accounting equation for them, ensuring it stays balanced at every step. (See Lesson 4)
Sample Solved Answers from the NIOS Class 10 Accountancy 224 Solved TMA
Two full answers are shown below so you can see how our solutions read: one short theory question and one numerical problem with the working laid out. This is the same standard applied across the rest of the file.
Sample 1 : Q1 (a) Theory
Q. 'Accounting is termed as the language of the business.' Comment.
Accounting is called the language of business because it systematically records, classifies and summarises business transactions. It communicates financial information to owners, managers, investors, creditors and the government. Just as language expresses ideas, accounting expresses the financial position and the results of business operations. It helps in decision making, control and comparison, thus acting as a universal language for business.
Sample 2 : Q5 (a) Numerical
Q. Prepare the accounting equation for the four transactions listed in Q5(a).
| Transaction | Cash | Stock | Total Assets | Ravi (Creditor) | Other Creditors | Capital |
|---|---|---|---|---|---|---|
| (i) Started with cash 2,50,000 | 2,50,000 | 0 | 2,50,000 | 0 | 0 | 2,50,000 |
| (ii) Goods from Ravi 70,000 (credit) | 2,50,000 | 70,000 | 3,20,000 | 70,000 | 0 | 2,50,000 |
| (iii) Goods on credit 27,000 | 2,50,000 | 97,000 | 3,47,000 | 70,000 | 27,000 | 2,50,000 |
| (iv) Sold goods (cost 20,000) for 42,000 cash | 2,92,000 | 77,000 | 3,69,000 | 70,000 | 27,000 | 2,72,000 |
Final position: Assets (Cash 2,92,000 + Stock 77,000) = 3,69,000. Liabilities (Ravi 70,000 + Other Creditors 27,000) = 97,000. Capital = 2,72,000, which is the opening 2,50,000 plus a profit of 22,000. So Assets 3,69,000 = Liabilities 97,000 + Capital 2,72,000, and the equation tallies.
Chapters Covered in the NIOS Class 10 Accountancy 224 Book
The 224 course runs across six modules and seventeen lessons. Every assignment question traces back to one of these lessons, so the table below doubles as a revision map: find the lesson a question is drawn from, then brush up on the exact topics that carry the marks.
| Lesson | Chapter | Key topics that carry marks |
|---|---|---|
| 1 | Introduction to Accounting | Meaning and objectives, book-keeping versus accounting, users of accounting information |
| 2 | Accounting Concepts and Conventions | Business entity, going concern, money measurement, consistency and conservatism |
| 3 | Accounting Terms | Capital and drawings, assets and liabilities, debtors and creditors, purchases and goods |
| 4 | Accounting Equation | Assets = Liabilities + Capital, effect of each transaction, keeping the equation balanced |
| 5 | Double Entry System | Dual aspect concept, rules of debit and credit, personal, real and nominal accounts |
| 6 | Journal | Journalising, simple and compound entries, writing correct narration |
| 7 | Cash Book | Single, double and triple column cash book, contra entries, petty cash book |
| 8 | Bank Reconciliation Statement | Causes of difference, favourable and unfavourable balance, preparing the BRS |
| 9 | Purchase and Sales Book | Purchases and sales day books, returns books, purpose of subsidiary books |
| 10 | Ledger | Posting from journal, balancing accounts, ledger folio and cross-reference |
| 11 | Trial Balance and Accounting Errors | Preparing the trial balance, types of errors, rectification and suspense account |
| 12 | Depreciation | Causes of depreciation, straight line and written down value methods, provision for depreciation |
| 13 | Provisions and Reserves | General and specific reserves, secret reserve, provision versus reserve |
| 14 | Financial Statements (Without Adjustments) | Trading account, profit and loss account, simple balance sheet |
| 15 | Financial Statements (With Adjustments) | Closing stock, outstanding and prepaid items, depreciation and bad debts adjustments |
| 16 | Computers in Accounting | Need for computerised accounting, components, advantages and limitations |
| 17 | Introduction to Tally | Features of Tally, company creation, vouchers, ledgers and reports |
If you want to cross-check this against the board's own breakdown before you start, the NIOS Class 10 Syllabus page lists the module weightage lesson by lesson, which is handy when you are deciding where your revision hours are best spent.
What You Receive with the NIOS Accountancy 224 TMA Solution
The NIOS Accountancy Class 10 Solved TMA is delivered as a ready file, not a rough draft you still have to fix. Here is what comes with it:
- All questions solved to the printed word limit, with the correct answer chosen for each option so you are not left picking.
- Numerical answers set out in proper accounting format, with tables and totals that actually tally.
- The compulsory project work in question six completed and ready to place in your file.
- A clean typed PDF, plus a handwritten version on request for centres that ask for handwriting.
- Answers in the medium you registered in, so English-medium students receive English solutions.
Beyond the assignment itself, students often need notes and past papers for the same subject. Our wider NIOS Study Material library keeps chapter notes, important questions and previous papers for Accountancy 224 in one place, so revision and assignment work sit side by side.
How to Get Your NIOS Class 10 Accountancy TMA Solved File
Getting the file is a two-minute job. Message us on WhatsApp, tell us your subject code and session, and we send the ready solution across so you can start copying into your assignment sheets straight away.
Get the NIOS Accountancy 224 Solved TMA on WhatsApp
Send us '224 TMA October 2026' and we will share the complete solved file with project work.
Message 9654 279 279 or Ask for a sample first
If you are also enrolled in other secondary subjects, you do not have to order them one message at a time. Our full range of NIOS Solved TMA files covers every Class 10 subject, so you can collect the whole set in a single conversation and cross one worry off your list.
TMA Marks Weightage and Submission for NIOS Accounts 224
The Accounts 224 assignment carries twenty per cent of your theory marks, which works out to twenty marks that sit in a separate column on your final mark sheet. The public exam covers the remaining eighty per cent. A strong assignment therefore acts as a cushion when the written paper does not go your way.
For the October and November 2026 examinations, the assignment is normally due at your study centre by 31 July, and late files are usually not accepted. It must be handwritten in your own hand and handed in at your Accredited Institution before you sit the paper.
A completed assignment is compulsory for appearing in the exam, so treat it as a gate rather than an extra. If you want the fuller picture across every subject, our NIOS Class 10 Solved TMA hub walks through submission rules, deadlines and marking for the whole secondary level.
Tips to Score Well in the NIOS Class 10 Accountancy TMA
Even with a solved file in hand, a few habits push your assignment marks from fine to full:
- Copy the questions exactly as they appear on your dashboard, then write the answer beneath each one so the flow is easy to follow.
- Respect the word limit. Short theory answers stay inside 40 to 60 words and long ones inside 100 to 150, which is what the examiner rewards.
- For numerical answers, rule your tables neatly and show the closing totals. Presentation carries real weight in Accountancy.
- Attempt only one option per question. Writing both wastes time and can confuse the marker.
- Add a simple cover page with your name, enrolment number, subject code 224 and session before submission.
Frequently Asked Questions on NIOS Accountancy 224 TMA
Are the NIOS Accountancy 224 TMA answers based on the official 224 textbook?
Yes. Every answer in the Accountancy 224 assignment is written after reading the relevant lesson in the official NIOS 224 book. The theory follows the textbook wording, and each numerical answer uses the format taught in that chapter. This keeps the file consistent with what the examiner expects and reduces the risk of losing marks on presentation or content.
How many questions does the NIOS Class 10 Accountancy 224 assignment have?
The Accountancy 224 assignment has six questions in total. Questions one to five each give you two options to choose from, and you answer any one. Question six is the project, where you again pick a single task. Our solved file answers the correct option for each, so you receive one clean, complete response per question rather than a mixed set.
Do I get handwritten answers for the NIOS Accountancy 224 TMA?
Yes, a handwritten version of the Accountancy 224 TMA is available on request. Since NIOS asks for assignments in your own handwriting, many students order the typed PDF to read from and a handwritten copy as a reference for pacing and layout. Tell us when you message, and we will confirm the handwriting option and timing for your session.
Is the project work included in the NIOS Class 10 Accountancy TMA solution?
Yes. The compulsory project in question six is fully solved and included in the Accountancy 224 file. Whether the task is a bank reconciliation statement or a shop-based accounting equation, the working is laid out neatly with balanced totals. You can place it straight into your assignment file without having to build the tables from scratch yourself.
What is the last date to submit the NIOS Accountancy 224 assignment?
For the October and November 2026 exams, the Accountancy 224 assignment is usually due at your study centre by 31 July 2026. For the March and April cycle the date is generally 31 January. Deadlines can shift slightly from one session to the next, so always confirm the exact date with your Accredited Institution and try to submit early to avoid any last-minute problems.
Can the NIOS Class 10 Accounts 224 Solved TMA help me pass?
A well-written Accounts 224 assignment can lift your result meaningfully, since it carries twenty of the hundred marks in the subject. Strong assignment marks reduce the pressure on your theory paper and can be the difference between a borderline and a comfortable pass. It is not a shortcut around study, but it is a genuine and legitimate boost to your final percentage.
Disclaimer: Unnati Educations is an independent academic support platform and is not affiliated with, endorsed by or officially connected to the National Institute of Open Schooling (NIOS). All subject names, codes and assignment references belong to NIOS and are used only to help students identify the correct study material. Students should always verify current questions and deadlines on the official NIOS student portal.
