11th Standard Accountancy Study material & Free Online Practice Tests - View Model Question Papers with Solutions for Class 11 Session 2019 - 2020
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Accountancy Question Papers

11th Standard Accountancy - Term II Model Question Paper - by Sarathy - Theni - View & Read

  • 1)

    The root of financial accounting system is _________

  • 2)

    Who is considered to be the internal user of the financial information

  • 3)

    The profounder of double entry system of book-keeping is

  • 4)

    Accounting equation is formed based on the accounting principle of ______

  • 5)

    J. F. means ___________

11th Standard Accountancy - Bank Reconciliation Statement Three Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Give any three reasons for preparing bank reconciliation statement.

  • 2)

    What is meant by the term "cheque not yet presented?"

  • 3)

    Explain why does money deposited into bank appear on the debit side of the cash book, but on the credit side of the bank statement?

  • 4)

    What will be the effect of interest charged by the bank, if the balance is an overdraft?

  • 5)

    State the timing differences in BRS with examples.

11th Standard Accountancy - Subsidiary Books - II Three Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    What are the importance of cash book?

  • 2)

    Explain the types of petty cash books?

  • 3)

    From the following particulars, prepare Single column Cash book of Ms. Kokila

                                                                         Rs.
    2017 Mar 1 Cash in hand 20,000
      4 Cash Purchases 4,000
      7 Cash Sales 8,000
      8 Paid to Balan 5,000
      9 Received cash from Cheran 10,000
      13 Paid into Bank 10,000
      14 Cash withdrawn from bank 4,000
      18 Paid Salaries 1,000
      20 Bought Furniture 3,000
      28 Rent paid 1,000
  • 4)

    Enter the following transactions in a Single column Cash book of Mr. Kumaran.

          Rs.
    2018 Jan 1 Started business with cash 1,000
      3 Purchased goods for cash 500
      4 Sold goods 1,700
      5 Cash received from Siva 200
      12 Paid Balan 150
      14 Bought Furniture 200
      15 Purchased goods from Kala on credit 2,000
      20 Paid electric charges 225
      24 Paid salaries 250
      28 Received commission 75
  • 5)

    Prepare a double column cash book from the following transactions of Mr. Gopalan.

    2017 July 1 Cash in hand 4,000
    6 Cash purchases 2,000
    10 Wages paid 40
    11 Cash Sales 6,000
    12 Cash received from Suresh
    and allowed him discount
    1,980
    19 Cash paid to Meena
    and discount received
    20
    27 Cash paid to Radha 2,470
    28 Purchased goods for cash 2,070

11th Standard Accountancy - Rectification of Errors Three Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    The following errors were detected before preparation of the trial balance. Rectify them.
    (a) A sum of Rs 5,000 written off as depreciation on buildings has not been posted to depreciation account.
    (b) Payment of wages Rs 2,000 to Venkat was posted twice to wages account.
    (c) An amount of Rs 250 for a credit sale of goods to Nila, although correctly entered in the sales book, has been posted as Rs 200.

  • 2)

    The following errors were located after the preparation of trial balance. The difference in trial balance has been taken to suspense account. Rectify them.
    (a) The total of purchases book was carried forward Rs.70 less.
    (b) The total of sales book was carried forward Rs.340 more.
    (c) The total of purchases book was carried forward Rs.150 more.
    (d) The total of sales book was carried forward Rs.200 less.
    (e) The total of purchase returns book was carried forward Rs.350 less

  • 3)

    Rectify the following errors.
    (i) The Sales book of December was added short by Rs 500.
    (ii) A periodical total of the Purchases book was short by Rs 5,000.
    (iii) The total of Purchases return Book has been undercast by Rs 1,500.
    (iv) The Sales return book is added Rs 200 short.

  • 4)

    Following errors are discovered in the Books of Sita Ram. Make the necessary entries to rectify them.
    (i) Purchases journal was Rs 2,150.
    (ii) Rs 500 received from K. Krishna was debited to his account.
    (iii) An amount of Rs 3,000 withdrawn by the Proprietor of the firm for his personal use was posted to the Traveling expense account.
    (iv) An amount of Rs 175 for a credit sale to R. Gopalan correctly entered in the sale book, has been debited to his account as Rs 157.

  • 5)

    Pass the journal entries rectifying the following errors:
    (i) Purchases of office furniture of Rs 10,000 was recorded in Purchases book.
    (ii) Office rent of Rs 15,000 was debited to the personal account of the landlord.
    (iii) Old machine was sold for Rs 5,000 was credited to Sales account.

11th Standard Accountancy - Depreciation Accounting Three Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Write a short note on - Insurance Policy Method

  • 2)

    Write a short note on - Revaluation Method :

  • 3)

    Write a short note on Machine hour rate method.

  • 4)

    What are the Factors determining the amount of depreciation?

  • 5)

    M/s. Shankar & Co. purchased a machinery on 01-01-2012 for Rs 10,00,000. The firm writes off depreciation at 10% on the original cost every year. The books are closed on 31st March every year. Pass the necessary journal entries.

11th Standard Accountancy - Final Accounts of Sole Proprietors - II Three Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Show necessary entries to adjust the following on 31st December, 2017.
    (i) Outstanding salaries Rs 1,200
    (ii) Outstanding rent Rs 300
    (iii) Prepaid insurance premium Rs 450
    (iv) Interest on investments accrued Rs 400
    (v) Bad debts written off Rs 200

  • 2)

    Pass adjusting entries for the following on 31st March, 2018.
    (i) Charge interest on drawings at Rs 50
    (ii) Write off bad debts by Rs 500
    (iii) Depreciate furniture by Rs 1,000

  • 3)

    Sundry debtors as per trial balance as on 31st March, 2016 is Rs 10,000.
    Adjustment: Write off bad debts amounting to Rs 300.
    Give adjusting entry and show how these appear in the final accounts as on 31st March, 2016.

  • 4)

    Sundry debtors as per trial balance Rs 26,000
    Bad debts as per trial balance Rs 1,000
    Adjustment: Additional bad debts amounted to Rs 2,500
    Give adjusting entry and show how these appear in the final accounts on 31st March, 2016

  • 5)

    What is the need for preparing final accounts?

11th Standard Accountancy - Computerised Accounting Three Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    The following are the scores obtained by some students in a competitive examination. Find out the average, the highest and the lowest score using appropriate function in spreadsheet.

      A B C D E F G H
    1 NAME Anbu Balu Gobu Ramu Somu Raju Anu
    2 SCORES 60 80 164 192 104 64 204
  • 2)

    Give the Block diagram of computer.

  • 3)

    Explain the types of People Interact.

  • 4)

    Explain the three types of Procedures.

  • 5)

    Explain the codification of accounts.

11th Standard Accountancy - Final Accounts of Sole Proprietors - I Three Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    What are the need for preparation of trading account?

  • 2)

    What are the need for preparing a Balance sheet?

  • 3)

    What are the characteristics of balance sheet?

  • 4)

    Explain the types. of liabilities.

  • 5)

    What are the difference between trial balance and balance sheet.

11th Standard Accountancy - Subsidiary Books - I Three Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Give the format of purchases book.

  • 2)

    Mention the subsidiary books in which the following transactions are recorded.
    (i) Sale of goods for cash
    (ii) Sale of goods on credit
    (iii) Purchases of goods on credit
    (iv) When the proprietor takes goods for personal use
    (v) Goods returned to suppliers for which cash is not received immediately
    (vi) Asset purchased as credit.

  • 3)

    What are the advantages of subsidiary books?

  • 4)

    Write short notes on :
    (a) Endorsement of a bill and
    (b) Discounting of a bill

  • 5)

    Visit some business units in your area. Find out the books maintained by them. Do they maintain special subsidiary books? If not, discuss with them the need and guide them on maintaining the special subsidiary books.

11th Accountancy - Computerised Accounting Model Question Paper - by Sarathy - Theni - View & Read

  • 1)

    In accounting, computer is commonly used in the following areas:

  • 2)

    Which one of the following is not a method of codification of accounts?

  • 3)

    Accounting software is an example of

  • 4)

    __________ packages are used by medium or large business enterprises.

  • 5)

    ___________ codes are applied primarily to source documents.such as cheques, invoices, etc.

11th Standard Accountancy - Final Accounts of Sole Proprietors - II Model Question Paper - by Sarathy - Theni - View & Read

  • 1)

    A prepayment of insurance premium will appear in

  • 2)

    Net profit is

  • 3)

    If there is no existing provision for doubtful debts, provision created for doubtful debts is

  • 4)

    ______ earned during the period must be compared with the expenses incurred during the period.

  • 5)

    Depreciation is deducted from concerned ______ in the Balance sheet.

11th Accountancy - Trial Balance Three Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    What are the objectives of preparing trial balance?

  • 2)

    What are the limitations of trial balance?

  • 3)

    'A trial balance is only a prima facie evidence of the arithmetical accuracy of records'. Do you agree with this statement? Give reasons.

  • 4)

    From the following balances extracted from the books of Mr Kannan at trader on automobiles, prepare trial balance as on 3Pt March 2017.

       Rs    Rs
     Cash ih hand   5,500   Direct expenses   5,000
     Discount received   300   Carriage outwards 3,500
     Creditors  15,000   Capital  45,000
     Buildings 50,000   Purchases 49,700
     Opening stock 6,000   Sales 59,000
  • 5)

    From the following balances extracted from the books of Mrs. Umashankar a trader, prepare trial balance as on 31.03.2015.

       Rs     Rs
     Capital     44,000   Interested on investment    2,000
     Bills receivable   5,000   Customs duty 3,000
     Wages 800   Computer   20,000
     Drawings 4,000   Sales 72,000
     Purchases 75,000   Opening stock 10,200

11th Accountancy - Ledger Three Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Distinguish between journal and ledger.

  • 2)

    What is ledger? Explain its utilities.

  • 3)

    How is posting made from the journal to the ledger?

  • 4)

    Explain the procedure for balancing a ledger account.

  • 5)

    The following balances appeared in the books of Vinoth on Jan1, 2018
    Assets: Cash Rs.40,000; Stock Rs.50,000; Amount due from Ram Rs.20,000; Machinery Rs.40,000 Liabilities: Amount of due to Vijay Rs.10000 Pass the opening journal entry an deposit them to Vinoth's Capital account.

11th Standard Accountancy Unit 3 Books of Prime Entry Three Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Write a brief note on accounting equation approach of recording transactions.

  • 2)

    What is an Account? Classify the accounts with suitable examples.

  • 3)

    What are the three different types of personal accounts?

  • 4)

    What is the accounting treatment for insurance premium paid on the life of the proprietor?

  • 5)

    State the principles of double entry system of book keeping.

11th Accountancy - Conceptual Framework of Accounting Three Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    What is matching concept? Why should a business concern follow this concept?

  • 2)

    "Only monetary transactions are recorded in accounting". Explain the statement.

  • 3)

    "Business units last indefinitely". Mention and explain the concept on which the statement is based.

  • 4)

    Write a brief note on Accounting Standards.

  • 5)

    What do you mean by IFRS?

11th Accountancy - Introduction to Accounting Three Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Explain the meaning of accounting

  • 2)

    Discuss briefly the branches of accounting.

  • 3)

    Discuss in detail the importance of accounting

  • 4)

    Why are the following parties interested in accounting information?
    (i) Investors
    (ii) Government

  • 5)

    Discuss the role of an accountant in the modern business world.

11th Standard Accountancy - Final Accounts of Sole Proprietors - I Model Question Paper - by Sarathy - Theni - View & Read

  • 1)

    Closing stock is an item of ___________.

  • 2)

    Net profit of the business increases the ______________.

  • 3)

    Balance sheet shows ____________ the of the business.

  • 4)

    Current assets does not include

  • 5)

    _____________ refers to directly related cost.

11th Standard Accountancy - Capital And Revenue Transactions Model Question Paper - by Sarathy - Theni - View & Read

  • 1)

    Amount spent on increasing the seating capacity in a cinema hall is

  • 2)

    Expenditure incurred Rs.20,000 for trial run of a newly installed machinery will be

  • 3)

    Amount received from IDBI as a medium term loan for augmenting working capital

  • 4)

    Pre-operative expenses are

  • 5)

    ___________ items are to be shown in the Balance sheet.

11th Standard Accountancy - Depreciation Accounting Model Question Paper - by Sarathy - Theni - View & Read

  • 1)

    Under straight line method, the amount of depreciation is

  • 2)

    Depreciation is caused by

  • 3)

    A depreciable asset may suffer obsolescence due to______________

  • 4)

    Residual value of an asset means the amount that it can fetch on sale at the ____________of its useful life

  • 5)

    In every business, certain ____________ assets are usedfor the conduct' of business operations.

11th Standard Accountancy - Rectification of Errors Model Question Paper - by Sarathy - Theni - View & Read

  • 1)

    Error of principle arises when

  • 2)

    A transaction not recorded at all is known as an error of

  • 3)

    The total of purchases book was overcast. Which of the following accounts should be debited in the rectifying journal entry?

  • 4)

    The failure of the accountant to record a transaction in the books of accounts is known as ________________

  • 5)

    When errors are located and rectified, _______________ automatically gets closed.

11th Accountancy - Subsidiary Books - II Two Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Give the format of 'Single column cash book'

  • 2)

    What is double column cash book?

  • 3)

    Give the format of 'Double column cash book'.

  • 4)

    What is three column cash book?

  • 5)

    Give any two Examples for a Contra Enty.

11th Accountancy - Bank Reconciliation Statement Two Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    What is meant by bank overdraft?

  • 2)

    What is bank reconciliation statement?

  • 3)

    State any two causes of disagreement between the balance as per bank column of cash book and bank statement.

  • 4)

    Which values are involved in the preparation of bank reconciliation statements?

  • 5)

    When bank column of a cash book shows a credit balance, what doesn't mean?

11th Accountancy - Rectification of Errors Two Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    The following errors were detected before preparation of trial balance. Rectify them.
    (a) Purchases returns book is undercast by Rs 500.
    (b) Purchases returns book is overcast by Rs 600.
    (c) Sales returns book is undercast by Rs 700.
    (d) Sales returns book is overcast by Rs 800.

  • 2)

    The following errors were detected before preparation of trial balance. Rectify them.
    (a) The total of purchases book is carried forward to the next page Rs 100 short.
    (b) The total of purchases returns book is carried forward to the next page Rs 200 excess.
    (c) The total of sales book is carried forward to the next page Rs 300 excess.
    (d) The total of sales returns book is carried forward to the next page Rs 400 short.

  • 3)

    What is meant by error of principle?

  • 4)

    What is meant by error of partial omission?

  • 5)

    State the account/s affected in each of the following errors:
    (a) Goods sold to Vasu on credit for Rs.1,000 was not recorded in the sales book.
    (b) The total of sales book Rs.2,500 was posted twice.

11th Accountancy - Depreciation Accounting Two Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    List out the various methods of depreciation.

  • 2)

    What is annuity method?

  • 3)

    A firm purchased a plant for Rs 40,000. Erection charges amounted to Rs 2,000. Effective life of the plant is 5 years. Calculate the amount of depreciation per year under straight line method

  • 4)

    Furniture was purchased for Rs 60,000 on 1-7-2016. It is expected to last for 5 years. Estimated scrap at the end of five years is Rs 4,000. Find out the rate of depreciation under straight line method.

  • 5)

    A firm acquired a machine on 1st April 2015 at a cost of Rs 50,000. Its life is 6 years. The firm writes off depreciation @ 30% p.a. on the diminishing balance method. The firm closes its books on 31st December every year. Show the machinery account and depreciation account for three years starting from 1st April 2015.

11th Accountancy - Capital And Revenue Transactions Two Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    State with reasons whether the following are capital or revenue or deferred revenue expenditure:
    i) Advertisement expenses amounted to Rs.10 crores to introduce a new product.
    ii) Expenses on freight for purchasing new machinery.
    iii) Freight and insurance on the new machinery and cartage paid to bring the new machinery to the factory.

  • 2)

    State whether the following are capital or revenue items.
    i. Rs.5,000 spent towards additions to buildings.
    ii. Second-hand motorcar purchased for Rs.30,000 and paid  Rs.2,000 as repairs immediately.
    iii. Rs.10,000 was spent on painting the new factory.
    iv. Freight and cartage on the new machine Rs.150, erection charges Rs.200.
    v. Rs.150 spent on repairs before using a second hand car purchased recently.

  • 3)

    Classify the following expenditures and receipts as capital or revenue:
    i) Rs.10,000 spent as travelling expenses of the directors on trips abroad for the purchase of fixed assets.
    ii) Amount received from trade receivables during the year.
    iii) Amount spent on demolition of building to construct a large building on the same site.
    iv) Insurance claim received on account of a machinery damaged by fire.

  • 4)

    Any two examples of deferred revenue expenditure.

  • 5)

    What is revenue receipts? Give any two examples.

11th Accountancy - Final Accounts of Sole Proprietors I Two Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Write a note on trading account.

  • 2)

    What are wasting assets?

  • 3)

    What are fixed assets?

  • 4)

    From the following balances taken from the books of Saravanan, calculate gross profit for the year ended December 31, 2017.

     Particulars   Rs   Particulars   Rs 
      Opening stock       1,50,000   Net sales during the year       4,00,000
      Direct expenses    8,000   Net purchases during the year   1,50,000
      Closing Stock 25,000    
  • 5)

    From the following balances taken from the books of Victor, prepare trading account for the year ended December 31, 2017:

     Particulars   Rs   Particulars   Rs 
      Adjusted purchases      80,000   Closing stock       7,000
      Sales 90,000   Carriage inwards    3,000
      Royalty on purchases of goods    4,000   Import duty on purchases of goods    6,000
      Octroi on purchase of goods 2,000   Dock charges on purchases 5,000
      Cost of goods manufactured 5,000    

11th Accountancy - Computerised Accounting Two Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    What is a computer?

  • 2)

    What is meant by software?

  • 3)

    What is accounting software?

  • 4)

    Name any two accounting packages.

  • 5)

    Give any two examples of readymade software.

11th Accountancy - Final Accounts of Sole Proprietors II Two Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    What is outstanding expense?

  • 2)

    What is prepaid expense?

  • 3)

    What are accrued incomes?

  • 4)

    What is depreciation?

  • 5)

    What is Bad debts?

11th Standard Accountancy - Subsidiary Books I Two Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    What is credit note?

  • 2)

    What is journal proper ?

  • 3)

    Define bill of exchange.

  • 4)

    What is an opening entry ?

  • 5)

    What is an invoice?

11th Standard Accountancy - Trial Balance Two Marks Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    What is trial balance?

  • 2)

    Give the format of trial balance.

  • 3)

    What are the methods of preparation of trial balance?

  • 4)

    State whether the balance of the following accounts should be placed in the debit or the credit column of the trial balance
    (i) Carriage outwards  (ii) Carriage inwards  (iii) Sales (iv) purchases (v) Bad debts (vi) interest paid (vii) Interest received (viii) Discount received (ix) capital (x) Drawings (xi) sales returns (xii) purchase returns 

  • 5)

    What will be the effect on trial balance if purchases return of Rs 10,000has been wrongly posted to the debit of sales return account but correctly entered in the customer's account?

11th Accountancy - Term 1 Model Question Paper - by Sarathy - Theni - View & Read

  • 1)

    The root of financial accounting system is _________

  • 2)

    The profounder of double entry system of book-keeping is

  • 3)

    A firm has assets are of Rs.1,00,000 and the external liabilities of Rs.60,000. Its capital would be ______

  • 4)

    J. F. means ___________

  • 5)

    Trial balance is a_____

11th Accountancy Chapter 4 Ledger Two Marks Question - by Yamuni - Kovilpatti - View & Read

  • 1)

    What is meant by posting?

  • 2)

    What is debit balance?

  • 3)

    What is credit balance?

  • 4)

    What is balancing of an account?

  • 5)

    Give the specimen of ledger account.

11th Accountancy - Books of Prime Entry Two Marks Question - by Yamuni - Kovilpatti - View & Read

  • 1)

    What are source documents?

  • 2)

    What is accounting equation?

  • 3)

    How are personal accounts classified?

  • 4)

    State the accounting rule for nominal account

  • 5)

    Give the Meaning of Debit note.

11th Accountancy - Conceptual Framework of Accounting Two Marks Question - by Yamuni - Kovilpatti - View & Read

  • 1)

    Define Book Keeping.

  • 2)

    What is meant by accounting concepts?

  • 3)

    What is "Full Disclosure Principle" of accounting?

  • 4)

    Write a brief note on 'Consistency' assumption.

  • 5)

    An accountant advised his client, who is a doctor to maintain his accounts on cash basis. Is the advice of accountant correct?

11th Accountancy - Introduction to Accounting Two Marks Question - by Yamuni - Kovilpatti - View & Read

  • 1)

    Define accounting.

  • 2)

    What are the steps involved in the process of accounting?

  • 3)

    Name any two bases of recording accounting information.

  • 4)

    What is cost accounting?

  • 5)

    Who is a proprietor?

11th Accountancy - Term 1 Five Mark Model Question Paper - by Yamuni - Kovilpatti - View & Read

  • 1)

    Prepare accounting equation for the following transactions.
    (a)Murugan commenced business with cash Rs.80,000
    (b) Purchased goods for cash Rs.30,000
    (c) Paid salaries by cash Rs.5,000
    (d) Bought goods from Kumar for Rs.5,000 and deposited the money in CDM.
    (e) Introduced additional capital of Rs.10,000

  • 2)

    Journalise the following transactions in the books of Sundar who is a book seller

    2017 Dec   Rs
    1 Commenced business with cash 2,00,000
    2 Bought goods from X and Co. on credit 80,000
    4 Opened a bank account with 50,000
    5 Sold goods to Naresh who paid the amount through net banking 5,000
    6 Sold goods to Devi who paid through credit card 7,000
    7 Sold goods to Ashish on credit 700
    8 Money withdrawn from bank through ATM for office use 1,000
    9 Purchased a furniture and paid through debit card 2,000
    10 Salaries paid by cash 6,000
    11 Furniture purchased from Y for Rs25,000 and advance given 5,000
  • 3)

    Journalise the following transactions and post them to Ledger.

    2016 Jan   Rs.
    1 Started business with cash 10,000
    5 Paid into bank 5,000
    7 Purchased goods from Ram for cash 1,000
  • 4)

    Journalise the following transactions and prepare ledger accounts.

    2015 Feb.   Rs.
    1 Sold goods for cash 5,000
    2 Purchased goods from Kumar on credit 4,000
    5 Sold goods to Prabu on credit 8,000
    12 Received cash from Prabu 1,200
    20 Paid to Kumar 2,000
    25 Paid salary 3,000
  • 5)

    Prepare a trial balance with the following information:

    Name of the Account Rs Name of the Account Rs
    Purchases  1,00,000 Sales  1,50,000
    Bank Loan 75,000 Creditors 50,000
    Debtors 1,50,000 Cash 90,000
    Stock 35,000 Capital 1,00,000

     

11th Accountancy Quarterly Model Question Paper - by Yamuni - Kovilpatti - View & Read

  • 1)

    The root of financial accounting system is _________

  • 2)

    Accounting is not a modern concept and it is as old as _____________

  • 3)

    In 1494, _________ an Italian developed double-entry book-keeping system.

  • 4)

    Goods returned to suppliers is known as ______ 

  • 5)

    Basic unit for measurement in accounting is _______

TN 11th Standard Accountancy Official Model Question Paper 2019 - 2020 - by Yamuni - Kovilpatti - View & Read

11th Accountancy Unit 14 Computerised Accounting Book Back Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    In accounting, computer is commonly used in the following areas:

  • 2)

    Expand CAS

  • 3)

    Which one of the following is not a method of codification of accounts?

  • 4)

    TALLY is an example of

  • 5)

    Accounting software is an example of

11th Accountancy - Final Accounts of Sole Proprietors - II Book Back Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    A prepayment of insurance premium will appear in

  • 2)

    Net profit is

  • 3)

    Closing stock is valued at

  • 4)

    Accrued interest on investment will be shown

  • 5)

    If there is no existing provision for doubtful debts, provision created for doubtful debts is

11th Accountancy Chapter 12 Final Accounts of Sole Proprietors - I Book Back Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Closing stock is an item of ___________.

  • 2)

    Balance sheet shows ____________ the of the business.

  • 3)

    Salaries appearing in the trial balance is shown on the

  • 4)

    Current assets does not include

  • 5)

    Goodwill is classified as

11th Accountancy - Capital And Revenue Transactions Book Back Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Amount spent on increasing the seating capacity in a cinema hall is

  • 2)

    Expenditure incurred Rs.20,000 for trial run of a newly installed machinery will be

  • 3)

    Interest on bank deposits is

  • 4)

    Revenue expenditure is intended to benefit

  • 5)

    Pre-operative expenses are

11th Accountancy - Depreciation Accounting Book Back Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Under straight line method, the amount of depreciation is

  • 2)

    Under the written down value method of depreciation, the amount of depreciation is

  • 3)

    For which of the following assets, the depletion method is adopted for writing off cost of the asset?

  • 4)

    Which method shall be efficient, if repairs and maintenance cost of an asset increases as it grows older

  • 5)

    Depreciation is to be calculated from the date when

11th Accountancy - Rectification of Errors Book Back Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Error of principle arises when

  • 2)

    Errors not affecting the agreement of trial balance are

  • 3)

    The difference in trial balance is taken to

  • 4)

    Goods returned by Senguttuvan were taken into stock, but no entry was passed in the books. While rectifying this error, which of the following accounts should be debited?

  • 5)

    The total of purchases book was overcast. Which of the following accounts should be debited in the rectifying journal entry?

11th Accountancy - Bank Reconciliation Statement Book Back Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    A bank reconciliation statement is prepared by ___________.

  • 2)

    A bank reconciliation statement is prepared with the help of ___________.

  • 3)

    When money is withdrawn from bank, the bank ____________.

  • 4)

    Balance as per cash book is Rs. 2,000. Bank charge of Rs. 50 debited by the bank is not yet shown in the cash book. What is the bank statement balance now?

  • 5)

    Balance as per bank statement is Rs. 1,000. Cheque deposited, but not yet credited by the bank is Rs. 2,000. What is the balance as per bank column of the cash book?

11th Standard Accountancy Chapter 7 Subsidiary Books - II Book Back Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Cash book is a_______

  • 2)

    Which of the following is recorded as contra entry?

  • 3)

    If the debit and credit aspects of a transaction are recorded in the cash book, it is ______.

  • 4)

    The balance in the petty cash book is_____.

  • 5)

    Small payments are recorded in a book called_____.

11th Standard Accountancy Chapter 6 Subsidiary Books - I Book Back Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Purchases book is used to record______

  • 2)

    Purchases of-fixed assets on credit basis is recorded in_______

  • 3)

    The source document or voucher used for recording entries in sales book is ____

  • 4)

    Which of the following statements is not true?

  • 5)

    Closing entries are recorded in _____

11th Standard Accountancy Chapter 5 Trial Balance Book Back Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Trial balance is a_____

  • 2)

    The trial balance contains the balances of_____

  • 3)

    The account which has a debit balance and is shown in the debit column of the trial balance is_______

  • 4)

    The difference of totals of both debit and credit side of trial balance is transferred to :

  • 5)

    Trial balance is prepared:

11th Standard Accountancy Chapter 3 Books of Prime Entry Book Back Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Accounting equation signifies _______

  • 2)

    Which one of the following is representative personal account?

  • 3)

    Withdrawal of cash from business by the proprietor should be credited to________

  • 4)

    What are source documents?

  • 5)

    What is real account?

11th Standard Accountancy Unit 4 Ledger Book Back Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    Main objective of preparing ledger account is to _________

  • 2)

    The process of transferring the debit and credit items from journal to ledger accounts is called _____________..

  • 3)

    J. F. means ___________

  • 4)

    If the total of the debit side of an account exceeds the total of its credit side, it means

  • 5)

    The amount brought into the business by the proprietor should be credited to

11th Standard Accountancy Unit 2 Conceptual Framework of Accounting Book Back Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    The business is liable to the proprietor of the business in respect of capital introduced by the person according to

  • 2)

    The profounder of double entry system of book-keeping is

  • 3)

    The concept which assumes that a business will last indefinitely is

  • 4)

    In India, Accounting Standards are issued by

  • 5)

    Which of the following does not follow dual aspect concept?

11th Standard Accountancy - Introduction to Accounting Book Back Questions - by Yamuni - Kovilpatti - View & Read

  • 1)

    The root of financial accounting system is _________

  • 2)

    Which one of the following is not a main objective of Accounting?

  • 3)

    Which one of the following is not a branch of accounting?

  • 4)

    Financial position of a business is ascertained on the basis of ______________ .

  • 5)

    Who is considered to be the internal user of the financial information

11th Standard Accountancy - Rectification of Errors One Mark Question and Answer - by Yamuni - Kovilpatti - View & Read

  • 1)

    Error of principle arises when

  • 2)

    Errors not affecting the agreement of trial balance are

  • 3)

    When errors are located and rectified, _______________ automatically gets closed.

  • 4)

    Errors which affect one side of an account are called.

  • 5)

    Amount spent on servicing office Typewriter should be debited to:

11th Standard Accountancy - Bank Reconciliation Statement One Mark Question with Answer Key - by Yamuni - Kovilpatti - View & Read

  • 1)

    A bank reconciliation statement is prepared by ___________.

  • 2)

    A bank reconciliation statement is prepared with the help of ___________.

  • 3)

    Debit balance in the bank column of the cash book means ____________.

  • 4)

    A bank reconciliation statement is prepared by the____________

  • 5)

    Debit balance in the Cash book means________________

11th Standard Accountancy - Subsidiary Books - II One Mark Question and Answer - by Yamuni - Kovilpatti - View & Read

  • 1)

    Cash book is a_______

  • 2)

    The cash book records____.

  • 3)

    When a firm maintains a simple cash book, it need not maintain_______.

  • 4)

    All the transactions which decrease bank balance are recorded in the ___________ column on the Credit side.

  • 5)

    In addition to cash dealings, every business may use cheques as a means of ___________

11th Standard Chapter 6 Subsidiary Books - I One Mark Question with Answer Key - by Yamuni - Kovilpatti - View & Read

  • 1)

    Purchases book is used to record______

  • 2)

    Sales return book is used to record_________

  • 3)

    Purchases of-fixed assets on credit basis is recorded in_______

  • 4)

    The sub-division of work gives the advantage of specialisation leading to _____

  • 5)

    ______ is one of the most important books, in which credit purchases of goods are recorded.

11th Standard Accountancy Unit 5 Trial Balance One Mark Question and Answer - by Yamuni - Kovilpatti - View & Read

  • 1)

    Trial balance is a_____

  • 2)

    After the preparation of ledger, the next step is the preparation of

  • 3)

    The trial balance contains the balances of_____

  • 4)

    The difference of totals of both debit and credit side of trial balance is transferred to :

  • 5)

    Trial balance is prepared:

11th Standard Accountancy Chapter 4 Ledger - One Mark Question with Answer Key - by Yamuni - Kovilpatti - View & Read

  • 1)

    Main objective of preparing ledger account is to _________

  • 2)

    The process of transferring the debit and credit items from journal to ledger accounts is called _____________..

  • 3)

    The amount brought into the business by the proprietor should be credited to

  • 4)

    ___________ is known as principal book of accounts because It is very useful for a business enterprise.

  • 5)

    The financial statements can be prepared from the ____________ balances.

11th Accountancy Unit 3 Books of Prime Entry - One Mark Question with Answer Key - by Yamuni - Kovilpatti - View & Read

  • 1)

    Accounting equation signifies _______

  • 2)

    'Cash withdrawn by the proprietor from the business for his personal use' causes ____

  • 3)

    Real account deals with ______

  • 4)

    Which one of the following is representative personal account?

  • 5)

    Withdrawal of cash from business by the proprietor should be credited to________

11th Accountancy - Conceptual Framework of Accounting One Mark Question Paper - by Yamuni - Kovilpatti - View & Read

  • 1)

    The business is liable to the proprietor of the business in respect of capital introduced by the person according to

  • 2)

    The profounder of double entry system of book-keeping is

  • 3)

    The concept which assumes that a business will last indefinitely is

  • 4)

    GAAPs are:

  • 5)

    The rule of stock valuation 'cost price or realisable value' whichever is lower is based on the accounting principle of :

11th Accountancy Introduction to Accounting One Mark Question Paper - by Yamuni - Kovilpatti - View & Read

  • 1)

    The root of financial accounting system is _________

  • 2)

    Which one of the following is not a main objective of Accounting?

  • 3)

    Who is considered to be the internal user of the financial information

  • 4)

    _____________must be properly maintained to increase their productivity.

  • 5)

    ____________of a business have to be repaid in due time.

11th Accountancy Subsidiary Books - II Model Question Paper - by Yamuni - Kovilpatti - View & Read

  • 1)

    In Triple column cash book, the balance of bank overdraft brought forward will appear in_________

  • 2)

    The balance in the petty cash book is_____.

  • 3)

    ____________ is maintained by every business, whether small or large is size

  • 4)

    _________ transactions are not recorded in the cash book

  • 5)

    The ______________ column Cash book is prepared on the lines of simple cash book

11th Accountancy Chapter 6 Subsidiary Books - I Model Question Paper - by Yamuni - Kovilpatti - View & Read

  • 1)

    Sales return book is used to record_________

  • 2)

    The source document or voucher used for recording entries in sales book is ____

  • 3)

    ______ is one of the most important books, in which credit purchases of goods are recorded.

  • 4)

    _____ in duplicate is prepared in the name of the buyer when goods are returned

  • 5)

    _____ is a statement prepared by a trader who receives back from his customer the goods sold.

11th Accountancy Unit 5 Trial Balance Model Question Paper - by Yamuni - Kovilpatti - View & Read

  • 1)

    While preparing the trial balance, the accountant finds that the total of the credit column is short by Rs.200. This difference will be

  • 2)

    A list which contains balances of accounts to know whether the debit and credit balances are matched is___

  • 3)

    Trial balance is prepared:

  • 4)

    The preparation of ___________ is the third step in the accounting process.

  • 5)

    The trial balance helps in discovering errors which may have been committed in the __________.

11th Standard Accountancy First Mid Term Model Question Paper - by Yamuni - Kovilpatti - View & Read

  • 1)

    Which one of the following is not a branch of accounting?

  • 2)

    Which one of the following is/are the objectives of accounting?

  • 3)

    A person who receives benefit without giving money or money's worth immediately is _______

  • 4)

    ___________________does not mean that the asset will always be shown at cost.

  • 5)

    IFRS are

11th Standard Accountancy Chapter 4 Ledger Model Question Paper - by Yamuni - Kovilpatti - View & Read

  • 1)

    If the total of the debit side of an account exceeds the total of its credit side, it means

  • 2)

    The amount brought into the business by the proprietor should be credited to

  • 3)

    ___________ is known as principal book of accounts because It is very useful for a business enterprise.

  • 4)

    The financial statements can be prepared from the ____________ balances.

  • 5)

    The ledger account is prepared in ______________ format.

11th Standard Accountancy Chapter 3 Books of Prime Entry Important Question Paper - by Yamuni - Kovilpatti - View & Read

  • 1)

    Accounting equation signifies _______

  • 2)

    'Cash withdrawn by the proprietor from the business for his personal use' causes ____

  • 3)

    Which one of the following is representative personal account?

  • 4)

    Prepaid rent is a ____

  • 5)

    ________ is prepared in three copies.

11th Standard Accountancy Unit 2 Conceptual Framework of Accounting Important Question Paper - by Yamuni - Kovilpatti - View & Read

  • 1)

    The business is liable to the proprietor of the business in respect of capital introduced by the person according to

  • 2)

    The profounder of double entry system of book-keeping is

  • 3)

    Which of the following does not follow dual aspect concept?

  • 4)

    ___________ is the process of recording business transactions in the books of accounts in a systematic way.

  • 5)

    When money came into existence, ____________ activities involving money also flourished along with it.

11th Accountancy - Unit 1 Model Question Paper - by Yamuni - Kovilpatti - View & Read

  • 1)

    The root of financial accounting system is _________

  • 2)

    Which one of the following is not a main objective of Accounting?

  • 3)

    Who is considered to be the internal user of the financial information

  • 4)

    _____________has rightly been termed as the language of the business.

  • 5)

    _____________must be properly maintained to increase their productivity.

11th Standard Accountancy Public Exam March 2019 Important Creative 3 Mark Questions and Answers - by Anuya - View & Read

  • 1)

    Explain the term transactions

  • 2)

    Briefly explain the following terms
    a) Account
    b) Voucher
    c) Invoice

  • 3)

    Write short notes on
    a) Capital
    b) Assets
    c) Liabilities

  • 4)

    What are the informational needs of internal users?

  • 5)

    Explain the objectives of Accounting?

11th Standard Accountancy Public Exam March 2019 Important Creative One Mark Test - by Anuya - View & Read

  • 1)

    _____________must be properly maintained to increase their productivity.

  • 2)

    ____________also require accounting records to submit in courts to prove their claims.

  • 3)

    ______________ wrote his 'Summa de arithmetical'.

  • 4)

    ________________use the accounting data in their bargaining strategies with the management.

  • 5)

    The activities of a business, which involve transfer of money or money's worth are called _______________

11th Standard Accountancy Public Exam March 2019 Important Creative Questions and Answers - by Anuya - View & Read

  • 1)

    Define accounting.

  • 2)

    Who are the parties interested in accounting information?

  • 3)

    What is cost accounting?

  • 4)

    What is bad debt?

  • 5)

    What is a Voucher?

11th Standard Accountancy Public Exam March 2019 Important 5 Marks Questions - by Anuya - View & Read

  • 1)

    Narrate the evolution of accounting

  • 2)

    What are the bases of accounting? and briefly explain it.

  • 3)

    Prepare accounting equation for the following transactions.
    (a)Murugan commenced business with cash Rs.80,000
    (b) Purchased goods for cash Rs.30,000
    (c) Paid salaries by cash Rs.5,000
    (d) Bought goods from Kumar for Rs.5,000 and deposited the money in CDM.
    (e) Introduced additional capital of Rs.10,000

  • 4)

    Create an accounting equation on the basis of the following transactions:
    (i) Started business with cash Rs 80,000 and goods Rs.75,000
    (ii) Sold goods to Shanmugam on credit for Rs.50,000
    (iii) Received cash from Shanmugam in full settlement Rs. 49,000
    (iv) Salary outstanding Rs.3,000
    (v) Goods costing Rs.1,000 given as charity
    (vi) Insurance premium paid Rs.3000
    (vii) Out of insurance premium paid, prepaid is Rs.500

  • 5)

    Karthick opened a provisions store on pt April, 2017. Journalise the following transactions in his books:

    2017 April   Rs
    1 Paid into bank for opening a current account 2,00,000
    3 Goods purchased by cheque 40,000
    5 Investments made in securities 40,000
    6 Goods sold to Radha for Rs.20,000 and cheque received and deposited into bank  
    7 Amount withdrawn from bank for office use 15,000
    10 Purchased goods from Kamala and cash deposited in CDM 10,000
    12 Sold goods to Vanitha who paid through debit card 10,000
    15 Interest on securities directly received by the bank 1,000
    20 Insurance paid by the bank as per standing instructions 2,000
    25 Sales made to Kunal who made payment through CDM 6,000

11th Standard Accountancy Public Exam March 2019 Important One Marks Questions - by Anuya - View & Read

  • 1)

    Which one of the following is not a main objective of Accounting?

  • 2)

    Who is considered to be the internal user of the financial information

  • 3)

    Who developed the double - entry book - keeping system?

  • 4)

     Accounting information helps government in the field of ________

  • 5)

    Hybrid basis of accounting is _______

11th Standard Accountancy Public Exam March 2019 Important One Mark Questions - by Anuya - View & Read

  • 1)

    Which one of the following is not a main objective of Accounting?

  • 2)

    Who is considered to be the internal user of the financial information

  • 3)

    ____________of a business have to be repaid in due time.

  • 4)

    _____________ provides the relevant data to make appropriate decisions.

  • 5)

    The industrial revolution took place in _______

Plus One Accountancy Public Exam Official Model Question Paper 2019 - by Anuya - View & Read

  • 1)

    The root of financial accounting system is _________

  • 2)

     Accounting information helps government in the field of ________

  • 3)

    GAAPs are:

  • 4)

    Which one of the following is representative personal account?

  • 5)

    Which one of the following is representative personal account?

11th Standard Accountancy Public Exam March 2019 Model Test Question Paper - by Anuya - View & Read

  • 1)

    Financial position of a business is ascertained on the basis of ______________ .

  • 2)

    The activity of a business, which does not involved by cash but it will be paid or received later is _______

  • 3)

    In India, Accounting Standards are issued by

  • 4)

    'Cash withdrawn by the proprietor from the business for his personal use' causes ____

  • 5)

    When settlement is not made by each or through bank immediately in a transaction, it is called _______________.

11th Standard Accountancy Introduction to Accounting Important Questions - by Anuya - View & Read

  • 1)

    Which one of the following is not a main objective of Accounting?

  • 2)

    Who is considered to be the internal user of the financial information

  • 3)

    _____________must be properly maintained to increase their productivity.

  • 4)

    Double- entry book-keeping first emerged in Italy in the ___________ century.

  • 5)

    The document prepared by the seller when he sells goods to the buyer is _____________.

1th Standard Accountancy Third Revision Test Question Paper 2019 - by Anuya - View & Read

  • 1)

    Who is considered to be the internal user of the financial information

  • 2)

    The term TDS in taxation refers to _______

  • 3)

    In India, Accounting Standards are issued by

  • 4)

    In double entry system of book keeping, every business transaction affects ______

  • 5)

    Capital account is classified under________.

11th Standard Accountancy Model Public Exam Questions and Answers 2019 - by Anuya - View & Read

  • 1)

    Who is considered to be the internal user of the financial information

  • 2)

    Withdrawn from the business by the owner for the personal use is called _______.

  • 3)

    The business is liable to the proprietor of the business in respect of capital introduced by the person according to

  • 4)

    The incorrect accounting equation _________

  • 5)

    Rent outstanding is _________

11th Standard Accountancy Second Revision Test 2019 Important Questions and Answers 2018-19 - by Anuya - View & Read

  • 1)

    Which one of the following is not a branch of accounting?

  • 2)

    When goods meant for resale are sold it is called as ______

  • 3)

    The profounder of double entry system of book-keeping is

  • 4)

    The incorrect accounting equation _________

  • 5)

    Madhan spent Rs.2,000 as repair on purchases of machine from scrap dealer. The transaction will ____

11th Accountancy Books of Prime Entry Important Questions - by Anuya - View & Read

  • 1)

    'Cash withdrawn by the proprietor from the business for his personal use' causes ____

  • 2)

    Which one of the following is representative personal account?

  • 3)

    In double entry system of book keeping, every business transaction affects ______

  • 4)

    ________ is prepared in three copies.

  • 5)

    _________ is a negotiable instrument.

11th Standard Accountancy Model Question Paper - by Anuya - View & Read

  • 1)

    Financial position of a business is ascertained on the basis of ______________ .

  • 2)

    Buying of goods with an intention of resale is ________

  • 3)

    The concept which assumes that a business will last indefinitely is

  • 4)

    'Cash withdrawn by the proprietor from the business for his personal use' causes ____

  • 5)

    Nominal account is classified under__________.

11th Accountancy Half Yearly Model Questions and Answers - by Anuya - View & Read

  • 1)

    Which one of the following is not a main objective of Accounting?

  • 2)

    Two or more business units forming a single entity is known as __________.

  • 3)

    Which of the following does not follow dual aspect concept?

  • 4)

    'Cash withdrawn by the proprietor from the business for his personal use' causes ____

  • 5)

    An entry is passed in the beginning of current year is called

Final Accounts of Sole Proprietors - II Important Questions from 12th - by Anuya - View & Read

  • 1)

    A prepayment of insurance premium will appear in

  • 2)

    If there is no existing provision for doubtful debts, provision created for doubtful debts is

  • 3)

    Outstanding expense account is a representative ______ account.

  • 4)

    ______ is treated asbusiness expense.

  • 5)

    Provision for discount on debtor is made on the basis of past experience at an estimated rate on _____

Computerised Accounting Important Questions - 11th Accountancy - by Anuya - View & Read

  • 1)

    Customised accounting software is suitable for

  • 2)

    TALLY is an example of

  • 3)

    ___________ codes are applied primarily to source documents.such as cheques, invoices, etc.

  • 4)

    A computer system accepts input in the form of raw data, processes it and gives desired results called ______________

  • 5)

    Computerised accounting system refers to the system of maintaining accounts using ___________

11th Accountancy One Marks Test - by Anuya - View & Read

  • 1)

    Which one of the following is not a branch of accounting?

  • 2)

    ____________of a business have to be repaid in due time.

  • 3)

    The famous book "Arthasastra" was written by

  • 4)

    The concept which assumes that a business will last indefinitely is

  • 5)

    When money came into existence, ____________ activities involving money also flourished along with it.

11th Accountancy One Marks Test - by Anuya - View & Read

  • 1)

    Which one of the following is not a main objective of Accounting?

  • 2)

    ______________ wrote his 'Summa de arithmetical'.

  • 3)

    The activities of a business, which involve transfer of money or money's worth are called _______________

  • 4)

    In 1494, _________ an Italian developed double-entry book-keeping system.

  • 5)

    Incapability of a person or an enterprise to pay the debts is known as ______

12th Standard Accountancy Final Accounts of Sole Proprietors - II Important Question Paper - by Anuya - View & Read

  • 1)

    A prepayment of insurance premium will appear in

  • 2)

    If there is no existing provision for doubtful debts, provision created for doubtful debts is

  • 3)

    _____ principle requires that generally the revenue should be recognised in the period in which sale is deemed to have occurred.

  • 4)

    ______ is treated asbusiness expense.

  • 5)

    _______ is a loss for the business and should be adjusted against profit.

11th Accountancy Half Yearly Model Question Paper 1 - by Anuya - View & Read

  • 1)

    Who is considered to be the internal user of the financial information

  • 2)

    Double- entry book-keeping first emerged in Italy in the ___________ century.

  • 3)

    The concept which assumes that a business will last indefinitely is

  • 4)

    __________ is useful to find out tax liability in case of sales tax, income tax, property tax, etc

  • 5)

    Accounting equation is formed based on the accounting principle of ______

11th Accountancy Important Question Paper 4 - by Anuya - View & Read

  • 1)

    Which one of the following is not a main objective of Accounting?

  • 2)

    _______________is provided with a complete picture of the liquidity, profitability and solvency aspects of the business.

  • 3)

    The profounder of double entry system of book-keeping is

  • 4)

    __________________ is basically generating financial information.

  • 5)

    While preparing the trial balance, the accountant finds that the total of the credit column is short by Rs.200. This difference will be

11th Accountancy Model Paper - by Anuya - View & Read

  • 1)

    Who are the parties interested in accounting information?

  • 2)

    What is meant by drawings?

  • 3)

    Write a brief note on 'Consistency' assumption.

  • 4)

    Name the accounting concept or convention associated with the following.
    (i) Assets are recorded at cost, irrespective of the market price.
    (ii) Life of a business should be divided into smaller periods.
    (iii) Accounting transactions should be free from basis of accountants and others

  • 5)

    Mr Ganesh an accountant of XYZ co. in order to match the trial balance passed a dummy entry without any proof of the transaction and did not even inform the senior about it. Identify the value being violated by the accountant.

11th Accountancy Important Question Paper 3 - by Anuya - View & Read

  • 1)

    _______________is provided with a complete picture of the liquidity, profitability and solvency aspects of the business.

  • 2)

    Accounting gives information on

  • 3)

    The business is liable to the proprietor of the business in respect of capital introduced by the person according to

  • 4)

    The word ___________ refers to traditions or customs.

  • 5)

    A list which contains balances of accounts to know whether the debit and credit balances are matched is___

Model Paper 2 Of 11th Accountancy - by Anuya - View & Read

  • 1)

    Which one of the following is not a branch of accounting?

  • 2)

    _______________is concerned with identification, quantification and reporting of investments made in human resources.

  • 3)

    The business is liable to the proprietor of the business in respect of capital introduced by the person according to

  • 4)

    ASB was constituted in India in the year of __________.

  • 5)

    While preparing the trial balance, the accountant finds that the total of the credit column is short by Rs.200. This difference will be

Model Paper 1 Of 11th Accountancy - by Anuya - View & Read

  • 1)

    The root of financial accounting system is _________

  • 2)

    _____________must be properly maintained to increase their productivity.

  • 3)

    The rule of stock valuation 'cost price or realisable value' whichever is lower is based on the accounting principle of :

  • 4)

    ___________ requires that all accounting transactions recorded should be based on objective evidence.

  • 5)

    Trial balance is prepared:

11th Accountancy Model Quarterly Question Paper - by K.V.Matric Higher Secondary School - View & Read

  • 1)

    The root of financial accounting system is _________

  • 2)

    Accounting is not a modern concept and it is as old as _____________

  • 3)

    All the business transactions are recorded in the book of _______________

  • 4)

    The famous book "Arthasastra" was written by

  • 5)

    The profounder of double entry system of book-keeping is

Important One Mark Question Paper In 11th Accountancy - by Anuya - View & Read

  • 1)

    _____________has rightly been termed as the language of the business.

  • 2)

    Who developed the double - entry book - keeping system?

  • 3)

    Accounting gives information on

  • 4)

    The balance in the trading account is the gross profit or __________.

  • 5)

    ___________ is the incapability of a person or an enterprises to pay the debts.

Important Questions Of Rectification Of Errors 11th Accountancy - by Anuya - View & Read

  • 1)

    Error of principle arises when

  • 2)

    Errors not affecting the agreement of trial balance are

  • 3)

    The difference in trial balance is taken to

  • 4)

    A transaction not recorded at all is known as an error of

  • 5)

    Wages paid for installation of machinery wrongly debited to wages account is an error of

Important Question Paper Of Reconciliation Statement 11th Accountancy - by Anuya - View & Read

  • 1)

    A bank reconciliation statement is prepared by ___________.

  • 2)

    A bank reconciliation statement is prepared with the help of ___________.

  • 3)

    Debit balance in the bank column of the cash book means ____________.

  • 4)

    A bank statement is a copy of ____________.

  • 5)

    A bank reconciliation statement is prepared to know the causes for the difference between:

Subsidiary Books 2 Important Question Paper 11th Accountancy - by Anuya - View & Read

  • 1)

    Cash book is a_______

  • 2)

    The cash book records____.

  • 3)

    When a firm maintains a simple cash book, it need not maintain_______.

  • 4)

    A cash book with discount, cash and bank column is called_______

  • 5)

    In Triple column cash book, the balance of bank overdraft brought forward will appear in_________

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TN Stateboard Education Study Materials

TN Stateboard Updated Class 11th Accountancy Syllabus

Introduction to Accounting

Introduction-Evolution of Accounting-Meaning and Definition of Accounting-Accounting Cycle-Objectives of Accounting-Functions of Accounting-Importance of Accounting-Basic Accounting Terminologies-Branches of Accounting-Bases of Accounting-Users of Accounting Information-Role of an Accountant

Conceptual Framework of Accounting

Book-keeping-An Introduction-Book-keeping Vs. Accounting-Relationship among Book-keeping, Accounting and Accountancy-Accounting Principles-Accounting Standards (AS)-International Financial Reporting Standards (IFRS)-Accounting Standards in India

Books of Prime Entry

Introduction-Source Documents-Double Entry System-Transaction-Account-Approaches of Recording Transactions-Accounting Rules-Journal Entries

Ledger

Introduction-Utilities of Ledger-Format of Ledger Account-Distinction between Journal and Ledger-Procedure for Posting-Balancing of Ledger Accounts

Trial Balance

Introduction-Need for Preparing Trial Balance-Definition of Trial Balance-Features of Trial Balance-Objectives of Preparing Trial Balance-Limitations of Trial Balance-Methods of Preparing Trial Balance-Suspense Account

Subsidiary Books – I

Introduction-Meaning of Subsidiary Books-Types of Subsidiary Books-Advantages of Subsidiary Books-Purchases Book-Purchases Returns Book-Sales Book-Sales Returns Book-Bills of Exchange-Bills Receivable Book-Bills Payable Book-Journal Proper

Subsidiary Books – II

Introduction-Meaning of Cash Book-Cash Book – A Subsidiary Book and Principal Book of Accounts-Importance of Cash Book-Types of Cash Book-Single Column Cash Book-Cash Discount and Trade Discount-Double Column Cash Book-Three Column Cash Book-Petty Cash Book

Bank Reconciliation Statement

Introduction-Bank Reconciliation Statement (BRS)-Reason why Bank Column of Cash Book and Bank Statement may Differ-Preparation of Bank Reconciliation Statement

Rectification of Errors

Introduction-Meaning of Errors-Errors at Different Stages of Accounting-Classifications of Errors-Errors Disclosed by the Trial Balance and Errors Not Disclosed by the Trial Balance-Steps to Locate Errors-Suspense Account-Rectification of Errors-Errors in Computerised Accounting

Depreciation Accounting

Introduction-Depreciation – Meaning and Definition-Objectives of Providing Depreciation-Causes of Depreciation-Characteristics of Depreciation-Factors Determining The Amount of Depreciation-Methods of Providing Depreciation-Methods of Recording Depreciation-Calculation of Profit or Loss on Sale of Asset

Capital and Revenue Transactions

Introduction-Considerations in Determining Capital and Revenue Expenditures-Classification of Expenditure-Capital Expenditure-Revenue Expenditure-Deferred Revenue Expenditure-Comparison of Capital, Revenue and Deferred Revenue Expenditure-Capital and Revenue Receipts-Distinction between Capital and Revenue Receipts

Final Accounts of Sole Proprietors – I

Introduction-Closing Entries and Opening Entry-Trading Account-Profit and Loss Account-Balance Sheet-Difference between Trial Balance and Balance Sheet

Final Accounts of Sole Proprietors – II

Introduction-Adjustment Entries and Accounting Treatment of Adjustments-Summary of Adjusting Entries and Accounting Treatment of Adjustments-Final Accounts with Adjustments

Computerised Accounting

Introduction-Computerised Accounting System (CAS)-Advantages of Computerised Accounting System-Limitations of Computerised Accounting System-Differences between Manual and Computerised Accounting System-Accounting Software-Grouping and Codification of Accounts-Microsoft Office-MS Word and MS Excel Practical

TN StateboardStudy Material - Sample Question Papers with Solutions for Class 11 Session 2019 - 2020

Latest Sample Question Papers & Study Material for class 11 session 2019 - 2020 for Subjects Maths, Commerce, Economics, Biology, Business Maths, Computer Science, Physics, Chemistry, Computer Applications , History , Computer Technology in PDF form to free download [ available question papers ] for practice. Download QB365 Free Mobile app & get practice question papers.

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