11th Standard Syllabus & Materials

11th Standard

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11th Standard

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11th Standard

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11th Standard

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11th Standard

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11th Standard Accounts English Medium Free Online Test Book Back One Mark Questions

Published on: 16/11/2020

Download Tamil Nadu 11th Standard Accountancy question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.

Questions + Answers key

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Std: 11th Standard - Accountancy

chapter: - Model Question paper

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Questions:

Multiple Choice Question

10 x 1 = 10

Under straight line method, the amount of depreciation is ____.

(a)

Increasing every year

(b)

Decreasing every year

(c)

Constant for all the years

(d)

Fluctuating every year

Error of principle arises when _______.

(a)

There is complete omission of a transaction

(b)

There is partial omission of a transaction

(c)

Distinction is not made between capital and revenue items

(d)

There are wrong postings and wrong castings

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

(a)

Capital expenditure

(b)

Revenue expenditure

(c)

Deferred revenue expenditure

(d)

None of the above.

A bank reconciliation statement is prepared by ______.

(a)

Bank

(b)

Business

(c)

Debtor to the business

(d)

Creditor to the Business

Accounting equation signifies

(a)

Capital of a business is equal to assets

(b)

Liabilities of a business are equal to assets

(c)

Capital of a business is equal to liabilities

(d)

Assets of a business always equal to the total of capital and liabilities

Cash book is a_______

(a)

Subsidiary book

(b)

Principal book

(c)

Journal proper

(d)

Both subsidiary book and principal book

Purchases book is used to record______

(a)

all purchases of goods

(b)

all credit purchases of assets

(c)

all credit purchases of goods

(d)

all purchases of assets

Trial balance is a_____

(a)

Statement

(b)

Account

(c)

Ledger

(d)

Journal

Main objective of preparing ledger account is to

(a)

Ascertain the financial position

(b)

Ascertain the profit or loss

(c)

Ascertain the profit or loss and the financial position

(d)

Know the balance of each ledger account

10.

The root of financial accounting system is ______.

(a)

Social accounting

(b)

Stewardship accounting

(c)

Management accounting

(d)

Responsibility accounting

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Answers Key:

Multiple Choice Question

10 x 1 = 10

(a)
Capital expenditure

(b)
Business

(d)
Assets of a business always equal to the total of capital and liabilities

(d)
Both subsidiary book and principal book

(a)
Statement

(d)
Know the balance of each ledger account

10.

(b)
Stewardship accounting

11th Standard Syllabus & Materials

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11th Standard

TN 11th Tamil பீடு பெற நில் - செய்யுள் - காவடிச்சிந்து Important Questions And Answers Study Material - QB365 Set A

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11th Standard

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11th Standard

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11th Standard

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NEW MCQ Practice Test - Tamilnadu Stateboard Class 11

Accountancy Tamilnadu Stateboard Class 11 MCQ Practice Test

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Accountancy Tamilnadu Stateboard Class 11 MCQ Practice Tests

Tamilnadu Stateboard Class 11 MCQ Practice Test

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Tamilnadu Stateboard Class 11 MCQ Practice Tests

11th Standard Study Materials

Model Question paper

Previous Year Question paper

Revision Test

Quarterly Exams

Half Yearly Exams

Important Questions

Creative Questions

Tamilnadu Stateboard Standards

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11th Standard

9th Standard

6th Standard

10th Standard

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8th Standard