11th Standard Syllabus & Materials

11th Standard

TN 11th Tamil இயற்கை வேளாண்மை,சுற்றுச்சூழல் -செய்யுள் - மனோன்மணீயம் Important Questions And Answers Study Material - QB365 Set A

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TN 11th Tamil என்னுயிர் என்பேன் -துணைப்பாடம் - இசைத்தமிழர் இருவர் Important Questions And Answers Study Material - QB365 Set A

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11th Standard

TN 11th Tamil மொழி கலை -செய்யுள் - ஒவ்வொரு புல்லையும் Important Questions And Answers Study Material - QB365 Set A

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TN 11th Tamil பீடு பெற நில் - இலக்கணம் - பகுபத உறுப்புகள் Important Questions And Answers Study Material - QB365 Set A

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11th Standard

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

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

11th Standard Accounts English Medium Free Online Test Creative 1 Mark Questions - Part Five

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

Take MCQ Accountancy Test

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Std: 11th Standard - Accountancy

chapter: - Model Question paper

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Questions:

Multiple Choice Question

10 x 1 = 10

Statement: Under which method the value of an asset can never be completely extinguished. Find out which of the following is related to the statement.

(a)

Straight line method

(b)

Diminishing balance method

(c)

Annuity method

(d)

Depletion method

Journal Proper is used to record________.

(a)

All cash and credit transaction

(b)

Cash and credit sales

(c)

Cash and credit purchases

(d)

adjusting and closing entries

Capital = Rs.60,000; Assets = Rs.1,35,000; Liabilities = ?

(a)

Rs. 1,95,000

(b)

Rs.75,000

(c)

Rs.60,000

The Liabilities which are to be repaid after one year or more are termed as __________

(a)

Long-term liabilities

(b)

Short-term liabilities

(c)

Contingent liabilities

(d)

None of these

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

(a)

Sequential codes

(b)

Block codes

(c)

Mnemonic codes

(d)

None of these

The income which has been earned during the current accounting year but .not received till the end of that accounting year is called as _____

(a)

Outstanding expenses

(b)

Prepaid expenses

(c)

accrued income

(d)

Received income

Entries in the purchases day book are made from invoices which are popularly known as _____

(a)

Invoice

(b)

Bills

(c)

Journals

(d)

Ledger

Nominal account having Debit balance represents _________________

(a)

income/gain

(b)

expenses/losses

(c)

liability

(d)

assets

A firm purchased five briefcases for its managers costing Rs.1000 each. The accountant charged it to profit and loss account instead of showing as an asset this was done under _______

(a)

Consistency concept

(b)

Business entity concept

(c)

Money measurement concept

(d)

Materiality concept

10.

_______________involves recording of transactions and events which are financial in nature.

(a)

Financial Accounting