11th Standard Syllabus & Materials
11th Standard
TN 11th Tamil இயற்கை வேளாண்மை,சுற்றுச்சூழல் -செய்யுள் - மனோன்மணீயம் Important Questions And Answers Study Material - QB365 Set A
NEW11th Standard
TN 11th Tamil என்னுயிர் என்பேன் -துணைப்பாடம் - இசைத்தமிழர் இருவர் Important Questions And Answers Study Material - QB365 Set A
NEW11th Standard
TN 11th Tamil மொழி கலை -செய்யுள் - ஒவ்வொரு புல்லையும் Important Questions And Answers Study Material - QB365 Set A
NEW11th Standard
TN 11th Tamil பீடு பெற நில் - இலக்கணம் - பகுபத உறுப்புகள் Important Questions And Answers Study Material - QB365 Set A
NEW11th Standard
TN 11th Tamil பீடு பெற நில் - துணைப்பாடம் - வாடிவாசல் Important Questions And Answers Study Material - QB365 Set A
NEW11th Standard
TN 11th Tamil பீடு பெற நில் - செய்யுள் - குறுந்தொகை Important Questions And Answers Study Material - QB365 Set A

Published on: 18/11/2020
11th Standard Accounts Final Accounts of Sole Proprietors - II English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021
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

1.
Income tax paid by the business for the proprietor is treated as _________
Expense
Profit and Loss A/c
Drawings
None of these
2.
If closing stock is already adjusted, adjusted purchase account and ____________ stock will appear in trial balance
Opening
Closing
Average
None of these
3.
Debts which cannot be recovered or irrecoverable are called _________.
Bad debts
Depreciation
Closing stock
Capital
4.
The trial balance shows Investment 3,00,000 at 10% on 01-01-2017. Income received 20,000. Accrued Interest on investment, yet to be received is Rs._________as on31-12-2018.
30,000
10,000
50,000
25,000
5.
Expenses which have been incurred in the accounting period but not paid till the end of the accounting period are called______.
Outstanding expenses
Prepaid expenses
Accrued income
Income received in advance
6.
Interest on drawings is credited to ______ Account.
Trading
Profit and loss
Liabilities
Assets
7.
Prepaid insurance is _______
an asset
a liability
an income
an expense
8.
The Trial balance as on 31-03-2016 shows. Sundry debtors Rs.25,000. Write off Rs.1,000 as bad debts. The amount of provision for bad and doubtful debts at 5% will be ______
Rs.1,300
Rs.1,200
Rs.1,250
Rs.1,050
9.
Return inwards are deducted from ______
Purchase
Sales
Returns outward
Gross profit
10.
Closing stock is valued at ______.
Cost price
Market price
Cost price or market price whichever is higher
Cost price or net realisable value whichever is lower
1.
(c)
Drawings
2.
(b)
Closing
3.
(a)
Bad debts
4.
(b)
10,000
5.
(a)
Outstanding expenses
6.
(b)
Profit and loss
7.
(a)
an asset
8.
(b)
Rs.1,200
9.
(b)
Sales
10.
(d)
Cost price or net realisable value whichever is lower
11th Standard Syllabus & Materials
11th Standard
TN 11th Tamil பீடு பெற நில் - செய்யுள் - காவடிச்சிந்து Important Questions And Answers Study Material - QB365 Set A
NEW11th Standard
TN 11th Tamil பீடு பெற நில் - உரைநடை - மலை இடப்பெயர்கள் : ஓர் ஆய்வு Important Questions And Answers Study Material - QB365 Set A
NEW11th Standard
TN 11th Tamil மாமழை போற்றுதும் - துணைப்பாடம் - யானை டாக்டர் Important Questions And Answers Study Material - QB365 Set A
NEW11th Standard
TN 11th Tamil மாமழை போற்றுதும் - செய்யுள் - ஐங்குறுநூறு Important Questions And Answers Study Material - QB365 Set A
Tamilnadu Stateboard 11th Standard Subjects

Maths

Commerce

Economics

Biology

Business Maths and Statistics

Accountancy

Computer Science

Physics

Chemistry

Maths

Biology

Economics

Physics

Chemistry

History

Business Maths and Statistics

Computer Science

Accountancy

Computer Applications

History

Computer Technology

Commerce

Computer Applications

Computer Technology

Tamil

English

French
Tamilnadu Stateboard Standards