CBSE Class 11 Accountancy Revision Assignment Set C

Read and download free pdf of CBSE Class 11 Accountancy Revision Assignment Set C. Get printable school Assignments for Class 11 Accountancy. Standard 11 students should practise questions and answers given here for Accountancy in Grade 11 which will help them to strengthen their understanding of all important topics. Students should also download free pdf of Printable Worksheets for Class 11 Accountancy prepared as per the latest books and syllabus issued by NCERT, CBSE, KVS and do problems daily to score better marks in tests and examinations

Q1. Prepare Accounting Equation from the following –

1. Sandeep started business with cash Rs.1,00,000, goods Rs.20,000 and furniture Rs.50,000.

2. Purchased goods from Ram Rs.20,000 and for cash Rs.5,000.

3. Goods costing Rs.30,000 sold at a profit of 20% , half of the payment received in cash.

4. Rent paid Rs.700 and rent outstanding Rs.500.

5. Withdrew goods for personal use Rs.1,000.

6. Goods costingRs.5,000 sold for Rs.4,000 to Rakesh.

7. Received Rs.800 for commission.

8. Rent paid for 16 months Rs.64,000.

9. Cash paid to Ram (creditor) Rs.19,500 in full settlement of his account.

10. Accrued interest Rs.500.

11. Goods Rs.200 destroyed by fire.

12. Depreciation on furniture Rs.500.

13. Received cash from Rakesh (debtor) Rs.3800, discount allowed Rs.200.

14. Interest on capital Rs.1,000.

15. Goods worth Rs.300 and cash of Rs.200 given as charity.

16. Purchased goods from Ram worth Rs. 10,000 at a trade discount of 10% and cash discount of 2%. Half of the amount is paid in cash immediately.

Q2. Y started a business on 1st Jan, 2007 with a capital of Rs.2,00,000 and a loan of Rs.75,000 from the bank. During the year he had introduced additional capital of Rs.60,000 and had withdrawn Rs.36,000 for personal purpose. On 31st Dec, 2007 his assets were Rs.3,80,000. Find out his closing capital and profit earned during the year.

Q1. Prepare Accounting Equation from the following –

1. Sandeep started business with cash Rs.1,00,000, goods Rs.20,000 and furniture Rs.50,000.

2. Purchased goods from Ram Rs.20,000 and for cash Rs.5,000.

3. Goods costing Rs.30,000 sold at a profit of 20% , half of the payment received in cash.

4. Rent paid Rs.700 and rent outstanding Rs.500.

5. Withdrew goods for personal use Rs.1,000.

6. Goods costingRs.5,000 sold for Rs.4,000 to Rakesh.

7. Received Rs.800 for commission.

8. Salary paid in advance Rs.3,000.

9. Cash paid to Ram (creditor) Rs.19,500 in full settlement of his account.

10. Accrued interest Rs.500.

11. Goods Rs.200 destroyed by fire.

12. Depreciation on furniture Rs.500.

13. Received cash from Rakesh (debtor) Rs.3800, discount allowed Rs.200.

14. Interest on capital Rs.1,000.

15. Goods worth Rs.300 and cash of Rs.200 given as charity.

Please click the below link to access CBSE Class 11 Accountancy Revision Assignment Set C


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