CBSE Class 11 Accountancy Question Paper Set 4 Solved

CBSE Class 11 Accountancy Question Paper Set 4 Solved. Students can download the last year board exams question papers using the link below. Free download of examination question papers with solutions. Last 10 year question papers should be practised to get better marks in examinations.

1 Godrej Ltd imported from Germany one machinery for sale in India and another machinery for production purposes. Which will be treated as goods and which as fixed asset?

2 ‘Charity given through cash’ - State its effect on Accounting equation.

3 How is Accounting information useful for ‘Investors and Potential Investors’?

4 The owner of the firm records his medical expenses in the firms’ income statement. Which principle is violated in this case?

5 Differentiate between Trade Discount and Cash Discount on the basis of ‘recording’.

6 From the following particulars, prepare the account of D. Budhiraja, the proprietor of a 

business:                                       Rs.

i. Capital introduced                    30,000

ii. Drawings made by him            6,500

iii. Further capital introduced       22,000

iv. Profit for the period                 7,500

7 Explain the ‘Imprest System’ of Petty Cash Book by giving an example.

8 (i) What is a compound journal entry? Give an example.

(ii) Why contra entry in three column cash book is not posted into ledger?

(iii) For what purposes is a journal proper used?

9 Comment upon the following statements by giving appropriate reasons:

i. Accounting is not fully exact

ii. Accounting information must be presented in such a way that only accounting people understands it.

iii. Accounting information must be reliable.

10 Shri Hariharan had started a new mid - sized business. He being new to accounting sought advice from a chartered accountant on maintenance of accounts. He was advised that he should follow Double Entry System of Accounting maintaining accounts on accrual basis.

Some of his friends advised him to maintain accounts on Cash Basis of Accounting. He decided to follow the advice of the chartered accountant. Is the decision of Hariharan correct?

Justify your answer by giving appropriate reasons.

Please click the link below to download pdf file of CBSE Class 11 Accountancy Question Paper Set 4 Solved

Tags: 

 


Click to View or Download pdf file
Click for more Accountancy Study Material

Latest NCERT & CBSE News

Read the latest news and announcements from NCERT and CBSE below. Important updates relating to your studies which will help you to keep yourself updated with latest happenings in school level education. Keep yourself updated with all latest news and also read articles from teachers which will help you to improve your studies, increase motivation level and promote faster learning

Class 10 Datesheet announced

CBSE has announced the date sheet for the remaining class 10 Board Exams, see dates below

Board Cancelled Official CBSE Statement

Keeping in view the requests received from various State Governments and the changed circumstances as on date, following has been decided- 1. Examinations for classes X and XII which were scheduled from 1st July to 15th, 2020 stand cancelled. 2. Assessment of the...

Board Exams Class 10 and 12 Notification by CBSE

Because of the prevailing condition of spread of COVID-19 pandemic in the country, special efforts are required for conducting examinations in a safe manner. As a number of students have shifted from the district of their school to some other district in the country,...

Class 12 Board Exams Datesheet Announced

CBSE has announced the datesheet of the remaining class 12 board exams, see below:  

CBSE Decision on Board Exam 2020

The Class 10 and 12 exams are cancelled, and results for both 10th and 12th would be declared by July 15 based on internal exams. CBSE Class 12 students would have the option to appear for the exams at a later date. CBSE has a scheme in which marks scored in past 3...

CBSE Online Training for Teachers 2020

It is clear that this pandemic has utterly disrupted an education system that many assert was already losing its relevance. Enhancing professional development digitally is a need in the times of COVID-19, where social distancing and remote interactions is the new...

×
Studies Today