CBSE Class 11 Accountancy Sample Paper Set 30

CBSE Class 11 Accountancy Sample Paper Set G. It’s always recommended to practice as many sample papers as possible before the examinations. Students can download the sample papers and also question papers of previous years to practice and score better marks in examinations. Refer to other links too for more sample papers.

Q.1 Which of the following is not a business transaction ?

a) Bought furniture of Rs. 10,000 for business.

b) Paid salaries of employees Rs. 5,000.

c) Paid son’s fees from her personal bank account Rs. 20,000.

d) Paid son’s fees from the business Rs. 2,000.

Q.2 Which is the last step of accounting as a process of information? (Choose one from the following)

a) Recording of data in the books of accounts.

b) Preparation of summaries in the form of financial statements.

c) Communication of information.

d) Analysis and interpretation of information.

Q.3 Fill in the correct word.

The _________ concept requires that the same accounting method should be used from one accounting period to the next.

Q.4 Which of the following is the most relevant accounting information for taxation authorities?

a) Cash Balance of the firm.

b) Book Value of the Fixed Assets.

c) Credit Sales of the year .

d) Profit generated during the year.

Q.5 What shall be the amount of Capital if Cash is Rs. 5,000; Furniture Rs. 12,000; Stock Rs. 30,000 and Creditors Rs. 6,000.

a) Rs. 53,000

b) Rs. 47,000

c) Rs. 41,000

d) None of the above

Q.6 For payment of salary to Anil, the accountant will –

a) Decrease assets and capital.

b) Increase assets and decrease capital.

c) Decrease assets and increase capital.

Q.7 Journal proper records –

a) All transactions.

b) All cash transactions.

c) All credit transactions.

d) All transaction not recorded in any of the subsidiary books. 

Q.8 Recording of transaction in Journal is called –

a) Posting b) Journalising c) Tallying d) Casting

Q.9 Complete the following sentences with appropriate words.

a) Identified and measured economic events should be recorded in _________ order.

b) The process of accounting starts with _________ and ends with _________.

c) Information is said to be relevant if it is _________.

Q.10 State the rules of debit and credit. (traditional approach) 

Q.11 What is petty cash book? What do you understand by ‘Imprest’ amount in petty cash book?

Q.12 Define Revenue and Expenses. 

Q.13 Distinguish between Book-keeping and Accounting. 

Q.14 Explain ‘Accounting Concepts’. (any four) 

Q.15 Anita starts a business and invests Rs. 50,000 on 1st April, 2013. On 31st March, 2014 her assets were Rs. 65,000 and liabilities were Rs. 6,000.

i) Calculate the amount of capital and profit at the end considering the above information.

ii) Calculate the capital if the proprietor had invested Rs. 5,000 as additional capital and withdrawn Rs. 2,000.

iii) Calculate the amount of profit at the end if Anita had withdrawn from his business Rs. 3,000 for personal use.

Please click the link below to download CBSE Class 11 Accountancy Sample Paper Set G.