CBSE Class 11 Accountancy Sample Paper Set 12 Solved
1. Which of the following is not a qualitative characteristic of accounting information? a) Reliability b) Understand ability c) Comparability d) Materiality2. Match the following: A B 1…
CBSE Class 11 Accountancy Sample Paper Set 11 Solved
HALF YEARLY EXAMINATION 1. Which of the following is not a business transaction? a) Purchase of goods for resale amounted to ₹.50,000 b) Paid salaries and wages amounted to ₹.10,000 c) Paid rent for office premises ₹.5,000 d) Purchased a LCD for personal use.2. Match the…
CBSE Class 11 Accountancy Sample Paper Set 10 Solved
1 What are the two accounting systems to record financial transactions in the books of account?2 A firm has received a large order to supply goods. Will it be recorded in the books of account of the firm? Give reason3 What is ‘Accrual Basis of Accounting’? 4 Which accounting…
CBSE Class 11 Accountancy Sample Paper Set 9 Solved
1. ‘Closing stock is valued at lower of cost or market price.’ Which concept of accounting is applied here?2. Define Accounting. 3. Name the person who owes money against sale of goods to a firm. 4. Define Accounting Standards. 5. State any three objectives of Accounting…
CBSE Class 11 Accountancy Question Paper Set Q Solved
1. State two limitations of accounting. 2. What is Journalising? 3. Write two objectives of providing depreciation. 4. Give any two examples of Intangible Assets. 5. “Resignation by a Marketing Manager is not recorded in the books of account”. Why? 6. Name the accounting…
CBSE Class 11 Accountancy Question Paper Set P Solved
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CBSE Class 11 Accountancy Question Paper Set O Solved
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CBSE Class 11 Accountancy Question Paper Set N Solved
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CBSE Class 11 Accountancy Question Paper Set M Solved
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CBSE Class 11 Accountancy Question Paper Set L Solved
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CBSE Class 11 Accountancy Question Paper Set K Solved
1 In marriage ceremony of an employee, the owner of furniture manufacturing enterprise gifted him a furniture, costing Rs.50,000. Will it be recorded in the books of accounts?2 What are the different elements of a computer system? 3 Name any two external user of Accounting…
CBSE Class 11 Accountancy Bills Of Exchange MCQs
MCQs Question : Bills of Exchange contains an unconditional ____________, and Promissory note contains an unconditional _________________. a) Order, promise b) Payment, order c) Promise, order d) Payment, promise Answer : A Question : Noting charges are…
CBSE Class 11 Accountancy Depreciation Reserves and Provisions MCQs
Question : What Journal Entry will be passed: Value of asset being sold transferred to Asset Disposal Account? a) Asset Disposal A/c Dr b) Asset A/c Dr c) Asset A/c Dr d) Asset Sale A/c Dr Answer : A Question : Which method of depreciation suffers from the…
CBSE Class 11 Accountancy Principles Of Accounting MCQs
Question : Which of the following is the International Accounting Standard for Intangible Assets? a) IAS 38 b) IAS 18 c) IAS 33 d) IAS 12 Answer : IAS 38 Question : Which of the following is the title of AS-3 (Revised)? a) Cash Flow Statement b)…
CBSE Class 11 Accountancy Recording Of Transactions MCQs
Question : Anil, the Petty Cashier of Ebony, has an imprest of Rs.5,000 out of which he pays for petty expenses. He submits the details of payments every 15 days which is reimbursed to him. He submitted the details for 15 days that ended on 15th April, 2012 amounting to Rs. 4…