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Bank Reconciliation Statement Bills of Exchange Depreciation, Provisions and Reserves Financial Statements – I Financial Statements – II Introduction to Accounting Recording of Transactions – I Recording of Transactions – II Theory Base of Accounting Trial Balance and Rectification of Errors Unit 1-Financial Accounting(Part A)Theoretical Framework

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CBSE - Class 11 > Accountancy Worksheets

Free CBSE - Class 11 Accountancy worksheets

Sample Worksheets

Here is a Sample Worksheet for you to Practice. Download this worksheet to see the answers.

1.
 

Amortisation is charged on which type of asset ?

1.

Tangiable Fixed Assets

 2.

Intangiable Fixed Asset

 3.

Both of them 

 4.

None of above
2.

Capital

1.

Liabilities

 2.

Assets

 3.

Expenses

 4.

Income
3.

Cash

1.

Liabilities

 2.

Assets

 3.

Expenses

 4.

Income
4.

Which account will be debited in case Life Insurance premium is paid by proprietor from business cash ?

1.

Drawing A/c

 2.

Insurance premium A/c

 3.

Capital A/c

 4.

Cash A/c
5.

Which concept states that “for every debit, there is a credit”?

1.

Accounting Period Concept

 2.

Revenue Recognition Concept

 3.

Dual Aspect Concept

 4.

Money Measurement Concept
6.

Jay was the debtor and was declared insolvent, he paid only 70 paisa in a rupee. Total bad debts were written off ₹7,200. What amount was received from Jay?

1.

?24,000

 2.

?16,800

 3.

?15,000

 4.

?16,500
7.

A sells goods to B, costing ₹ 1,00,000 at a profit of 10% above cost, less 10% trade discount and a further 5% cash discount if paid within 15 days. Which of the following Journal entry would correctly record the sale in the books of A?

1.

Dr. A and Cr. Sales A/c by ? 99,000

 2.

Dr. B and Cr. Sales A/c by ? 99,000

 3.

Dr. B and Cr. Sales A/c by ? 90,000

 4.

Dr. Cash A/c ?94,050, Discount allowed A/c by ?4,950; Cr. Sales A/c by ? 99,000
8.

Goods of ₹10,000 were sold for cash at 10% trade discount and 2% cash discount. In the journal entry ___________ account will be debited by ₹____________.

1.

Cash; ?9,000

 2.

Sales; ?9,000

 3.

Cash; ?8,820

 4.

Sales; ?8,820
9.

Interest on capital indicates _______ balance in trial balance:

1.

Debit

 2.

Credit

 3.

Debit or Credit

 4.

Neither Debit nor Credit
10.

A debtor of ₹10,000 pays ₹9,500 in full settlement. Choose the correct statement.

1.

Cash account will be debited by ?9,500

 2.

Cash account will be debited by ?10,000

 3.

Debtor account will be debited by ?10,000

 4.

Debtor account will be credited by ?9,500
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Chapters in CBSE - Class 11 Accountancy

Bank Reconciliation Statement Worksheet Bills of Exchange Worksheet Depreciation, Provisions and Reserves Worksheet Financial Statements – I Worksheet Financial Statements – II Worksheet Introduction to Accounting Worksheet Recording of Transactions – I Worksheet Recording of Transactions – II Worksheet Theory Base of Accounting Worksheet Trial Balance and Rectification of Errors Worksheet Unit 1-Financial Accounting(Part A)Theoretical Framework Worksheet

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Bank Reconciliation Statement Bills of Exchange Depreciation, Provisions and Reserves Financial Statements – I Financial Statements – II Introduction to Accounting Recording of Transactions – I Recording of Transactions – II Theory Base of Accounting Trial Balance and Rectification of Errors Unit 1-Financial Accounting(Part A)Theoretical Framework

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