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Bank Reconciliation Statement Bills of Exchange Depreciation, Provisions and Reserves Financial Accounting And Economics 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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Free CBSE - Class 11 Accountancy worksheets

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

1.

Purchased Goods for Cash for ₹4,00,000 at 15% Trade Discount and 4% Cash Discount, Cash A/c will be debited by

₹

1.

? 3,24,000

2.

? 3,26,400

3.

?3,44,000

4.

? 60,000

2.

Trade Discount is deducted from the 

1.

Cash Memo 

2.

Invoice of Book 

3.

List Price 

4.

All of the above 

3.

Journal is sub divided into a number of Sub Journals known as 

1.

Journal Proper 

2.

Return Inward a/c

3.

Special Purpose Subsidiary Books 

4.

All of the above 

4.

What will be Journal entry for Interest Due but Not Received 

1.

Interest a/c  dr 

      To Accured Interest a/c

2.

Capital a/c  Dr.

     To Interest a/c

3.

Interest a/c.   Dr

  To Interest Received a/c

4.

Accured Interest a/c  Dr.

        To Interest a/c

5.

It is not necessary to use word 'Account ' after the 

1.

Personal Account 

2.

Assets Account 

3.

Liability Account 

4.

Real Account 

6.

All transactions recorded in Journal are subsequently transferred to 

1.

Voucher 

2.

Ledger 

3.

Profit and Loss Account 

4.

None 

7.

All transactions recorded in Journal are subsequently transferred to 

1.

Voucher 

2.

Ledger 

3.

Profit and Loss Account 

4.

None 

8.

Outstanding Expenses A/c is

1.

Personal Account 

2.

Real Account 

3.

Nominal account 

4.

Expenses Account 

9.
When information about two different enterprises have been prepared presented in a similar manner the information exhibits the characteristic of:
1. Verifiability 2. Relevance 3. Reliability 4. None of the above
10.
A concept that a business enterprise will not be sold or liquidated in the near future is known as :
1. Going concern 2. Economic entity 3. Monetary unit 4. None of the above
- OR -

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Top Tutors who teach CBSE - Class 11 Accountancy

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Free CBSE Worksheets

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Bank Reconciliation Statement Bills of Exchange Depreciation, Provisions and Reserves Financial Accounting And Economics 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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