CBSE Class 11 Accountancy Revision Worksheet Set B

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CLASS- XI Worksheet No: 3 Date: 3.2.2011

Q1. What do you mean by THE HISTORICAL COST PRINCIPAL ?

Q2. Show the Accounting Equation on the basis of the following transactions and show journal entries:

(i) Sunil started business with cash 150000

(ii) He purchased goods from RAM on credit 50000

(iii) Goods destroyed by fire 4599

(iv) Received cash for dividend on securities 5659

(v) Rent paid in advance 6700

(vi) Bought furniture for personal use 8900

(vii) Introduced fresh capitals 4900

(viii) Sold furniture cash of Rs. 40000 costing Rs. 30000

(ix) Charge depreciation on Machine 565

(x) Paid three months advance rent for office 2100

Q3. From the following particulars , Prepare triple-column cash book of Mrs.

Please refer to attached file for CBSE Class 11 Accountancy Worksheet - Revision Worksheet (2)