CBSE Class 11 Accountancy Question Paper Set 1 Solved

Read and download CBSE Class 11 Accountancy Question Paper Set 1 Solved designed as per the latest question paper pattern and Class 11 examination guidelines issued by CBSE, NCERT and KVS. The past year Question Papers for Class 11 Accountancy have been provided with solutions which will help students to assess their performance and find out topics in Accountancy Class 11 which they need to improve to get better marks in Class 11 exams. After solving these last year papers also refer to solved Sample Papers for Class 11 Accountancy available on our website to build strong understanding of the subject

Accountancy Question Paper Class 11

Students can refer to the below Class 11 Accountancy Question Paper designed to help students understand the pattern of questions that will be asked in Class 11 exams. Please download CBSE Class 11 Accountancy Question Paper Set 1 Solved

Accountancy Class 11 Question Paper

CBSE Class 11 Accountancy Question Paper Set 1 Solved. Students can download the last year exams question papers using the link below. Free download of examination question papers with solutions. Last 10 year question papers should be practised to get better marks in examinations. 

1 Which basis of accounting is recognized under the Companies Act, 1956?

2 What is meant by a ‘Trial Balance’?

3 Give two examples of revenue expenditure.

4 Proprietor of a firm has taken goods for his personal use. The accountant has accounted it as sale in the books of accounts. Is he correct in his accounting?

5 Distinguish between Cash Basis of Accounting and Accrual Basis of Accounting on the basis of ‘reliability’ and ‘suitability’.

6 Total of Sales Book is posted to the credit side of the Sales Account in the General Ledger while individual account of customers is debited by the amount of their respective purchases. Is the above statement correct? Give reasons.

7  Explain any three objectives of Accounting.

8 (i) Mention any one difference between journal and ledger.

(ii) Mohan & Co. sold goods amounting to Rs.50,000 at a trade discount of 5% to GSC Co. As per the terms, if GSC Co. made full payment to Mohan & Co. within 15 days it will get Cash discount of 2%. GSC Co. paid the full amount within the stipulated time. Determine the amount of Cash discount that GSC Co. may get.

Also pass a journal entry to record this transaction in the books of Mohan & Co.

9  X started a business on 1st April, 2012 with a capital of Rs. 50,000 and a loan of Rs. 25,000 borrowed from Y. During 2012 – 13, he had introduced additional capital of Rs. 25,000 and had withdrawn Rs. 15,000 for personal use. On 31st March, 2013 his assets were Rs. 1,50,000. Calculate his closing capital as on 31st March, 2013 and profit made or loss incurred during the year 2012 – 13.

10 If the accounting information is not clearly presented, which of the qualitative characteristic of the accounting information is violated? Name and explain it.

Also explain any other two qualitative characteristics of the accounting information.

11 Due to a major loss in the current year, the accountant of the firm has not charged depreciation on fixed tangible assets. Whether his decision not to charge depreciation is correct? What will be the impact of the decision on financial statements?

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Previous Year Question Paper Accountancy Class 11

We hope you liked the above provided CBSE Class 11 Accountancy Question Paper Set 1 Solved. To get an understanding of the type of questions which were asked in previous year exams, it is important for Class 11 students to refer to CBSE Class 11 Accountancy Question Paper Set 1 Solved that we have provided above. Students can download all the Question Papers for Class 11 Accountancy which were issued in the exams so that you can practise them and solve all types of questions which have been asked till now. If you do CBSE Class 11 Accountancy Question Paper Set 1 Solved for Class 11 Accountancy you will easily understand the way examination question papers are set by teachers.

Class 11 Accountancy Previous Year Question Papers

The past year question papers CBSE Class 11 Accountancy Question Paper Set 1 Solved covers all the topics which have been suggested by CBSE in their Class 11 Accountancy syllabus for the current year. By doing all CBSE Class 11 Accountancy Question Paper Set 1 Solved PYP (previous year papers) you will understand the regular questions and MCQ questions for Class 11 Accountancy which are always asked and learn them so that you can get full marks in those questions.

Class 11 Accountancy Model Question Paper Pdf Download

We have provided links above of CBSE Class 11 Accountancy Question Paper Set 1 Solved in Pdf format so that you can just click the links and easily download the papers with answers. On studiestoday, we have also provided a download and print option for all CBSE Class 11 Accountancy last year papers and Sample Papers for Class 11 Accountancy to make it more easy for students. You can download CBSE Class 11 Accountancy Previous Year Question Papers and Class 11 Accountancy Sample Papers in PDF absolutely free of cost.

Accountancy Previous Year Question Papers Class 11 with Solutions

We have provided CBSE Class 11 Accountancy Question Paper Set 1 Solved with solutions. You will be able to understand the type of answers which you should write in Class 11 Accountancy exams to score good marks. You should attempt all the last year question paper for Class 11 and Class 11 Accountancy MCQ Test in examination conditions at home and then compare their answers with the solutions provided by our teachers. This way you will be able to identify your weak areas and also understand how the teachers of Class 11 Accountancy set their questions in the exams.

CBSE Class 11 Accountancy Previous Year Question Papers with solutions

We have provided the last 10 years Class 11 Accountancy Question Papers. Students who want to practice question papers from all previous years can easily get them on studiestoday. We are the leading website in India from which you can download all the latest Class 11 Accountancy study material for free as per the CBSE syllabus for Class 11 Accountancy for the current academic year.
 

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Can I download the previous year Question Papers of Class 11 Accountancy in Pdf

Yes, you can click on the links above and download Question Papers in PDFs for Class 11 for Accountancy. Click on above link to download CBSE Class 11 Accountancy Question Paper Set 1 Solved

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