CBSE Class 11 Accountancy Sample Paper Set X

Part-A

1. What is a cash transaction ? 

2. When should revenue be recognised ? 

3. What is imprest system of petty cash Book ? 

4. What is Rs.ProvisionRs. ? 

5. State any one important purposefor which reserves are created. 

6. Give two examples of Rs.Capital ExpenditureRs.. 

7. Prepare a bank reconciliation statement from the following:- 

On 31st December 2009 I had an overdraft of Rs. 750 as shown by my passbook. I had issued cheques amounting to Rs. 250 of which Rs. 200 worth only seen to have been presented for payment. Cheques amounting to Rs. 100 had been paid in by me on 30th December but of these only Rs. 75 were credited in the passbook. I also find that a cheque for Rs. 10 which I had debited to bank account in my books has been omitted to be banked. There is a debit of Rs. 25 in my passbook for interest. An entry of Rs.30 of a payment by a customer direct into the bank appears in the passbook. My pass book also shows a credit of Rs.60 to my account for interest on investments directly collected by my bankers. 

8. What is suspense Account ? When is it opened ? 

9. On April 1,2010 the balance of Provision for Doubtful Debts Accounts was Rs. 3,000. Bad Debts amounted to Rs.2,000 during the year. Debtors stood at Rs. 1,30,000 on March 31, 2011, Make a provision for doubtful debts @5%. During 2011-12 Bad debts are Rs.2,200. Debtors stood at Rs.7,600 on March 31, 2012 and provision @5% is to be make for doubtful debts. Prepare Bad Debts account for the year 2010-11 and 2011-12.

10. Mention the names of any two fixed assets and any two current assets.

Please click the link below to download CBSE Class 11 Accountancy Sample Paper Set X