CBSE Class 11 Accountancy Sample Paper Term 2 Set B

Accountancy
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Read and download PDF of CBSE Class 11 Accountancy Sample Paper Term 2 Set B designed as per the latest curriculum and examination pattern for Class 11 issued by CBSE, NCERT and KVS. The latest Class 11 Accountancy Sample Papers have been provided with solutions so that the students can solve these practice papers and then compare their answers. This will help them to identify mistakes and improvement areas in Accountancy Class 11 which they need to study more to get better marks in Class 11 exams. After solving these guess papers also refer to solved Class 11 Accountancy Question Papers available on our website to build strong understanding of the subject

Sample Paper for Class 11 Accountancy Pdf

Students can refer to the below Class 11 Accountancy Sample Paper designed to help students understand the pattern of questions that will be asked in Class 11 exams. Please download CBSE Class 11 Accountancy Sample Paper Term 2 Set B

Accountancy Class 11 Sample Paper

  

Very Short Answer Type Questions 

 
Question : Prepare the Trial Balance with following information
Tab
Answer :  
Name of the Account          Dr. Amount       Cr. Amount
Capital                                                        300000
Cash at bank                     70000
Cash in hand                   180000
Creditors                                                   200000
Sales                                                        200000
Debtors                            400000
Bank loan                                                  100000
Purchase                          150000
Total                                 800000            800000 
 
 
 
Question : Calculate Gross Profit from the following 
Tab-
Answer :  COGS = OPENING STOCK +NET PURCHASES+DIRECT EXP -CLOSING STOCK
=20000+350000+3000-90000=283000
Gross profit=Net sales -COGS
640000-283000=357000  
 
Question : State any two functions of Trial Balance. 
Answer :  one mark for each correct function of Trial Balance.
 
Question : Find out the value of closing stock. 
Tab-1
Answer :  Gross profit= Net sales – COGS
30 =130-100
Cogs= 100/130*3900000=3000000
COGS = opening stock +purchase + direct exp – closing stock
3000000=960000+2720000-closing stock
Closing stock=680000
 

Short Answer Type Questions 

 
 
Question : Distinguish between Manual and Computerized Accounting system(any three)
Answer :  Difference on the basis of recording, classifying, summarizing, adjusting entries, financial statements, etc.  
 
Question : Raghav who keeps his books on single entry system, tells you that his capital on 31/03/2020 is Rs. 374000 and his capital on 1st April 2019 was Rs. 384000, He further informs you that during the year he withdrew for his personal purpose Rs. 168400. He sold his personal investment of Rs. 40000 @2% premium and brought that money into the business. You are required to prepare statement of profit and loss.
OR
Mr. Joshi started a business with a capital of Rs.5,00,000. At the end of the year his position was:
Tab-2
Answer :  closing capital +drawing -additional capital -opening capital
Net profit =117600
OR
closing capital +drawing -additional capital -opening capital
Closing Capital = Rs.6,40,000 and Profit = Rs.80,000
 Sundry creditors at this date totalled Rs.80,000. During the year he introduced a further capital of Rs.1,50,000 and withdrew for household expenses Rs.90,000.
You are required to calculate Profit or Loss during the year.
 
Question : Closing Capital Rs. 120000
Drawing was 25% of closing capital
Additional capital was Rs. 34000
Opening Capital was Rs. 20000.
What will be the amount of Profit?
Answer :  Profit = closing capital drawing – additional capital -opening capital
=96000 


Please click the link below to download CBSE Class 11 Accountancy Sample Paper Term 2 Set B

Accountancy Sample Paper For Class 11
CBSE Class 11 Accountancy Sample Paper Set 1 Solved
CBSE Class 11 Accountancy Sample Paper Set 2
CBSE Class 11 Accountancy Sample Paper Set 3
CBSE Class 11 Accountancy Sample Paper Set 4
CBSE Class 11 Accountancy Sample Paper Set 5
CBSE Class 11 Accountancy Sample Paper Set 6
CBSE Class 11 Accountancy Sample Paper Set 7
CBSE Class 11 Accountancy Sample Paper Set 8 Solved
CBSE Class 11 Accountancy Sample Paper Set 9 Solved
CBSE Class 11 Accountancy Sample Paper Set 10 Solved
CBSE Class 11 Accountancy Sample Paper Set 11 Solved
CBSE Class 11 Accountancy Sample Paper Set 12 Solved
CBSE Class 11 Accountancy Sample Paper Set 13
CBSE Class 11 Accountancy Sample Paper Set 14
CBSE Class 11 Accountancy Sample Paper Set A
CBSE Class 11 Accountancy Sample Paper Set B
CBSE Class 11 Accountancy Sample Paper Set C
CBSE Class 11 Accountancy Sample Paper Set D
CBSE Class 11 Accountancy Sample Paper Set E
CBSE Class 11 Accountancy Sample Paper Set F
CBSE Class 11 Accountancy Sample Paper Set G
CBSE Class 11 Accountancy Sample Paper Set H
CBSE Class 11 Accountancy Sample Paper Set I
CBSE Class 11 Accountancy Sample Paper Set J
CBSE Class 11 Accountancy Sample Paper Set K
CBSE Class 11 Accountancy Sample Paper Set L
CBSE Class 11 Accountancy Sample Paper Set M
CBSE Class 11 Accountancy Sample Paper Set N
CBSE Class 11 Accountancy Sample Paper Set O
CBSE Class 11 Accountancy Sample Paper Set P
CBSE Class 11 Accountancy Sample Paper Set Q
CBSE Class 11 Accountancy Sample Paper Set R
CBSE Class 11 Accountancy Sample Paper Set S
CBSE Class 11 Accountancy Sample Paper Set T
CBSE Class 11 Accountancy Sample Paper Set U
CBSE Class 11 Accountancy Sample Paper Set V
CBSE Class 11 Accountancy Sample Paper Set W
CBSE Class 11 Accountancy Sample Paper Set X
CBSE Class 11 Accountancy Sample Paper Term 1
CBSE Class 11 Accountancy Sample Paper Term 2 Set A
CBSE Class 11 Accountancy Sample Paper Term 2 Set B
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CBSE Class 11 Accountancy Sample Paper Term 2 Set B

We hope you liked the above provided CBSE Class 11 Accountancy Sample Paper Term 2 Set B. To get an understanding of the type of questions which were asked in exams, it is important for Class 11 students to understand the way sample Paper are set by teachers. Students can download the Sample Paper for Class 11 Accountancy which will be coming in the exams so that you can practise them and solve all types of questions that can be asked in exams. By doing CBSE Class 11 Accountancy Sample Paper Term 2 Set B you will understand the regular questions and MCQ questions for Class 11 Accountancy which are always asked. You can download CBSE Class 11 Accountancy Sample Paper and Class 11 Accountancy Question Papers in PDF. 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.

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