CBSE Class 10 Elements of Book Keeping and Accountancy Sample Paper 2025 Solved

Question Marks 

(A) 1. Which of the following is a Capital Expenditure?
i. Purchase of Goods
ii. Purchase of Securities as Investments
iii. Purchase of Fixed Assets
iv. Depreciation on Assets
A. Only i
B. Only ii and iii
C. Only ii, iii and iv
D. Only iii and iv

Answer : B

OR

(B) Match the following
             Column I                          Column II
a) Goods Purchased            i. Revenue Receipt
b) Rent Received                 ii. Capital Receipt
c) Sale of Investment          iii. Capital Expenditure
d) Furniture purchased        iv. Revenue Expenditure
A. a-iii, b-i; c-ii; d-iv
B. a-iv; b-i; c-ii; d-iii
C. a-iv; b-ii; c-i; d-iii
D. a-iii; b-ii; c-i; d-iv

Answer : B

2.(A) If Bank Reconciliation Statement is prepared with favourable Pass book Balance, it was noticed that Cash deposited in bank for ₹ 35,000 but recorded as ₹ 3,500 in Cash Book. How it will be shown in Bank Reconciliation Statement?
A. Added ₹ 35,000
B. Subtracted ₹ 35,000
C. Added ₹ 31,500
D. ₹ Subtracted ₹ 31,500

Answer : D

OR

2.(B) If Bank Reconciliation Statement is prepared with favourable Cash book Balance, it was noticed that Cash withdrawn from bank of ₹ 40,000 but recorded as ₹ 4,000 in Cash Book. How it will be shown in Bank Reconciliation Statement?
A. Added ₹ 36,000
B. Subtracted ₹ 36,000
C. Added ₹ 44,000
D. Subtracted ₹ 44,000

Answer : B

3. Read the following statements carefully:
Statement I: Capital Expenditure will provide benefit to the business only for five years.
Statement II: Revenue Expenditure are shown as Assets in the Balance Sheet.
In light of the given statements, choose the correct option from the following:
A. Both the statements are true.
B. Both the statements are false.
C. Statement I is true, Statement II is false.
D. Statement II is true, Statement I is false.

Answer : B

4. During the year ended March 31, 2024, Salary paid were ₹ 80,000 out of total salary due of ₹ 1,00,000. Determine the amount of Revenue Expenditure.
A. ₹ 80,000
B. ₹ 1,00,000
C.₹ 20,000
D. ₹ 1,80,000

Answer : B

5. Read the following statements carefully:
Statement I: When Bank Reconciliation Statement is prepared with Debit balance as per Cash Book; the Balance derived will be only Credit Balance as per Cash Book.
Statement II: Bank Reconciliation Statement is prepared by Income Tax authorities on 31 March every year. In light of the given statements, choose the correct option from the following:
A. Both the statements are true.
B. Both the statements are false.
C. Statement I is true, Statement II is false.
D. Statement II is true, Statement I is false.

Answer : B
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