CBSE Class 10 Elements of Book Keeping and Accountancy Sample Paper 2019 Solved

CBSE Class 10 Elements of Book Keeping and Accountancy Sample Paper 2019 Solved. CBSE issues sample papers every year for students for class 10 board exams. Students should solve the CBSE issued sample papers to understand the pattern of the question paper which will come in class 10 board exams this year. The sample papers have been provided with marking scheme.It’s always recommended to practice as many CBSE sample papers as possible before the board examinations. Sample papers should be always practiced in examination condition at home or school and the student should show the answers to teachers for checking or compare with the answers provided. Students can download the sample papers in pdf format free and score better marks in examinations. Refer to other links too for latest sample papers. 

1 Depreciation is charged on:

1.Stock of goods

2.Current Assets

3. Fixed Assets

4. Current Liabilities.

Or

Out of the following which is not considered while calculating Depreciation by straight line method:

1. Useful life.

2. Scrap Value.

3. Market Value.

4. Original Cost.

2 The amount by which the credit side of Trading account exceeds the debit side is called:

1. Net loss.

2. Gross Profit.

3. Gross Loss.

4. Net Profit

 OR

The amount by which the debit side of P&L account exceeds the credit side is called:

1. Net loss.

2. Gross Profit.

3. Gross Loss.

4.Net Profit

In Statement of affairs the difference of assets and liabilities side is known as:

1.Profit.

2. Loss.

3. Capital.

4. Revenue.

4 Out of the following which is the cause of Depreciation:

1. Normal wear and tear.

2. Scrap Value.

3. Market Value.

4. Decrease or increase in market price.

5 Which of the following is not shown in profit and loss account?

1. Postage and Stationery.

2. Discount Allowed.

3. Interest received.

4. Carriage Inwards.

Or

Which of the following is shown on credit side of trading account?

1. Rent.

2. Closing stock.

3. Interest received.

4. Carriage Inwards.

6 The amount of Depreciation to Machinery is credited to:

1. Machinery Account.

2. Depreciation Account.

3. Profit and loss account.

4. Balance Sheet.

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