CBSE Class 11 Accountancy Sample Paper Set 12 Solved
1. Which of the following is not a qualitative characteristic of accounting information? a) Reliability b) Understand ability c) Comparability d) Materiality2. Match the following: A B 1…
CBSE Class 11 Accountancy Sample Paper Set 11 Solved
HALF YEARLY EXAMINATION 1. Which of the following is not a business transaction? a) Purchase of goods for resale amounted to ₹.50,000 b) Paid salaries and wages amounted to ₹.10,000 c) Paid rent for office premises ₹.5,000 d) Purchased a LCD for personal use.2. Match the…
CBSE Class 11 Accountancy Sample Paper Set 10 Solved
1 What are the two accounting systems to record financial transactions in the books of account?2 A firm has received a large order to supply goods. Will it be recorded in the books of account of the firm? Give reason3 What is ‘Accrual Basis of Accounting’? 4 Which accounting…
CBSE Class 11 Accountancy Sample Paper Set 9 Solved
1. ‘Closing stock is valued at lower of cost or market price.’ Which concept of accounting is applied here?2. Define Accounting. 3. Name the person who owes money against sale of goods to a firm. 4. Define Accounting Standards. 5. State any three objectives of Accounting…