SOME IMPORTANT QUESTIONS FOR ‘ACCOUNT’ – CLASS 11

SOME IMPORTANT QUESTIONS FOR ‘ACCOUNT’ – CLASS 11

18 marks Theory of accounts

BOOKKEEPING &ACCOUNTING

A) Bookkeeping & its objectives Accounting & its objectives
C) Scope of accounting
D) Business entity concept
E) money measurement concept
F) Going concern concept
G) Accounting functions

<< DOUBLE ENTRY SYSTEM >>

A) Double entry &its objective, features Accounting process with diagram

TRIAL BALANCE &ACCOUNTING ERRORS

A) Trial balance & its objective Accounting error
C) Error disclosed by Tb
D) Error not disclosed by Tb : all

<< CAPITAL &REVENUE >>

A) Capital exp & Revenue exp capital profit & Revenue profit
C) capital losses & Revenue losses
D) capital receipt & revenue receipt

<< BUDGET SHEET >>

A) Budget sheet & its parts

 GOVERNMENT ACCOUNTING 

A) Government accounting & its features

 It's characteristics
C) Different between Gov.acc & Comm.acc
D) New accounting system & objective

<< RESERVE & PROVISION >>

A) Differences between reserve & provision Reasons & objective of creating a reserve

Easy to Get 60+ marks
Practice
final acc : 15 marks
Income & exp : 10 marks
Bank reconciliation : 6 marks
Statement of exp : 6 marks
Subsidiary : 3 marks
Journal Entry : 4 marks

All the best for your exam