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QuestionPaper
Accountancy
Class11Syllabus
CbseSamplePaper
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CBSESampleforClass11Accountancy(Solved)SetA
Accounting II.Please note that the paper given here is only a sample. Set A of Solved CBSE Sample Paper
CBSE
ICSE
/ ISC
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BOARDS
forHOME
Class 11 Accountancy
is
given
below with
its solutions.
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Sample
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Paper
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Q. 1. Which basis of accounting gives a correct picture of operating results and 1nancial position of a 1rm ?
[HOTS] [1]
Q.2. Give the classi1cation of Reserve. [1]
Q.3. Jay and Vaishali are partners in a 1rm. The 1rm receives an order for goods. Vaishali wants to include it
in the sales 1gure but Jay opposes it. Settle the issue. [HOTS] [1]
Q. 4. Mr. Rohan started a business of chit funds. He collected of 10 Crores from small investors with an
assured 5 times return in next 5 years. He suddenly closed the company and ran away. Which value is not
followed by Mr. Rohan and what legal remedy is available to the small investors? [VB][3]
Q.5. De1ne Accounting Standards. Explain their need. [HOTS] [3]
Q.6. The following are some of the transactions of Mis Kishore & Sons as per Waste Book.Make out their
Sales Book: [3]
Sold to Mis Gupta & Verma on credit:
30 shirts @ 150
20 trousers @ 300
Less: Trade Discount@ 10%.
Sold old furniture to MIs Sehgal & Co. on credit 800
Sold 50 shirts on credit to MIs Jain & Sons @ 150 each.
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CBSESampleforClass11Accountancy(Solved)SetA
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STUDY MATERIAL
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CBSESampleforClass11Accountancy(Solved)SetA
Q. 12. Ram purchased on 1.4.2008,a Machine for 75,000. The Machinery is to be depreciated by 10% p.a.
CBSE
ICSE / ISC
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on HOME
the Fixed Installment
Method
and accounting
year being April-March.
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OnSTUDY
1.10.2010,some
the Machine
costing
was sold for 7,000. On the same date, a new
MATERIAL part ofTALENT
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& OLYMPIADS
Machine costing 10,000 was installed.
Prepare Machinery Account and Provision for Depreciation Account for three years. [6]
Q. 13. (a) Give necessary Journal entries to rectify the following errors: (HOTS] [6]
(i) Rent received 1,000 was wrongly entered as commission received 1,000 in the Cash Book.
(ii) 2,500 paid for rent, has been wrongly debited to Interest Account.
(iii) An amount of 8,000 received on account of interest, was credited wrongly to
Commission Account.
(iv) 35,000 paid for the purchase of a motor cycle to proprietor has been charged to
Miscellaneous Expenses Account.
(v) Contractors Bill of 27,500 for expansion of building was wrongly debited to Repairs
Account.
(vi) 5,000 paid in installment to an injured worker for compensation. The workers compensation claim
was debited to Wages Account.
(b) Goods worth 10,000 returned by Keshwari were taken into stock but the transaction was not recorded
by Mr. Shaad (accountant) in the books of account as he was doing some of his personal work and left the
company after of1ce hours not caring for the transaction to be entered in the books of accounts.
(i) Identify the value missing in the above case.
(ii) Rectify the error. [VB][2]
Or
Q. Write the following transactions in Cash Book with Discount and Bank Columns: [8]
2012
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CBSESampleforClass11Accountancy(Solved)SetA
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Q. 18. Radhey, who keeps his books on Single Entry System, gives you the following information: [3]
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CBSESampleforClass11Accountancy(Solved)SetA
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Q. 24. Prepare Trading and Pro1t & Loss Account and Balance Sheet from the following balances, relating to
the year ending 31st March, 2012.
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CBSESampleforClass11Accountancy(Solved)SetA
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Or
The following is the Trial Balance of Mr. S. Kapur, as on 31st March, 2012 :
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CBSESampleforClass11Accountancy(Solved)SetA
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Taking into account the following adjustments, prepare Trading and Pro1t & Loss Account and the Balance
Sheet:
(i) Stock on hand on 31st March, 2012 is 13,600.
(ii) Machinery is to be depreciated @ 10% p.a. and patents @ 20% p.a.
(iii) Salaries for the month of March, 2012 amount to 3,000 were unpaid.
(iv) .Insurance includes a premium of 170 for year 2012-2013.
(v) Wages include a sum of 4,000 spent on the erection of a cycle shed for employees and customers. .
(vi) A provision for Doubtful Debts is to be created to the extent of 5% on Sundry Debtors. [8]
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