Q.3 Q.2 Q.

1 4 ACCOUNTANCY
3 2) 1)(SET-B)
6) 5) Instructions: STD:XI
General SUB:
Question
Question solutions.
d. C. b. a. is: The D. C. Recording
B.followed.
account Question
A. While
is Question
credited Reduction
calledis An for WorkingpartsAll
entry Purchase note
Credit
the invoiceDebit note document
counterfoil
Cheque subsidiarybooksThose CBSE,
transactions
credit
transactions transactions
AllcashAll All making
poor RYAN
in number
number number note of
number ACADEMIC
2023-24
YEAR
in transactions made is question
which quality the entries should FIRST
for GROUP
value making 3027 21 1
more of in to
goods journal in to to to 20 should be TERM
OR of OR cash 3429 26
than goods entries which carrying shown OF
entry. carrying
carryingcarrying
sold, proper book be
EXAMINATION
SCHOOLS
one sold, are attempted
is in the clearly
account called the not of 6 4 mark3 1
allowed marksmarks
: rule marks
return
recorded
of HRS. 3
each. along at TIME:
Acct.
(B)/1 is by inward each.each.each. MARKS: 80
debited one
the with
in place. RYAN
seller book any the
or
 Q.8 Q.7 Q.5
Q.4
Q.10 Q.6
Q.9.
accrual levyName
Shyamledger The GST.
_ base of of
RsRs.1,80,000. of d) c) caused 3)
amount
Purchased
b a)by:isThe 16,7401) and accounting a)
b)incurred The 3. 2. 1.givenMatch
which All Erors
Errors differences
Timing 18,640 2%
Recognition
Revenue Increase
deceases stock Decrease
cash,
in
decrease in
Capital cash,
inIncrease
decreaseinCapital,
Capital
process any of Disclosure Full concept inin items
Description
(List-)
made is posted cash to
below
Rs10,000 known e
two thmade made
differences goods period earn the in
accrual His cash ofgoodsabove discount.25% that List
as between to
expensestransferring by by cash list for the
states lists I
sales
is posting. the the with
yet and price
ascertaining revenue
ORbasis bank on the account
to of services business of the terms
Rs.3,20,000fo r recording
cash-book of
be (TRUE amount
of the transactions 80,000@ d) c) revenue
4) 2) must A
paid. wil C. B. in
None
them of be profitloss
Cost Goods
sold List
accounting year OR which of 17,640 paid Matching belong Interest Salary
paid
Ram's the and 10% and Opt
(List
ion Il) ll
and
were FALSE) using
income credit from are transactions. bank immediately.trade for to th e on
Rs.50,000 exempt
Cc(tB.)V2 journal pass-book that the Capital
expenses the
wilW be sales discount
on from year.same codes
the out o to The
 Q.15 Q.14 Q.13 Q.12
Q.16 Q.11
d. C. b. Reason
a.services by
Rs.1,50,000.
Account.
ofPersonal
BranchAccount. (c) Real(a)
b) Discount
(dNominal
) (Account. accounts
2. 1.MatchIncrease expenses. Assertion BankTransaction base of Ram
wibe
l the which
business explanation
A Aof Both ofA.
A.
None expenditure
Revenue A Both Reconciliation Bank of made
Capital the is is cash
of in false, true, (R): for Rs.10,000
asand A A (A):
accounting of allowed' following liability and th e cash
ransactions the expenditure per and between
in basis His
but but R Cost
purpose Pass
above. if modern R ar e Expense expensessales
is modern wil R R Statement of is
classified is is are Book. an
accounting yet
which beOR true.false. true, of OR of
good of enterprise
is approach) have true, to
known approach and generating is (TRUE Rs.2,50,000befor
assists Commission
Receiving B. th e
as D.C. A. a but Ris sold is paid. the
Purchasing
Payment Sale B credit prepared
cost wil year
a and th e and OR and
as in
is R Ram'
bes
systematic offollowed.
decrease balance. is
correct revenue. of FALSE) its were and
assets not depreciation use bank Rs.
of by. income credit
Rs.50,000
cct.(B)/3 of
salary th e
explanation of
assets is
recording in (name things recorded sales
liability correct
on
are the out of
of or
 Q.18 Q.17
Q.21 Q.20 Q.19
Q.22
Creditors
Debtors
Ajit (c) termed
(a) areas: Rs.12,000
The Rs. Goods
021-22. Y April30 April12
April20
April25 5 Apri
April Apri8l April Petty
2 l 12022Book: e accounting.
CashFrom thWhen accounting. ofand
GSTAdvance
Rs.3,80,000. 31st and the
yearCapital wereRs.2,00,000
is person
year, started outflow
same collected running Rs.50,000
costingsold
March, had the the
as
withdrawn he state,goods expense
on a following who received
had
business Sent advertisement
conveyance
Paid wages
Paid
for Paid
for
stationery Received
for Paid
fo
Paidpostager Paid
for only. a
2022 and is small
31st it a He still
introduced aregistered for and/or
is
March, his loan travelling termed paid is
shop owes
in
or
finformation, maintaining cash
then
Rs.36,000
assets on cash services OR OR
of is and
2022 Rs75.000 1st notice as recorded some
additional expenses payment
for April, or
keeping Payable
(d) Bills(b) ata
and to his amOunt debtors
landlord prepare both
personal from 2021 Receivable
books Bills loss
profit in record
capital are
the with supplied to wil of
eaned an onof the
purposese bank. of increased 20%
a Analytical cash
(B)/4 Rs.60,000 20,000 basis o
during Find DuringCapital 2,0001,0001,600 busines on
out 190
3,200 880 800
Rs within basisinflon cos
(3) the his (3)
or|
 Q.27 Q.26 Q.25 Q.24 Q
23
6. 5. 4. 3. 2. 1.
information.
accounting
Classify of
Explain
"Accounting You April GoodsApril April Apri
12 8 l April
6 April
4 capital On
32019during any Name anyName
mount fo r with Mr. approach : April April
Rs1,00,000 1st two two
furniture Sunilreceived
Interest
Freight debts
Bad Bank
Goodwilloverdraft are 302518
Rs.4,00,000Debtors
April,
of two two
Internal Received
required Goods Cash Received |Purchased
Goods Cashgoods the features
was started Rs.50,000.advantagesCentral state
the month state
osited and for starts paid 2019,
following user purchased
sold paid from
Rita sold taxes
s.50,000 business the as show cash cash taxes of
where to to to ofiohit, of GST.
purchase an (any
toRita Rita
the Rohit
fromRohit, fromRohit, April: He GST. OR that
into initial OR from made that
fo r one) book LedgerChandigarh Chandigarh Rohit have
accounts Delhi have
tinvestment.
he for buying Rita,
omputers of and
Comment.
keeping
ends". the
bank.
garments started merged merged
External account Delhi following
and
on
He selling
Out as credit into
sold and of business into
t h e
and of per users
ct./5 some this of Rohit. fotransactions
r GST. GST.
Rs.25,000
remaining garments modern (any
he 20,00012,000
6,00010,000 20,00025,000 20,000
10,000 with Explain Explain
of
the paid two) Rs
(3) (3) (3) (3)
a
 Q.29 Q.28

TollOwing
BookPreparePrepare (M) (ii) discrepancies
(ü) were Differentiate
) noted: theCash on iv) i) i ) Rs.1,00,000
Rs.20,000
From during broke from
garmentsladies
costSubsequently,
Cash collected.
any business?
from Who e Mr.
recordedDirectly payment.for
not Cheques
BankCheques What him? What thWhat
Rs.1,20,000 and
shows four
Cash Book the the out
Bank discount paid is above,
Satish. for kids
articulars Bank is fixed is from same in
deposited
on deposited issued basis.
Bookshowsbetween the the the was Rs.1,50,000
a
Reconciliation insurance his garments
he
credit the total assets
debtor amount business perioddestroyed. In
onciliation allowed answer were office bought
debit but with a the
by balance Cash amount sold
alance as OR
side premium.
in not and did of were first
on of a the for
customer. yet the capital the fo r and men's on
Rs.400of bank and what he forLater weekRs.3,00,000
31stStatement. presented Rs30,000. his credit
the of
Accrual
of buy?following: Rs.1,30,000. stock
of Pass expenses?
Rs.25000.On
March. Bank was but is widomestic
th on, garments of
0,000:
Statement the
which th e to
column. Book, some of Mr.
basis amount Mr.
2021, garments next for
Mr.Sunil Expenses use.Sunilgarments Rohan.
of cash
of month,
cct(B)./6 when from comparing
followiing accountingreceivable Rs.2,00,00
16,000
10,000 18,000 12,000 withdrew and
Pa started
tne Rs. worth a some
(4) (4) (4) (4) paidwhich fire
 PrepareQ.31 Q.30

e. d. C. a.
() ()
) (On) following related
Describe
b. principles (vi) (V) (iv)
(i) (i ) )
) XYZ Provision banked.be
Rs.17,500.
Purchase
eciation Started revenue
PaymentCredit January, and The businesss
it'Balance as Anot The passed
Interest Arecorded
to Rs.1000
Cheques 2021
Cheques Cheque
Ltd. cheque A
discounted
Ltd. not
owmer books footnote shown cost to
transactions: an had the inthe only
purchase in
business shouldReceivedshown
Accounting 2019 forwithout Sheet accounting.
of allowed
the of were in issued
of by shown following
stationery asrelevance deposited Rs.12,000
issued
the
of. made
disCount
the strictly after Rs.1000 Bil
machinery
on an Cash
be for as of
collected Cash
achinery of
with business any asset by of for
goods ALtd., it's a Exchange for
to recognised the an anfollowing further contingent statements: Book. Rs.20,000
cash advanceasset. on Balance isName bank debited forBook. could
creditors Equation sale accounted in on Rs.4,000
for creditors Bfinancial of
Rs.18,000. shows Ltd. Rs.11000
Rs.2,000. cash Rs.70,000. made enquiry. the Rs.400 4th be
convention. accounting in
Sheet.After liability dishonoured
Cash cleared. but
Rs.20,000.
on on his purchased
on sale conceptlassumption Apri l
in in capital isALtd. statements. as but
the not but 2021. up
full May, in of an Book but
(Which created. no omitted to
ct. basis the had
Rs.2,00,000 expense
settlement as this concepts/ cheques March.
31st
2019.month analysing entry but
Rs.4,000.
prepared
a running
month)
of liability onmitted
)/7 to
(6) the The of and (6) was
for be
 Q.32
Q.33

a. 4. MarchMarch
31 29March24MarchMarch 16March
21March 12March Record
9 7 March 4March 12021 Cash
Pass 6. 5. Journalise
3. 2. 1.
at
Received
Rs.10,000
On Paid IssuedPurchased
cash. Charge
Rs.4,000.
Prepaid
salary Book
,57,600;
,000;follows:journal Rs.39,000. 20% the
1st
Life PurchasedWithdrawn Received
cheque
800Rsfor Bank Cash
CashHand and
Trade the personal
Proprietor sr Rs.100
Sold hiforeceived PaidInterest
paid PaidRs6400, at infollowing
April, cheque depreciation Deposited
Insurance
Cash-inentries goods Mahindra& salary balance
goods cashfollowing
Ram Bills 2019, Discount. from
to for office withdrew
to furniture cash to
for from bank on
by transactions
eceivable ORRamesh Gaurav staff Arti the
Kumar Hand the Premium Bad-Debts on use Co. from
following transactions: cash cash book
Half
Ramesh Machinery from in by
discount
allowed
position by bank
Rs.11,200; into for cash cheque
officecheque, bank Rs2400
(Dr.) & the bank cash for
on
Rs.68,800; by
cases:cheque Co.payment written
& balanceoffice 31st in
of cash
Rs.48, Co. Rs.40,000 discount and Double
Rahman in March,
Cash full for use a
Jai Rs.12,000. was off
cct(B)./8 080; Rs.100,000
settlement Columns
last 1,44,800 2021:(6)
Ram at made 42,400
28,600 43,800
23,200 21,800 33,0002,400 51,200 25,500
Office (Dr)bank was yeai Rs
as in (6
 Q.34

d. C. b.
Jan 52017 M/Enter
s Return Mar 25 Mar 20 Mar 16 Mar 12 2017
5Following
MarTraders:
Darshan
Book. You
cheque. Placed
Ramangoods of
Purchased
Received Furniture
paid Doulat
Rs.2,16,960;
Sri are Rs.40,000
the 50%
Sold
Ram required Returned discount
5
March16.onChandra Sri
PurchasedPurchased25
10
Rs.6,000 20 transactions of
50 following Tubelights Ram
Dozen to & Electric Ram CeilingTable paid the an from
immediately Stock-in-Trade
RS.4,16,000;
Rs.52,800;
order goods
Ramesh Sons, to to Light &on Fans 10% list in
Akhil Bills(Cr.)
Pencils prepare IronsSons from Fans from price withcash.
Sri sold credit,
transactions
Kolkata: OR Ram House @ Payable
sold Ram @
Charat
Rs.600
of Rs.38,000 costing
of
Stationery
@ on @ Rs.800 were the Rakesh Rs.1,74,720,
& for Rs.1,00,000. availing
Rs.20 Purchase March
Sonsreturned Rs.180 office to Lal
Us Ram list Rs.60,000
& each recorded Rs.80,000.
2 1 i Sons each price Mohan
House,
per Electric use. Electric in3%
in @Rs.100 : each
settlement
doz. the Book
less one as In cash from Hari
Kolkata Sales Irons Co. in an for
this
and each. Typewriter the
/.9 : : the discount.Akash
purchased 10% advance
connection, Ram
: books supply of
Book Purchase his
trade
for dues Co., &(Cr.)
(6) of of by of
 Jan31 Jan28 Jan24Jan20 |Jan 8

Rs.2,200
creditdiscount
SoldTrade
15% 10 Sold 25 Sold Sold 180 Discount
10SoldTrade
10% 20
Reams Dozen RubbersDozen Dozen
old to toold to
furniture Ali Modem
newspapers Gupta Pens
Mohammad Pencils
of Note
****
Paper Stationery
Stationery@Rs.10 Books @
to @ Rs.5
Kedar @Rs.22 for
Rs.80 & Rs.150 per @ per
Sons, House, rubber.Rs.60Shop,
Nath per Pen
per
Allahabad
&Ream dozen. Kanpur
per
Co., Lucknow
doz.
Allahabad :
: for
Cash
on
: