SMT. K.K.

DHOLAKIYA SCHOOL - RAJKOT

Date : 13-12-2023 STD 11 Commerce Account Total Marks : 33

section A

* Select the correct option from Given Answer. [7]

1. ………..is not included in subsidiary book.
(A) Sales book (B) Petty cash book
(C) Ledger (D) Debit note
2. Transactions which are not recorded in other subsidiary books are recorded in…………..
(A) Journal (B) Journal Proper
(C) Cash book (D) Other book
3. Interest received A/c closed and transferred to which A/c ?
(A) Trading A/C (B) Profit & Loss A/C
(C) Capital A/C (D) Assets A/C
4. What is called a 'king of books'?
(A) Journal book
(B) Journal Proper book
(C) Ledger book
(D) Book for noting of transactions
5. Which book is called the original book ?
(A) Journal (B) Ledger
(C) Journal proper (D) Cash book
6. Normally, which type of balance is found in asset account?
(A) Credit balance
(B) Debit balance
(C) Debit or Credit balance
(D) Account is settled
7. What are the methods to prepare a trial balance ?
(A) only in a statement form
(B) only in account form
(C) any other method
(D) and both

section B

* Write Answer In One Or Two Sentence . [5]

8. Explain the meaning of closing entries.
9. How many different forms of a ledger? Which are they?

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10. What do you mean by Credit balance?
11. What do you mean by ‘Head of an Account’?
12. “If the trial balance agrees, the accounts are absolutely correct.” Explain the correctness of
this statement.

section C

* Give Answer As Asked . [9]

13. Pass jounral entries for closing the following account:
(1) Interest received account Rs. 800
(2) Advertisement expense account Rs. 1,500
(3) Salary account Rs. 4,000
14. Pass jounral entries for closing the following account:
(1) Dividend received account Rs.700
(2) Purchase account Rs.5,000
(3) Sales accountRs. 10,000
15. Pass jounral entries for closing the following account:
(1) Interest expense account Rs.1,000
(2) Sales return account Rs. 3,000
(3) Purchase return accountRs. 2,000
16. Journalise the following transactions and post them in the ledger: 2019
July 1 Purchased goods of Rs.45,000 on cash 3 Brought additional capital of Rs. 60,000 in
the business.

section E

* Give Answer As Asked . [12]

17. Prepare two columnar cash book (cash and discount columns) of Shri Girishbhai from the
following transactions
2015 March
1 Opening cash balance ₹ 8000 .
4 Goods of ₹ 6000 purchased at 10% trade discount.
7 Goods of ₹ 3000 sold to Pravin for cash at 5% cash discount.
10 Goods of ₹ 4000 sold for cash at 10% trade discount and 5% cash discount.
12 Furniture of ₹ 5000 is purchased from Gopal Furniture Mart.
15 ₹ 1000 paid to Vishnu towards full settlement of ₹ 1020.
16 ₹ 900 paid for commission.
18 ₹ 1500 received from Kamlesh towards full settlement of ₹ 1560 .
20 Paid ₹ 2000 for salary and ₹ 400 for wages.
Goods of ₹ 2000 purchased from Vishwa for cash at 10% trade discount and 10%
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cash discount.
26 Cash of ₹ 4000 brought in the business.
Machine of ₹ 8000 is purchased from Maheshwari Engineering, for which ₹ 5000 is
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paid and the balance amount is agreed to be paid after one month.

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18.

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