JAC Class 11 Model Question Paper Accountancy

झारखंड बोर्ड

मॉडल पेपर

Class 11

Accountancy
SET-1
Class - XI Commerce

1 Who invented the double entry system of book Keeping?

(A) Lucas Pacioli(B) William Pickles
(C) J.RBatliboi^ (D) Karl Marx
MIC1 d cft cTi^>l crl^l y^nc^i cf5T

(a) cjc^i^ ^ff^reftcft(b)
(c) txTO 3TT^ G^i^c^lcThil(d) c^ief cHfcftif
Which of the following is not a business transaction?

(A)Bought furniture to ^10,000 for business
(B)Paid for salaries of employees^ 10,000
(C)Paid son's fees from her personal bank account ^10,000
(D)Paid son's fees from the business 2000/-

(B)cJ53frnf^ff" cI5t cldd ^^'UI ^1 0^000
(C)oil^cMOId ^cf5 -^lc^ ^" "^^r ^ ^rc^gcri cft l^1^H<{1 ^1 0,000

(D)^
Which is an Intangible Asset is the following?

(A) Goodwill(B) Trademark
(C) Patents(D) All of these
^d ^d ^ ^" ci^ld-^ 3T3|cf ^cH-^fci % ?

(A) ^i^UlTd(A) ^
(A) ^r^^^r(D)
Full name of GAAP is:

(A)Generally Accepted Accounting Policy
(B)Generally Accepted Accounting Principles
(C)Generally Accepted Accounting Provision
(D)None of the above

GAAP
(A) ^ I cH I cx^ el:

(B)
(C) ^i^ldilc^Ci: -dcTlc^ci C^Tl^JcpcTt 3i I<i?iv^Ici

(D)

IA <r\^A

The Concept that a business enterprise would Continue to carry out its operations indefinitely
is known as:
(A)Going Concern Concept
(B)Cost Concept
(C)Dual Aspect Concept
(D)Accounting Period Concept
cfc>|<ij cfc^dl xi^ail I ^T^ 3Tc]"4It>U| %:

(A) ^llc^ cZJcRTRT

(B)
(C)
(D)
6 Accounting Standards-6 is on:
(A)Valuation of Inventory
(B)Depreciation Accounting
(C)Accounting for Fixed Assets
(D)Borrowing Costs
cl^licbcrl (Hlc|c^3- 6

(A)
(B)
(C) ^-^TRft ^^cH^fd^n ^ foTXJ

(D)
Accounting Standards are mandatory for

(A)Companies
(B)Partnership firm
(C)Charitable Organisations
(D)Sole Proprietorship

(A) c^<H^cfl(B)
(C) ^^Tfsf ^ o i cci(D)
8 Every business transaction effects at leastaccounts.

(A) one(B) Two
(C) Three(D) Four

(A) Uci5(B)
(C) cft^T(D)
How many Columns are made while preparing a journal?
(A) 7(B) 5

(C) 3(D) 4

(A) 7(B)5
(C) 3(D)A
10 Cash Account is :
(A) Personal A/C(B)Real A/C
(C) Nominal A/C(D)None of these

(C) ^TT3T3TT5T ^STTcTT(D)

11 GST Stands for :
(A)Government and state Tax
(B)Goods and services Tax
(C)Gujarat state Tax
(D)Goods supply Tax
r\ TJ^T
oft _____ CA
rs _____ _ C -^s
cf5T 3T2T S

(A)
(B)
(C) ^^oT^TcT
(D) '^reg
12 The left hand side of an account is known as :
(A) Debit side(B) Credit side
(C) Income side(D) Expenditure side

(A)
(C)
13 What is Bank overdraft ?
(A) _ : Account(B) Real Account
A
(C) Nominal Account (D) None of these

(A) -_ ^s\\c^\(B) ciixL-cifcic^) ^icii

(C) dlcHcHI^(D) ^dcH ^" c^l^

1 4- The Transactions which are not recorded in the special subsidiary books are recorded in
(A) Purchase Book(B) Cash Book
(C) Journal Proper(D) sales Book

(A)
(C)

15 A Bank Reconciliation Statement is prepared by :
(A) Customers of the Bank(B) A Bank
(C) A Creditor(D) None of these
[ch^ll TjTTcTT % :

(B)
(D)
16 A Trial Balance is a :
(A) Personal Account (B) Real Account
(C) Nominal Account (D) Schedule of Balance

(B) <sua\
cft
(D)
17 If a Transaction is totally omitted from the books, it is called
(A) Error of Commission(B) Error of Principle
(C) Error of recording(D) Error of omission
vjTRI eft

18 Suspense Account is Prepared :
(A) Before trial balance (B) After trial balance
(C) After final accounts (D) None of these

xi^lcil vjIIcII

(A) dc^Mci ^" M6el(B)
(C) 3i[^dcH ^TTcft ^ en^(D)
19 Two methods of preparing a trial balance are :
(A)Financial method and total method
(B)Total method and normal method
(C)Balance method and financial method
(D) Balance method and total method

dcU-ld ddl<^ ^t ^^ f^fe^^f % :

(A) ^^xf^^r f^fer u cf oft^ fcrf^r
(B) vj^^ fcrfsj T?cf ^^TT4l^u| Tc|T8T
(C) ^risr Tcttsj x?cr Vcim^ Tcft^T
(D) ftsr fcft^r xjcf oils fcrfer

20 Depreciation is a
(A) Expense (B) Provision
(C) Income (D) None of these

fj

(A) o^ra-(B)
(C) 3T^T(D)
21 According to straight line method, depreciation is charged on :

(A) Opening balance(B) Closing balance
(C) Original Cost(D) Market Value
•^-Rci ^^TT fclf^j ^ ^RT cft O|U|cHI cft vjTTcft % :

(A)"^TRf^Tcf5 pST
(B)3-1 ^^d dH ^^ST TR
(C)URfew^ c^lcild
(D)GU^Ji^ <^C^| "CR

22 On 1st April, 2012 a machine was purchased for ^50,000 Rate of depreciation is 10% p.a
What amount will be charged as depreciation on 31st Dec 2012 ?

(A) ^50,000(B) ^10,000
(C) ^2,500(D) ^3,750/
1 3-1 ^ick 2 0 12 cTt TZc^ ^Tft^T cf5T sf5^T Rb^ll ^l^ll I |RT clt ^^ 1 O%
% I 3 1 f^^T^^R 2 0 12 cj5f ^RT ^ :^^^r ^ ycil^fl o1l<^ cJIcfl
?
(A) ^50,000(B) ^10,000
(C) ^2,500(D) ^3,750
23 Specific reserve is created for :

(A) specific purpose(B) General purpose
(C) secret purpose(D) None of these

:^ra~2T cm ^uicri f^^rr ^trtt

(A) fcr^hsr 3%^r ^ fen?
(B)
(C)^^<T 3^^^T ^ fen?
(D)^criJ^ ^ c?5f^ ^T^t
2 4- Journal entry for purchasing a machine worth ^50000 for cash will be :
(A)Purchase A/C - Dr 50,000J

To Cash A/C50,000
(B)Cash A/C-Dr50,000
To Machinery A/C50,000
(C)Machinery A/C-Dr 50,000
To Purchase A/C50,000
(D)Machinery A/C - Dr 50,000

To Cash A/C50,000

^50,000

(A)Purchase A/C - Dr50,000
To Cash A/C50,000
(B)Cash A/C-Dr50,000
To Machinery A/C50,000
(C)Machinery A/C-Dr50,000
To Purchase A/C50,000
(D)Machinery A/C-Dr50,000
To Cash A/C50,000

25 Depreciation is charged on :

(A) Current asset(B) Fixed asset
(C) Intangible asset(D) Current Liability

vrlldl 6 :
(A) ^^TT^ t^cHifd T^(B)
(C) 3T3^f ^HcH^fd ^(D)
26 The Person who draws the bill is called :

(A) Drawer(B) Drawee
(C) Payee(D) None of these
^ ci|^^d f^TcT feR^cTT %, 3^^ cJ5^T oildl ^ :
(A) e^^sfcfS(B)
(C) m^icbdl(D)
27 How many parties are there to bill of exchange ?

(A) 2(B) 3
(C) 4(D) 1

(A) 2(B) 3
(C) 4(D) 1
28 On 1.1.2011, X draws a bill on Y for 20,000 for 3 months. The maturity date of the bill will
be:

(A) 1.4.2011(B) 3.4.2011
(C) 4.4.2011(D) 4.5.2011
1.1.2011 cJ5t X^ Y^ 3 ^TT^ 3TcrfT c^T JZ^fS fcTcT 2 0^000/-

(A) 1.4.2011(B) 3.4.2011

(C) 4.4.2011(D) 4.5.2011

29 Which of the following instrument is not a negotiable instrument ?

(A) Bearer Cheque(B) Promissory not^-
(C) Bill of exchange(D) Account payee crossed cheque

I G"| <J o| T nj,-| c^D| cn ^H |

(A) siTRc^ ^^cp(B)
(C) ^lideH^-^r^r(D)
30 If A Sells goods to B, then the bill will be drawn by :

(A) A(B) B
(C) A and B both(D) None of these

(A) A(B) B
(C) Aucr B cf^^f(D)
31 Which of the following shows the financial Position of a business ?

(A) Profit and Loss Account (B) Balance Sheet
(C) Cash Flow statement(D) Income and Expenditure Account

(A) oTTaT ^lld T^TTcTT(B)
(C) ^^c^^^ ycj| fclcRUI(D) SJ^^T UcT oL|^ x^TTcTT

32 Reserve for bad and doubtful debt is made on :

(A) Debtors(B) Creditors
(C) Machinery(D) Cash

(A) ^dcii^^ tr(B)
(C) ^r^f^^r ^r(D)
33 GrossProfit=?

(A)Cost of goods sold + Opening stock
(B)Sales - Cost of goods sold
(C)Sales - Purchases
(D)Net Profit - Cost of goods sold

\ /\ /

\ /\ /

3 4- Which of the following is not included in the final accounts?

(A) Trading Account(B) Profit and Loss Account

(C) Trial Balance (D) Balance Sheet

^fclT
(A) (B)
(C) (D)
35 Opening stock is shown in

(A) Trading Account (B) Profit and Loss Account
(C) Balance Sheet (D) Trading Account and Balance sheet both

vjTTcTT % :

(A)
(C) 3Tffe^^ (D) ouim^ciD ^^idi ne^ 3frfefcT5 fri^sr

On the basis of informations given in the following Trial Balance, answer Q .No-36 to

Q.No-42

J ^TIJ dciMc^ ^
4-2 c|5T 3rT^ ^1

Trial Balance

Dr. Balances Amount Cr. Balances Amount

40,000 Capital Oi^^l) 67,250
Truck fe^) 25,500 Creditors (e^dciixi) 7,500

Furniture (3 -i Ti<r> xi) 6,000 Return Outward (si^r 600
GJIMxiTl)
Debtors (^^<^ixi) 35,000 Sales (fcisb^)

Purchases (^f^r) 80,600 1,61,300

Return Inward (^cis^^u cjm^-fl) 1,300

Rent (^^^i^ii) 1,750

Advertising (fci^md) 9,000

Cash (x^cb^) 8,500

Stock (xi^^d^ii) 14,000
Wages ^*^^^?^) 15,000
Total 2,36,650 Total 2,36,650

36 Net sales = ....

(A) ^1,60,000 (B) ^1,00,000/-

(C) ^1,60,700 (D)^ 1,61^900

(A)^l,60,000(B) ^1,00,000
(C) ^1,60,700(D) ^1,61,900
37 Provision for Bad debt® 10%=?

(A) ^3,500(B) ^350
(C) ^7,000(D) ^10,000
3T^TRT ^ujl c^ foTU 3TRTfv5Tor @ 10% =?

(A) ^3,500/-(B) ^350
(C) ^7,000(D) ^10,000
38 Rent is Payable at 200/- p.m. Amount of outstanding rent

(A) ^750(B) ^650
(C) ^2,400(D) ^1,750
fch>x>|^|| 2 0 0/^ yfcT ^TT^ clt ^^ ^ ^T % I

(A) ^750(B) ^650
(C) ^2,400(D) ^l,750
39 Depreciation on Plant @ 5% p.a.=?

(A) ^4,000(B) ^400
(C) ^2,000(D) ^200
T>^*^|^| TOR; 5%yfcT cp^ cff ^^ ^ sJ5TCT =

(A) ^4,000(B) ^400
(C) ^2,000(D) ^200
40Interest on Capital @ 20% p.a..?

(A) ^6725(B) ^16,130
(C) ^13,450(D) ^1,345
20% cj|[^[ch> ^r?^ T^\ -cR <sii^ =

(A) ^6725(B) ^16,130
(C) ^13,450(D) ^1,345
41Wages will be shown in :

(A)Trading and Profit and Loss A/C
(B)Balance Sheet

(C) Both (a) and (b)
(D) None of these

c^el cf5T
TJcf cTT3T ^.if^ ^^idl
(A)
/A\
o^llMl^i

(B) 3TTfefe Rl<i6l
(C) (a) Uci" (b) cjlofl ^
CD) t ftf5^f ^ ^T^
42 Creditors willI be shown in :

(A) Trading and Profit and Loss A/C
(B) Balance Sheet
(C) Both (a) and (b)
(D) None of these
*^
cilxLI *\
cf5T

Ucj" cTT3T 6l^i :^T[cTT
(A)
/A\

(B) 3^lfefe
(C) (a) t?cf (b) cTlcrTI ^"
(D) ^ f^ft ^ ^T#
43 The full form of DBMS is:

(A)Data Base Messaging System
(B)Data Base Management System
(C)Digital Base Management System
(D)Digital Base Messaging System

DBMScf^T

(A)
(B)
(C) TsRriCel ^^ c*^ c^\j1 e^j cC

(D)
44 How many bits make one byte ?

(A) 6(B) 2
(C) 8(D) 10
fcfc>d<^ fcT^ ^" X?cI5 dl^d

(A) 6(B) 2
(C) 8(D) 10
45 Advantage of Computerized accounting :

(A) High Cost (B) Accuracy

(C) Insecurity(D) Untrained Computer Operators

(A) 3^r cTmTcT (B)
(C) 3I^^^^JT(D)
46 WWW stands for ?

(A) World Whole Web (B) World Wide Web
(C) Web World Wide (D) Wide World Web

WWWcJ5T
(A) (B)
(C) (D)
47 Who is known as the father of Computer ?

(A) Charles Babbage(B) Virt Cerf
(C) Mark Zuckerberg (D) Martin Cooper

48 What is the name of first super Computer of India ?

(A) SAGA 220(B) PARAM 8000
(C) ENIAC(D) PARAM 6000

(A) 220 (B) 800 0

(C) (D) 60 0 0

49 Which is an input device ?

(A) Printer(B) Fax
(C) Keyboard(D) Monitor

50 CPU Stands for:

(A) Control Processing Unit (B) Control Primary Unit
(C) Central Processing Unit (D) Computer Processing Unit

(A) (B)
(C) (D)

Accountancy
SET-I
Class - XI Commerce

1- A 26- A
2- C 27- B
3-
D 28- C
4- B 29- D
5- A 30- A
6-
B 31- B
7- A 32- A
8-
B 33- B
9- B 34- C
10- B A
11- B 36- A
12- A : 37- A
13- A 38- B
14- C 39- A
15- A 40- C
16- D 41- A
•
17- D 42- B
43-! B
18- B
19- D 44- C
20- B 45- B
21- C 46-1 B
22- D 47- A
23- A 48- B
24- D 49- C
25- B 50- C