CBSE Class 10 Question Paper 2025 Elements of Book Keeping and Accountancy

Series : 1EGFH #CDBA SET-4
- 
Q.P. Code 135
 .
 -   - 
Roll No.
-    
Candidates must write the Q.P. Code
on the title page of the answer-book.

       -    15  
       -  30   
 -        -    -  -   
         , -          
  -     15        -     10.15 
   10.15   10.30     -        
-      
 Please check that this question paper contains 15 printed pages.
 Please check that this question paper contains 30 questions.
 Q.P. Code given on the right hand side of the question paper should be written
on the title page of the answer-book by the candidate.
 Please write down the serial number of the question in the answer-book
at the given place before attempting it.
 15 minutes time has been allotted to read this question paper. The question
paper will be distributed at 10.15 a.m. From 10.15 a.m. to 10.30 a.m., the
candidates will read the question paper only and will not write any answer on
the answer-book during this period.

     ()
ELEMENTS OF BOOK-KEEPING AND
ACCOUNTANCY (Commerce)

{ZYm©[aV g‘¶ : 3 KÊQ>o A{YH$V‘ A§H$ : 70
Time allowed : 3 hours Maximum Marks : 70

135 515 Page 1 ~ P.T.O.

  :
(i)  -  30   
(ii)  1 – 18   1    
(iii)  19 – 22   3    
(iv)  23 – 26   4    
(v)  27 – 30   6    
(vi)          8     ,     
     1         

1. (a)          1
(A)          
(B)         
(C)       
(D)       

(b)  ` 4,000      ,   
(A)   (B)  
(C)    (D)  

2. (a)  () ______        1
(A)  (B)    
(C)     (D) 

(b)              :
(A)   (B)  
(C)   (D)  

3.    (A)   (R)   :
 (A) :       1
 (R) :            
                 
(A)   (A)   (R)   
(B)   (A)   (R)   
(C)  (A)    (R)   
(D)  (A)    (R)   

135 Page 2 ~

General Instructions :
(i) This question paper contains 30 questions.
(ii) Question 1 to 18 are of 1 mark each.
(iii) Question 19 to 22 are of 3 marks each.
(iv) Question 23 to 26 are of 4 marks each.
(v) Question 27 to 30 are of 6 marks each.
(vi) All questions are compulsory. However, an internal choice has been
provided in 8 questions of one mark, 1 question each of three marks,
four marks and six marks.

1. (a) An expenditure is a revenue expenditure because 1
(A) It is intended to benefit the future period.
(B) It is intended to benefit the current period.
(C) The amount involved is small.
(D) The amount involved is large.
OR
(b) Machinery repaired at a cost of ` 4,000 is an example of
(A) Revenue expenditure
(B) Capital receipt
(C) Deferred revenue expenditure
(D) Revenue receipt

2. (a) Which of the following is not the cause of depreciation ? 1
(A) Obsolescence (B) Constant use of assets
(C) Expiry of time (D) Inflation
OR
(b) On purchase of an asset, account debited is :
(A) Purchase A/c (B) Asset A/c
(C) Depreciation A/c (D) Goods A/c

3. Read the following statements Assertion (A) and Reason (R) : 1
Assertion (A) : Depreciation is a revenue expenditure.
Reason (R) : Revenue expenditure gives benefit for more than one
year.
On the basis of the information given in the above statements, choose the
correct option from the following :
(A) Both Assertion (A) and Reason (R) are true.
(B) Both Assertion (A) and Reason (R) are false.
(C) Assertion (A) is true, but Reason (R) is false.
(D) Assertion (A) is false and Reason (R) is true.
135 Page 3 ~ P.T.O.

4. (a)   ` 80,000         ` 10,000    
  ` 6,000    10   ,      
  : 1
(A) ` 8,600 (B) ` 9,600
(C) ` 8,400 (D) ` 9,000

(b)      ` 2,00,000      ` 30,000   
  ` 5,000       10%       
,       :
(A) ` 23,000 (B) ` 22,500
(C) ` 23,500 (D) ` 16,500
5. (a)    (A)   (R)   : 1
 (A) :           
 (R) :             
         
 :
(A)   (A)   (R)   
(B)   (A)   (R)   
(C)  (A)    (R)   
(D)   (A)   (R)     (R)    
     

(b)      
(A)     
(B)     
(C)     
(D)           

6. (a)     : 1
-I :        
-II :      
        ,         :
(A) -I ,  -II   
(B) -I ,  -II   
(C)     
(D)     

135 Page 4 ~

4. (a) A machine was purchased for ` 80,000 and its installation charges
were ` 10,000. If its scrap value is ` 6,000 and effective life is 10
years, its yearly depreciation as per fixed instalment method will be : 1
(A) ` 8,600 (B) ` 9,600
(C) ` 8,400 (D) ` 9,000
OR
(b) Purchase price of a machine was ` 2,00,000 and its installation
charges were ` 30,000. Its scrap value is ` 5,000. If it is depreciated
@ 10% p.a. on diminishing balance method, the depreciation in the
first year will be :
(A) ` 23,000 (B) ` 22,500
(C) ` 23,500 (D) ` 16,500
5. (a) Read the following statements Assertion (A) and Reason (R) : 1
Assertion (A) : Bank Reconciliation Statement is not a part of
Double Entry Book-keeping system.
Reason (R) : Bank Reconciliation Statement is a method to
ensure that there are no errors in recording bank
transactions in the cash book.
Options :
(A) Both Assertion (A) and Reason (R) are false.
(B) Both Assertion (A) and Reason (R) are true.
(C) Assertion (A) is true but Reason (R) is false.
(D) Both Assertion (A) and Reason (R) are true and Reason (R) is the
correct explanation of preparing Bank Reconciliation Statement.
OR
(b) Favourable bank balance means
(A) Dr balance in cash book.
(B) Cr Balance in the cash book.
(C) Dr balance in the pass book.
(D) Credit balance in cash book and debit balance in pass book.
6. (a) Read the following Statements : 1
Statement – I : Depreciation is provided on fixed assets.
Statement – II : Fixed assets are intangible.
On the basis of the information provided by the above statements,
choose the correct option from the following :
(A) Statement-I is correct but Statement-II is incorrect.
(B) Statement-I is incorrect but Statement-II is correct.
(C) Both the statements are true.
(D) Both the statements are false.
OR
135 Page 5 ~ P.T.O.

(b)            :
(A)     
(B)      
(C)         
(D)     

7. X  Y  13/7/24  ` 25,000    30           : 1
(A) 18 , 2024 (B) 14 , 2024
(C) 17 , 2024 (D) 16 , 2024

8.    (A)   (R)   : 1
 (A) : -            
 (R) : -             
              :
(A)  (A)    (R)   
(B)  (A)    (R)   
(C)   (A)   (R)   
(D)   (A)   (R)     (R),  (A)  
   
9.                  
    ? 1
(A)   (B)   
(C)   (D)  

10. (a)           ? 1
(A)   (B)  
(C)   (D)     

(b)   :
(A)   (B)  
(C)   (D)  
11. (a)               ? 1
(A)    (B)  
(C)   (D)   

(b) 30 , 2024  4           :
(A) 2  (B) 2 
(C) 20  (D) 2 
135 Page 6 ~

(b) Depreciation under fixed instalment method is calculated :
(A) On the purchase price of the asset.
(B) On the closing balance of the asset.
(C) On each year’s opening balance of the asset.
(D) On the market price of the asset.
7. On 13/7/24, X draws a bill on Y for ` 25,000 for 30 days. The due date of
the bill will be : 1
(A) 18th August, 2024 (B) 14th August, 2024
(C) 17th August, 2024 (D) 16th August, 2024

8. Read the following statements Assertion (A) and Reason (R) : 1
Assertion (A) : Profit and Loss Account is prepared to find out gross-profit.
Reason (R) : Excess of debit than the credit in the Profit and Loss
Account is called net profit.
Choose the correct option on the basis of the information given in the
above two statements :
(A) Assertion (A) is true but Reason (R) is false.
(B) Assertion (A) is false, but Reason (R) is true.
(C) Both Assertion (A) and Reason (R) are true.
(D) Both Assertion (A) and Reason (R) are false and Reason (R) is not the
correct explanation of Assertion (A).

9. Which account will be credited in the drawer’s book when a discounted
bill is met on maturity ? 1
(A) Drawee’s A/c (B) No Account
(C) Bank A/c (D) Endorsee’s A/c

10. (a) Which type of expenses are shown in Trading Account ? 1
(A) Operating expenses (B) Direct expenses
(C) Indirect expenses (D) Both Direct and Indirect expenses
OR
(b) Goodwill is :
(A) Current Asset (B) Tangible Asset
(C) Intangible Asset (D) Fictitious Asset

11. (a) When a bill is sent for collection, the account to be credited is 1
(A) Bills Receivable Account (B) Bank Account
(C) Cash Account (D) Bills Payable Account
OR
(b) Due date of a bill of exchange drawn on 30th June, 2024 for 4 months
will be _________.
(A) 2nd December (B) 2nd November
(C) 20th December (D) 2nd October
135 Page 7 ~ P.T.O.

12. 
   ________        1
(A)    (B)   
(C)   (D)     
13. -I :                  
     1
-II :                   
         :
(A)     
(B)     
(C) -I   -II   
(D) -I   -II   
14. (a)   ______      1
(A)  
(B)    
(C)   
(D)        

(b)                   ?
(A)     (B)    
(C)     (D)    
15.     ________     1
(A)  (B) 
(C)  (D) 

16.   : ______      1
(A)   (B) 
(C)      (D)  

17. -I :             1
-II :             
         :
(A) -I   -II   
(B) -I   -II   
(C)     
(D)     

135 Page 8 ~

12. Balance Sheet is prepared 1
(A) For a particular period (B) For a particular date
(C) For the whole year (D) For calculating gross profit

13. Statement – I : If the due date of a bill falls on a public holiday then
the bill is due one day after the due date. 1
Statement – II : Two grace days are added in the duration of the bill to
calculate the date of maturity.
Read the above statements and choose the correct option :
(A) Both the statements are true.
(B) Both the statements are false.
(C) Statement-I is true and Statement-II is false.
(D) Statement-I is false and Statement-II is true.

14. (a) Carriage outwards is shown in 1
(A) Trading Account
(B) Profit & Loss Account
(C) Balance sheet
(D) Both Trading A/c and Profit & Loss A/c
OR
(b) Which of the following is not correct about Single Entry System of
book-keeping ?
(A) It is Inaccurate. (B) It is Unsystematic.
(C) It is Unscientific. (D) It is Accurate.

15. A Bill of Exchange has _________ parties. 1
(A) one (B) two
(C) three (D) five

16. Incomplete records are generally maintained by 1
(A) A company (B) Government
(C) Small sized sole trade (D) Multinational business

17. Statement – I : The person who writes the bill of exchange is called
drawer. 1
Statement – II : The number of parties involved in discounting a bill are
two.
Read the above statements and choose the correct options :
(A) Statement-I is true and Statement-II is false.
(B) Statement-I is false and Statement-II is true.
(C) Both the Statements are true.
(D) Both the Statements are false.
135 Page 9 ~ P.T.O.

18.          ? 1
(A)  (B) 
(C)  (D) 
19.      “  ”      3

20.         ,       
 : 3
(i)   ` 25,000
(ii)    ` 44,000
(iii)    ` 75,000

21.       -         ?   
       3

22. (a) 30 , 2024      ` 50,000       3  
                  
               3

(b) 14 , 2024      ` 60,000        
  2                
       
23.     5 , 2024      ` 7,000   3    
        12%             
                 
   4

24. (a)          31 , 2024    
   : 4
(i)       ` 16,500
(ii)             ` 8,750
(iii)             ` 30,500
(iv)         ` 200

135 Page 10 ~

18. In single entry which accounts are opened ? 1
(A) Personal (B) Real
(C) Nominal (D) Assets

19. Explain the term ‘Deferred Revenue Expenditure’ with the help of an
example. 3

20. Classify the following as capital expenditure, revenue expenditure and
deferred expenditure for a cloth merchant : 3
(i) Preliminary expenses ` 25,000
(ii) Purchase of furniture ` 44,000
(iii) Payment of salary ` 75,000

21. Depreciation is a result of fluctuations in the value of fixed assets. Do you
agree ? Give any two reasons in support of your answer. 3

22. (a) On 30th August, 2024, Ajay sold goods to Kusum for ` 50,000 and
drew upon her a bill for 3 month. Kusum accepted the bill and
returned it to Ajay. The bill was met on due date. Pass journal
entries in the books of Ajay. 3
OR
(b) On 14th March, 2024, Golu purchased goods from Shyam for ` 60,000
and accepted a bill for 2 month drawn upon him by Shyam. The bill
was met on due date. Pass journal entries in the books of Golu.

23. Vishal received from Manju for goods sold to her, an acceptance for
` 7,000 on January 5, 2024 at 3 months. Vishal got Manju’s acceptance
discounted @ 12% p.a. at his bank. On the due date Manju met the bill.
Pass necessary journal entries in the books of Vishal and Manju. 4

24. (a) From the following information provided by Surya, prepare his Bank
Reconciliation Statement as on 31st March, 2024 : 4
(i) Bank overdraft as per pass book ` 16,500
(ii) Cheque issued but not presented for payment ` 8,750
(iii) Cheque deposited with the bank but not collected ` 30,500
(iv) Bank charges debited in the pass book ` 200
OR

135 Page 11 ~ P.T.O.

(b) 31 , 2024         :
(i)       ` 10,000
(ii)   ` 2,589     ` 2,598      
(iii)       ` 100      
(iv) ` 350              
25.                
  : 4
  ` 30,400,   ` 33,800,      ` 9,600,  
   ` 4,000 
           
26.              ,    
    ? 4
(i)    (ii)   
(iii)  (iv)  
27. (a)          ?     
   6

(b)               
   :
 31/3/2023 31/3/2024
(`) (`)
 1,000 900
  39,000 45,000
 () 34,000 32,000
   60,000 80,000
  15,000 19,900
2023-24         ` 10,000        
  ` 3,000     31 , 2024         
  
28.        ` 7,700           31 ,
2024       : 6
(i) ` 3,500              
(ii)           ` 4,800 
(iii) ` 2,600            
(iv)     ` 554      
(v)         ` 1,000     

135 Page 12 ~

(b) Prepare Bank Reconciliation Statement of Madan as on 31st March,
2024 :
(i) Balance as per pass book ` 10,000
(ii) Bank recorded a cash deposit of ` 2,589 as ` 2,598.
(iii) Withdrawal column of the pass book was undercast by ` 100.
(iv) Payment by cheque of ` 350 was recorded twice in the passbook.

25. Rajesh maintains books on Single Entry System. He gives you the
following information : 4
Opening Capital ` 30,400, Closing Capital ` 33,800, Drawings made
during the period ` 9,600, Addition Capital introduced ` 4,000.
Calculate the profit earned or loss incurred by Rajesh.

26. When assets are listed in order of liquidity in a Balance Sheet, in which
order the following shall be shown ? 4
(i) Land and Building (ii) Cash in hand
(iii) Machinery (iv) Sundry Debtors
27. (a) What is the need for charging depreciation on fixed assets ? Give
any two examples of fixed assets. 6
OR
(b) Mukesh keeps his books under Single Entry System. His assets and
liabilities were as under :
Particulars 31/3/2023 31/3/2024
(`) (`)
Cash 1,000 900
Sundry Debtors 39,000 45,000
Stock 34,000 32,000
Plant and Machinery 60,000 80,000
Sundry Creditors 15,000 19,900
During 2023-24, he introduced ` 10,000 as additional capital. He
withdrew ` 3,000 every month for his household expenses. Ascertain
his profit for the year ended 31/3/24.
28. Debit balance shown by the bank pass book of Sudhir Limited is ` 7,700.
On the basis of the following, prepare Bank Reconciliation Statement as
on 31st March, 2024 : 6
(i) Cheque issued but not presented for payment ` 3,500
(ii) Cheques directly deposited by the customer into bank ` 4,800.
(iii) Cheques deposited into bank but not collected ` 2,600.
(iv) Interest on bank loan debited by bank ` 554.
(v) Payment side of cash book was totalled short by ` 1,000.

135 Page 13 ~ P.T.O.

29. 1/4/22        5     ` 15,000    
   10%                 
  31      , 3         6

30.      31/3/2024           
          : 6
  (`)
 4,00,000
 1,50,000
 2,70,000
 90,000
  9,50,000
 5,00,000
  10,000
 1,50,000
  60,000
 45,000
  20,000
 15,000
 1,40,000
  (`)
 12,00,000
 1,40,000
 14,50,000
 10,000
  ` 60,000  
_______________

135 Page 14 ~

29. On 1/4/22, M/s Atul Bros. Drycleaners, purchased 5 washing machines for
` 15,000 each. They charged depreciation @ 10% p.a. by the straight line
method. Prepare machinery account for 3 years assuming the books are
closed on March 31st every year. 6

30. From the following information, prepare Trading and Profit & Loss
Account for the year ending 31st March, 2024 and the Balance Sheet as on
that date : 6
Debit Balances (`)
Machinery 4,00,000
Building 1,50,000
Debtors 2,70,000
Drawings 90,000
Purchase 9,50,000
Wages 5,00,000
Bad debts 10,000
Bank 1,50,000
Opening Stock 60,000
Rent 45,000
Sundry Expenses 20,000
Carriage 15,000
Cash 1,40,000
Credit Balances (`)
Capital 12,00,000
Creditors 1,40,000
Sales 14,50,000
Commission 10,000
Closing stock was ` 60,000.
_____________

135 Page 15 ~ P.T.O.

135 515 Page 16 ~