TN STATEBOARD 11th ACCOUNTANCY UNIT 3
TEST
BOOKS OF PRIME ENTRY UNIT TEST
TEST 3
PADVIKSHA BLOG
TOTAL MARKS: 40
I
Multiple Choice Questions (MCQ) (Mark- 5 x 1 = 5)
Write
all questions
1. When cash or cheque is deposited in bank,
a form is to be filled by a customer is called as …………….
2. Outsider’s equity is otherwise called as …………….
3. Goodwill is an example of accounts …………….
*Fill in the Blanks*
4. Dr.’ is abbreviation of ‘________________’.
5. Capital account is an example of _______ account.
II
Very short answer questions. (5x2=10)
Write
all questions
1. What is accounting equation?
2. What is real account?
3. What is cash receipt and Invoice?
4. What is Debit Note & Credit Note?
5. State the two approaches of recording
Transactions?
III
Short answer questions. (3 X 5 = 15)
Write
all questions
1. Write a note on:
·
ATM
·
NEFT
·
Credit
Card
2. What is an Account? Classify the
accounts with suitable examples.
3. What is the accounting treatment for Rent paid for the Owner personal use?
4. State the Golden Rules of Accounting.
5. Explain Advantages of journal.
IV.
Long Answer question (2 x 5 = 10)
Write
all questions
1. Create
an accounting equation on the basis of the following transactions:
(i) Rakesh started business with a capital of
` 1,50,000
(ii) Deposited money with the bank ` 80,000
(iii) Purchased goods from Mahesh and paid
through debit card ` 25,000
(iv) Sold goods (costing ` 10,000) to Mohan
for ` 14,000 who pays through debit card
(v) Commission received by cheque and
deposited the same in the bank ` 2,000
(vi) Paid office rent through ECS ` 6,000
(vii) Sold goods to Raman for ` 15,000 of
which ` 5,000 was received at once
2. Karthick
has a hotel. The following transactions took place in his business. Journalise
them.
Jan.
`
1
Started business with cash 3,00,000
2
Purchased goods from Rajiv on credit 1,00,000
3
Cash deposited with the bank 2,00,000
20
Borrowed loan from bank 1,00,000
22
Withdrew from bank for personal use 800
23
Amount paid to Rajiv in full settlement through NEFT 99,000
25
Paid club bill of the proprietor by cheque 200
26
Paid electricity bill of the proprietor’s house through debit card 2,000
31
Lunch provided at free of cost to a charity 1,000
31 Bank levied charges for locker rent 1,000