TN STATEBOARD 11th ACCOUNTANCY UNIT 4 TEST

TN STATEBOARD 11th ACCOUNTANCY UNIT 4

TEST

CONCEPTUAL FRAMEWORK OF ACCOUTNING UNIT TEST

 

TEST –4

PADVIKSHA BLOG

 

TIME: 1 HOUR 15 Minutes

 

TOTAL MARKS: 25

 

 

         

I Multiple Choice Questions (MCQ) (Mark- 5 x 1 = 5)

1. ………………. accounts give the net amount due to creditor and the net amount due from debtors.

(a) Real
(b) Personal
(c) Nominal
(d) Ledger

2. Net position of an account can be ascertained from ……………….
(a) Journal
(b) Ledger
(c) Trial balance
(d) Balance sheet

3. When a journal entry has more than one debit or more than one credit or both, it is called ……………….
(a) Compound entry
(b) Single entry
(c) Journal entry
(d) Ledger entry

4. Total of debit > Total of credit =
(a) Debit balance
(b) Credit balance
(c) Nil balance
(d) Trial balance

5. ………………. is known as principal book of accounts.
(a) Journal
(b) Ledger
(c) Trial balance
(d) Transaction

II very short answer question. (3x2=6)

 

Write Any 3 Questions:

1. What is a ledger?

2. Think: A trader has been selling goods both on cash and credit bases. Most of the goods are sold on credit. The owner has lost track of ‘who has to pay how much?’ Is there any quick way to get this information?

3. What is credit balance?

4. State the process for recording Journal and ledger?

5.  State any two uses of ledger or benefits or advantages?

III Short answer questions. (3 X 3 = 9)

 

WRITE ANY 3 QUESTIONS

1. What is opening Journal entry?

2. Distinguish between Journal and Ledger. write any 4

3. How is posting made from the journal to the ledger?

4. What is compound journal entry?

5. State the rules for determining the balance?

IV. Long Answer question (1 x 5 = 5)

 

WRITE ANY ONE QUESTION

1. 




2. 


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