Kerala Dhse Class 11 Accountancy — Real Previous-Year Papers

An example of Indirect expense is : (a) Carriage on purchase (b) Salary (c) Freight (d) Direct wages

When goods distributed as free samples _____ is credited. (a) Drawing account (b) Purchase account (c) Sales account (d) Salary account

Identify the accounting concepts involved in the following statements : (a) It assumes that only those transactions which can be measured in terms of money are recorded in the books of accounts. (b) It treats business and owner as two different persons.

Salary of ₹ 10,000 and rent of ₹ 5,000 were paid in cash. Pass the compound journal entry for the above transaction.

The Sales Book was overcast by ₹ 2,000. Pass the rectification entry.

At the end of the year, salary ₹ 5,000 is outstanding and insurance ₹ 2,000 is prepaid. How will these items be shown in the final accounts ?

Give the adjusting journal entries for the following items : (a) Salary outstanding ₹ 500 (b) Interest on capital ₹ 2,000

Explain the Objectives of Accounting.

Name the following types of GST : (a) Tax collected by Central Government within a state. (b) Tax collected by State Government within a state. (c) Tax collected on goods and services between two states.

In which special journal would you record the following transactions : (a) Purchased goods for cash (b) Goods returned by customer (c) Purchased goods on credit.

List any three causes of difference between the cash book and the Bank passbook balances.

Differentiate between provisions and reserve.

From the following information, calculate : (a) Cost of Goods Sold (b) Gross Profit (c) Sales Information : - Opening Stock = ₹ 20,000 - Purchases = ₹ 80,000 - Wages = ₹ 10,000 - Closing Stock = ₹ 30,000 - Gross Profit = 25% on Cost of Goods Sold

Write the qualitative characteristics of accounting information system.

Identify the Accounting Concept or Convention explained in each of the following statements : (a) All fixed assets are recorded at their original purchase price, even if their market value changes. (b) For every debit, there is an equal and corresponding credit. (c) Expected losses are recorded, but expected profits are not recorded. (d) Expenses and incomes of the same period are compared to determine the true profit or loss.

Match the transactions in Column-A with the correct journal entries in Column-B : | Column-A (Transactions) | Column-B (Journal Entries) | |---|---| | (a) Goods withdrawn for personal use | (i) Drawings A/c Dr / To Cash A/c | | (b) Cash withdrawn from bank for office use | (ii) Drawings A/c Dr / To Purchases A/c | | (c) Cash withdrawn for personal use | (iii) Cash A/c Dr / To Bank A/c | | (d) Cash withdrawn from bank for personal use | (iv) Drawings A/c Dr / To Bank A/c |

From the following particulars of XY Co., prepare a Bank Reconciliation Statement as on June 30, 2022 : (1) Balance as per the Cash Book ₹ 60,000. (2) Cheque issued but not yet presented for payment ₹ 8,000. (3) Bank charges ₹ 1,200 not recorded in the Cash Book. (4) A cheque for ₹ 6,000 deposited into the bank is not yet collected.

On 1st April, 2020, Ravi Traders purchased a machine for ₹ 50,000 and spent ₹ 2,000 on installation. Estimated life = 5 years, Scrap value = ₹ 5,000 Find the annual depreciation using the Straight Line Method.

From the following information, prepare a Trading Account for the year ended 31st March, 2024. | Particulars | ₹ | |---|---| | Opening Stock | 15,000 | | Purchases | 60,000 | | Wages | 5,000 | | Sales | 90,000 | | Closing Stock | 20,000 |

Prepare a Double Column Cash Book of M/s Rahul Traders from the following transactions for the month of January 2021 : Jan 1 : Opening balance : Cash ₹ 10,000; Bank ₹ 15,000 Jan 5 : Paid rent by cheque ₹ 2,000 Jan 10 : Received cash from Raju ₹ 8,000 Jan 15 : Deposited ₹ 5,000 cash into bank Jan 20 : Bought stationery for cash ₹ 1,000 Jan 25 : Withdrawn from bank for office use ₹ 2,000

Read the following and answer the questions (a), (b) (c) : (a) What is a Suspense Account ? Why is it opened ? (2) (b) Explain any two types of accounting errors that do not affect the agreement of a Trial Balance. (2) (c) Cash received from Reena ₹ 1,500 was not posted to her account. Pass the rectification journal entry. (2)

From the following Trial Balance of M/s Nandana Traders as on 31st March, 2024, prepare : (1) Trading and Profit Loss Account for the year ended 31st March, 2024 and (2) Balance Sheet as on that date. Trial Balance as on 31st March, 2024 | Particulars | Dr (₹) | Cr (₹) | |---|---|---| | Opening Stock | 15,000 | | | Purchases | 50,000 | | | Wages | 5,000 | | | Carriage Inwards | 2,000 | | | Salaries | 6,000 | | | Rent | 3,000 | | | Debtors | 20,000 | | | Cash | 4,000 | | | Furniture | 10,000 | | | Plant and Machinery | 40,000 | | | Capital | | 80,000 | | Sales | | 65,000 | | Creditors | | 10,000 | | **Total** | **1,55,000** | **1,55,000** | Adjustments : (1) Closing Stock valued at ₹ 12,000. (2) Rent outstanding ₹ 1,000.