Class 11 Accountancy – 50 Marks Paper
Time: 1 Hour 30 Minutes
Max Marks: 50
Syllabus: TS Grewal – Introductory Chapters
🔹 Section A – Objective Type Questions (1 × 5 = 5 marks)
Answer the following in one word or sentence:
1. What is the amount invested by the owner in the business called?
2. Which term is used for the amount payable to creditors?
3. What is the basis of recording income and expenses in Accrual Basis of accounting?
4. State the rule of debit and credit for Nominal Account.
5. Which book is known as the book of original entry?
🔹 Section B – Short Answer Type Questions (2 × 5 = 10 marks)
Answer each in about 30–50 words:
1. Define Assets. Classify them with examples.
2. State two differences between Capital Expenditure and Revenue Expenditure.
3. What is the Accrual Basis of Accounting? Explain with an example.
4. Explain the types of accounts and the golden rules of accounting.
5. Differentiate between Drawings and Capital with two points.
🔹 Section C – Journal Entries (3 × 5 = 15 marks)
Journalise the following transactions:
a) Started business with ₹80,000
b) Purchased goods from Mohan ₹5,000
c) Sold goods for cash ₹3,000
d) Paid salary ₹2,000
e) Bought furniture ₹6,000
🔹 Section D – Application/Analysis Based Questions (4 × 5 = 20 marks)
1. Journalise the following with correct narration and rules applied:
a) Cash withdrawn from bank for office use ₹3,000
b) Rent paid by cheque ₹2,500
c) Commission received in cash ₹1,000
d) Deposited ₹5,000 into bank
e) Goods sold to Rohan on credit ₹4,000