Elements of Account

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Sample Question Paper Code-254

ELEMENTS OF BOOK KEEPING & ACCOUNTANCY Class-IX
Summative Assessment-II March 2011 Examination Design of Question paper Time Allowed : 3 Hrs 01. Weightage to form of Questions Type of questions 1. 2. 3. 4. MCQs Short Answer Questions Long Answer Questions(i) Long Answer Questions(ii) Total No. of Questions 16 8 4 4 32 Marks for each Question 1 3 4 6 Total Marks 16 24 16 24 80 Maximum Marks : 80

Duration of the examination will be 3 - 3 ½ hours. Evaluation will be done from following topics

Unit 4 Unit 5 Unit 6 Unit 7

Journal Ledger Recording and posting of cash transactions Trial balance

20 20 20 20 80 marks

1

Sample Question Paper

ELEMENTS OF BOOK KEEPING & ACCOUNTANCY (Code-254) Class-IX
Summative Assessment-II

Time Allowed : 3 Hrs GENERAL INSTRUCTIONS : 1. 2. 3. 4. 1. The Question Paper has 32 questions in all. All questions are compulsory.

Maximum Marks : 80

Questions from serial No. 1 to 16 are multiple choice questions. These are to be answered by writing the correct option in your answer sheet. Attempt all parts of a question together. Business transactions are recorded:(a) (c) in chronological order at the end of the month (b) (d) weekly None of the above 1

2.

Trial Balance is prepared generally for a particular period which is ? (a) (c) week Quarter (b) (d) month Year 1

3.

Goods returned of Rs. 500/- by a customer, Anil will be entered in(a) (c) Purchases Book Sales Book (b) (d) Purchases Returns book Sales Returns Book 1

4.

Purpose of Sales Book is(a) (b) (c) (d) To record all sales made by the firm To record payment due to creditors To record all credit sales made by the firm to record credit sales of goods made by the firm 1

2

5.

Salaries paid to staff will be debited to (a) (c) Salary A/c Staff A/c (b) (d) Cash A/c Expense A/c 1 1 (b) (d) Secondary entry None of the above 1 Transactions None of the above

6.

A ledger is called a book of :(a) (c) Primary entry Final entry

7.

A Ledger Account is prepared from:(a) (c) Events Journal (b) (d)

8.

Cash Book is used to record. (a) (c) All Cash receipts only. All Cash & credits sales (b) (d) All Cash payments only All receipts & payments of Cash 1 (b) (d) Original entry None of the above 1

9.

Journal is called a book of (a) (c) Secondary entry Final entry

10. Transactions entered on the debit side of Cash-Book are posted to (a) (b) (c) (d) Debit side of the Cash Account Debit side of the respective ledger account Credit side of the respective ledger account Credit side of the Cash Account

11. If the total of the debit side of Cash Book exceeds the total on the credit side it indicates: 1 (a) (c) Favourabel cash balance (b) Excess of expenditure (d) Unfavourable cash balance Bank Overdraft 1

12. Petty Cash Book is generally prepared by: (a) (c) Every business unit Large business units (b) (d) Small business units None of the above

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13. The object of preparing trial balance is: (a) (b) (c) (d) To ascertain the profits for the period To ascertain the accuracy of accounts To ascertain the financial position of the concern To ascertain cash balance

1

14. Purchase of furniture on credit is recorded in (a) (b) (c) (d) Purchase book Journal Cash-Book Sales-Book

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15. Cash discount received on payment to creditor is recorded on the (a) (b) (c) (d) Credit side of the cash column of the Cash-Book On the debit side of the cash column of the Cash-Book On the credit side of the discount column of the Cash-Book On the debit side of the discount column of the Cash-Book

1

16. Ledger contains: (a) (b) (c) (d) All accounts Only personal accounts Only nominal accounts Only real accounts

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17. Prepare the Purchases Book from the following details:(a) (b) (c)

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Purchase of goods costing Rs. 5000 from M/s. Ramesh vide invoice no. 120 dated 15.09.2010. Purchase of Fixed Assets costing Rs. 8000 from M/s. Renu vide invoice no. 016...
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