Plus One Accountancy Previous Year Question Paper 1
Question Paper 2018 Answer all questions from question number 1 to 9. Each carries score. Question 1. Notebooks purchased by a stationery shop comes under…….. a. Assets b. Income c. Purchases d. Liabilities Question 2. Fill in the blank. ………….A/c Dr. To Thomas & Co.A/c (Purchased Machinery from Thomas & Co.) a. Purchase b. Cash c. Machinery d. Goods Question 3. Ramesh, a dealer of Television, sold old furniture to Rafeeque for Rs. 3,000 on credit. Identify the day book to record this transaction. a. Purchase day book b. Journal proper c. Sales day book d. Cash book Question 4. Bank Reconciliation Statement is prepared by….. a. Bank b. Depositor c. Creditor d. Debtor Question 5. Rent paid Rs.4,500 was entered in cash book as Rs. 5,400. This is an error of….. a. Principle b. Omission c. Compensating error d. Commission Question 6. …………….reserve is not shown in the Balance Sheet. a. Secret b. General c. Revenue d. Capital Question 7. James sold goods for Rs. 10...