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2. Bank reconciliation statement compares a bank statement with _________.
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1. ‘NSF’ marked in the cheque sent back by the bank indicates _______.
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We trust that the offered Accountancy MCQs for Class 11 with responses Chapter 10: Financial Statements 2 will help you.
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10. Which of the following is recorded in the income and expenditure account?
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9. Such persons who earn remuneration against their services are called _______.
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7. If a person fails to pay his debt, such an amount is considered as ______.
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6. Which of the following is not an item of income of Non-trading concern?
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5. If the insurance premium paid Rs. 1,000 and prepaid insurance Rs. 300. The amount of insurance premium shown in the profit and loss account will be ______.
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4. If a person fails to pay his debt, such an amount is considered as ______.
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3. If the rent of one month is still to be paid, the adjustment entry will be _______.
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2. Which of the following is recorded in income and expenditure accounts?
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11th Commerce - Marathon
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12th Commerce – Before Exam Revision
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Subject - Accounts
Complete Full Syllabus Revision, With Expert
Date – 03rd March 2024
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📧 Join our telegram groups for study materials & video lectures:
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CA Foundation – https://t.me/joinchat/ZYP_3Vu_GCI1YjFl
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For any inquiries contact us at:
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Contact: +91- 88886 88886 /+91- 888888 4444
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