MCQS of Chapter 1 Basic Accounting Terms Class 11 with answers for CBSE, ISC and State Boards. In a business ‘Purchases’ refers to the: (a) Purchase of an article to be used in office(b) Purchase of goods for resale(c) Purchase…
Assertion Reason MCQs of Chapter 1- Introduction to Accounting with answers for CBSE, ISC and State Boards Assertion (A): The main objective of book-keeping is to ascertain the profit or loss and financial position of the business. Reason (R): Book-keeping…
MCQS of Chapter 1 Introduction to Accounting Class 11 with answers for CBSE, ISC and State Boards. MCQs of chatper 1 includes, Meaning, Objectives, Scope and Nature of Accounting with answers Basic function of financial accounting is to: (a) Record…
Solutions of Accounts for Incomplete Records (Single Entry System) Class 12 CBSE Board (2025-26) Following is the list S.N Questions 1 Question – 1, 2 2 Question – 3, 4 3 Question – 5, 6 4 Question – 7, 8…
Solution of Question number 17 and 18 Accounts for Incomplete Records (Single Entry System) CBSE Board (2025-26) Q. 17. On 1st April, 2024, X started a business with ₹ 40,000 as his capital. On 31st March, 2025, his position was…
