Accountancy (2019) | Class 11 (First Year) | AHSEC | Assam Higher Secondary – Previous Year Question Paper

Accountancy (2019) | Class 11 (First Year) | AHSEC | Assam Higher Secondary – Previous Year Question Paper




Full Marks: 100

Time : 3 Hours 

The figures in the margin indicate full marks for the questions.

1(a) Fill in the blanks:

  • Assets- Capital= __________.
  • Recognize all losses, anticipate no___________ .
  • Credit purchases of goods are recorded in         .
  • The full form of CPU is                      .

(b) State whether the following statements are true or false: (1×4=4)

  • Accounting is both a Science and an Art-
  • Assets account always show credit balance-
  • Accounting software is an integral part of the Computerised accounting system-
  • Salary outstanding account show debit balance-
  1. Mention two causes of depreciation. (2)
  2. Give two functions of Trail Balance. (2)
  3. Write two types of source documents. (2)
  4. Write the name of four parties who are interested in accounting information. (2)
  5. What is bill of exchange? (2)

7 (a) Mention three features of Petty Cash Book. (3)

(b) What is journalizing? (3)

8 (a) Distinguish between Bills of Exchange and Promissory Note. (3)

(b) What is dishonour of a bill? (3)

9 (a) What is Capital Expenditure? (3)

(b) Write three objectives of preparing Trading Account. (3)

10(a) What is incomplete record? Give two reasons for incomplete record. (1+2=3)

(b) Mention three disadvantages of single entry system. (3)

11 (a) Mention three limitations of a computer. (3)

(b) What do you mean by Database Management system? (3)

12 (a) Explain briefly the qualitative characteristics of Accounting  Information. (5)

(b) What is accounting? What are the objectives of accounting? (5)

13(a) What is Accounting Standards? State its importance. (2+3=5)

(b) What do you mean by the basic assumption of Accounting? Explain the money measurement concept. (3+2=5)

14(a) Define Ledger. Explain the importance of ledger in recording of business. (2+3=5)

(b) Record the following transactions in a sale journal: (5)

Jan 1

Jan 10

Jan 30

Sold on credit to Mr. Ram, Guwahati 40 chairs @Rs. 100 each.

Sold on credit to Mr. Amrit, Jorhat 10 tables @ Rs 500 each.

Sold on credit to Mr. Joy, Tinsukia 10 tables @ Rs. 400 each.

15 (a) Pass Journal entries to rectify the errors: (2+2+1=5)

  1. Goods worth Rs. 500 taken by the proprietor for his personal use but not recorded in the books of accounts.
  2. Cash sales to Ram of Rs. 209 were recorded as Rs. 909.
  3. Sales Return for Rs. 600 not recorded in the books.

(b) Explain five errors which are disclosed by a Trail Balance? (5)

16 (a) On 1st May 2018, Akash drew a bill of Rs 15,000 on Bikash for two months. On 10th June 2018, Akash endorsed the bill in favour of his creditor Prakash. On due date the bill was dishonoured. Pass Journal entries in the books of Akash. (5)

(b) Explain five differences between Bills of Exchange and Cheque. (5)

17 (a) Give five distinctions between Balance Sheet and Trail Balance. (5)

(b)Give five differences between Statement of Affairs and Balance Sheet. (5)

18 (a) Give various advantages of computerised accounting system over the manual system. (5)

(b) What is role of computers in Accounting? Discuss the advantages of using computers in accounting. (5)

19 (a) What is Bank Reconciliation Statement? Explain the purpose of preparing such a statement. (8)

(b) Prepare a Three column Cash Book with the following transactions: (8)


April 1

April 2

April 3

April 4

April 12

April 20

April 25

April 30

Started business with cash Rs. 25000

Deposited cash into bank Rs. 10000

Bought goods by cheque Rs. 150

Received cheque from Ram Rs. 500

Allowed him discount Rs. 25

Paid into Bank Cash Rs. 300

Paid into Bank Ram’s cheque Rs. 500

Paid Hari by cheque Rs. 545

Discount Received Rs. 5

Drew from Bank for office use Rs. 200

Paid wages in Cash Rs. 400

20 (a) Distinguish between Provision and Reserve. (8)

(b) Kamal Traders purchased machinery on 1st April, 2015 for Rs. 23000 and spent Rs. 2,000 on its installation. It was decided to depreciate the machinery at 20% every year according to diminishing balance method.

Prepare the machinery account from April, 2015 to March, 2018 and show profit or loss if the machinery is sold on 31st March, 2018 for Rs. 10800. The accounts are closed on 31st March every year. (8)

21(a) From the following, ascertain the amount of total sales: (8)

Balance of debtors on 1.1.2017

Cash received from debtors

Discount allowed to debtors

Bills receivable received

Bad debt written off

Bad debt recovered

Return inward

Bills receivable dishonoured

Bills receivable discounted

Cash sales

Balance of debtors on 31.12.2017

Rs. 4760

Rs. 47000

Rs. 2300

Rs. 8000

Rs. 900

Rs. 1200

Rs. 600

Rs. 1800

Rs. 1500

Rs. 36340

Rs. 7420

(b) What do you understand by single entry system? Mention six points of difference between single-entry system and double-entry system. (2+6=8)

  1. The following Trail Balance is extracted from the books of Mr. Hazarika as on 31.3.2018. (8)

Motor Vehicle


Bad debt

Sundry Debtors



Sales Return



Cash in hand

Taxes & Insurance

General Expenses

















Provision for Bad Debts

Sundry Creditors


Bank Loan

Purchase Return











Stock on 31.3.2018 was Rs. 5750

Prepare Trading A/c, Profit and Loss A/c and a Balance Sheet as on 31.3.2018.

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