Haryana Board (HBSE) Class 11 Accountancy Half Yearly Question Paper 2023 Answer Key. Haryana Board Class 11th Half Yearly Question Paper Pdf Download 2023. Haryana Board Class 11th Half Yearly Solved Question Paper 2023. HBSE Class 11th Half Yearly Exam 2023. Accountancy Half Yearly Question Paper 2023 Solution.
HBSE Class 11 Accountancy Half Yearly Question Paper 2023 Answer Key
Instructions :
• All questions are compulsory.
• Questions (1-15) carry 1 mark each.
• Questions (16-18) carry 2 marks each.
• Questions (19-21) carry 3 marks each.
• Questions (22-23) carry 5 marks each.
1. Transactions recorded in Accounting :
(a) Only Financial Transactions
(b) Only non-financial transactions
(c) Financial and Non-financial transactions
(d) Personal Transactions of the Proprietor
Answer – (a) Only Financial Transactions
2. …………… are not classified as wasting assets.
(a) Mines
(b) Land and Building
(c) Oil Wells
(d) Patents
Answer – (d) Patents
3. Accounting standards should be ………….
(a) Simple
(b) Understandable
(c) Simple and Understandable
(d) According to the nature of each enterprise
Answer – (c) Simple and Understandable
4. Payment of Income Tax of Rs.2000 will be debited to :
(a) Income Tax A/C
(b) Drawings A/C
(c) Capital A/C
(d) Profit and Loss A/C
Answer – (b) Drawings A/C
5. Petty Cash Book is maintained to record :
(a) All expenses
(b) All petty expenses
(c) All petty expenses which are paid in cash
(d) All petty cash receipts
Answer – (c) All petty expenses which are paid in cash
6. Purchase Book is used to record :
(a) Purchase of goods
(b) Credit Purchase of goods
(c) Credit Purchase of Asset
(d) All credit purchases
Answer – (b) Credit Purchase of goods
7. Debit Balances show :
(a) Assets and Expenses
(b) Profits and Incomes
(c) Liabilities and incomes
(d) None of above
Answer – (a) Assets and Expenses
8. When the rules of Double Entry System are not strictly followed, the errors caused are called :
(a) Error of Principle
(b) Error of Omission
(c) Error of Commission
(d) Compounding Error
Answer – (a) Error of Principle
9. A Bank Reconciliation Statement is prepared by :
(a) the bank
(b) Debtors
(c) Account Holders in a Bank
(d) Creditors
Answer – (c) Account Holders in a Bank
10. Depreciation is provided on :
(a) On Current Assets
(b) On Fictitious Assets
(c) On Fixed Assets
(d) On Intangible assets
Answer – (c) On Fixed Assets
11. Amount invested by the owner of the Business to start up his business is ………….. called Capital. (Fill in the blanks)
Answer – capital
12. Write down any two examples of Representative Personal A/Cs.
Answer – Outstanding Salary A/C and Prepaid Expense A/C
13. Write down the full form of CGST ?
Answer – Central Goods and Services Tax
14. Name two errors which can be disclosed by preparing a Trial Balance also known as One Sided Errors.
Answer – Posting on the wrong side of the account, duplication of the same amount in an account etc.
15. Assets = ………. + Capital (Fill in the blanks)
Answer – Liability
16.