CBSE
Board Central Board of Secondary Education [CBSE]
Class 10th / X [Term 1]
Download Sample Question Paper
Subject Elements of Book Keeping & Accountancy
Document Type PDF
Official Website http://cbseacademic.nic.in/

CBSE Class X Elements of Book Keeping & Accountancy Sample Question Paper

Download Central Board of Secondary Education [CBSE] Class 10th Elements of Book Keeping & Accountancy Term 1 Sample Question Papers 2021-22

Download CBSE Class 10th Term 1 Sample Question 2021-22 Paper Here

Download CBSE Class 10th Elements of Book Keeping & Accountancy Sample Question Paper

Subject Sample Question Paper
Class 10th Elements of Book Keeping & Accountancy 2021-22 (Term 1) Sample Question Paper Download

CBSE Class 10th Elements of Book Keeping & Accountancy Term 1 Sample Questions

1. An amount of ₹20,000 was spent on repairs of building. This expense will be categorised under ______ .
(a) Capital Expenditure
(b) Revenue Expenditure
(c) Deferred Revenue Expenditure
(d) Both Capital and Deferred Revenue Expenditure

2. Which of the following will be a Capital Expenditure for a business?
(a) Routine Advertisement Expenditure
(b) Advertisement for launching a new product
(c) Delivery Van purchased
(d) Salary to Employees

3. On 1st July, 2020 Aqua Ltd purchased Machinery of ₹4,00,000. Depreciation is to be charged @10% p.a by diminishing balance method. What amount of depreciation will be charged for the year ending March 31, 2021?
(a) ₹40,000
(b) ₹20,000
(c) ₹30,000
(d) ₹70,000

4. Bank Reconciliation Statement is prepared to reconcile _________ and ________ balances.
(a) Cash Book and Ledger Accounts
(b) Pass Book and Ledger Accounts
(c) Cash Book and Pass Book
(d) Cash Book and Vouchers

5. Which of the following is deferred Revenue Expenditure?
(a) Salary for previous year paid in current year
(b) Advertisement for launching a new product
(c) Repayment of Loan
(d) Building purchased

6. Assertion (A) :- Capital Expenditure are recurring in nature
Reason (R) :- Capital Expenditure are incurred to increase the earning capacity.
(a) Both A and R are correct and R is the correct explanation of A,
(b) Both A and R are correct but R is not the correct explanation of A.
(c) A is correct but R is incorrect.
(d) A is incorrect but R is correct.

7. In straight line method ________
(a) Depreciation is charged on remaining book value every year.
(b) Depreciation is charged only for half of the year.
(c) Depreciation is charged on cost price of asset every year.
(d) Book value of Asset will never be zero

8. Which of the following is not a Capital Receipt?
(a) Sale of old Newspaper
(b) Sale of Machinery
(c) Loan taken from Bank
(d) Capital introduced by proprietor

9. If Depreciation is not charged in a particular year, then what will be the effect on the books of Accounts?
(a) Profits will be higher
(b) Profits will be lesser
(c) Assets can’t be shown in books of the firm
(d) Accounts can’t be prepared

10. By charging depreciation
(a) Only Market value is affected
(b) Only Book Value is affected
(c) Both market value and book value is affected
(d) Neither market value nor book value is affected

Download CBSE Class 10th Term 2 Sample Question 2021-22 Paper Here

Similar Searches:
cbse class 10th question paper 2021, cbse class 10th question paper 2020, cbse class 10th question paper 2019, cbse class 10th question paper english, cbse class 10th question paper of science, cbse class 10th question paper term 1, cbse class 10th question paper sst, cbse class 10th question paper answer key, cbse class 10th question paper answer sheet, cbse class 10 question papers 2019 all subjects pdf download, cbse class 10 question paper 2020 with answers, cbse class 10 previous year question papers all subjects, cbse class 10 english question paper with answer key, cbse class 10 english question paper with answer key 2021, cbse malayalam class 10 question paper with answers 2021, cbse class 10th question paper 2020 science, cbse class 10th question paper 2020 maths, cbse class 10th question paper 2019 science

Have a question? Please feel free to reach out by leaving a comment below

Leave a Reply

You do not have to leave an email address in order to reply.