Max.

Marks: 100

ITI Paper II (Book Keeping) (Without Books)

November 9th, 2022 (Shift 2– 2.30 PM to 4.30 PM)

Important Instructions: All questions carry one mark each. For every incorrect
attempt 1/8th mark shall be deducted. In case of any doubt, the English version
may be taken as authentic. Wherever Assessment Year is not given, it may be taken
as A.Y. 2022-23. In case of doubt in respect of the answer, choose the most
appropriate option for the given question.
1. A draws a bill for Rs. 20,000/- for 3 months on A, 01-01-2009 dks rhu ekg ds fy,
01.01.2009. The bill was discounted with a :0 20]000@& dk ,d fcy vkgfjr
banker at a charge of Rs. 100 as discounting djrk gSA NwV nj ds :Ik esa :0
charges. At maturity, the bill returned 100@& ds ‘kqYd ij cSadj dks fcy esa
NwV nh x;hA ifjiDork ij] fcy dks
dishonored. In the books of A, with what
vukn`r dj okil dj fn;k x;kA A, ds
amount will the bank A/c be credited? cSad [kkrs esa fdruh jkf’k tek dh
a) Rs. 19,000/- tk,xh\
b) Rs. 20,000/- a) :0 19]000@&
c) Rs. 20,100/-
b) :0 20]000@&
d) Rs. 19,900/-
c) :0 20]100@&
d) :0 19]900@&
2. Endorsement of bill means: fcy ds vuqeksnu ¼bUMkslZesUV½ dk vFkZ
a) Transfer of right on the bill from the gS%
drawee to the creditors a) vknsf'krh ls ysunkj dks fcy ij
b) Transfer of right on the bill from the vf/kdkjksa dk [Link]
creditors to the drawee b) ysunkj ls vknsf’krh dks fcy ij
c) Transfer of right on the bill from the vf/kdkjksa dk [Link]
drawer to the creditor c) vkns’kd ls ysunkj ds fcy ij
d) Transfer of right on the bill from the vf/kdkjksa dk [Link]
creditors to the drawer d) ysunkj ls vkns’kd ds fcy ij
vf/kdkjksa dk [Link]
3. On 1st January Shilpa owes Rs. 10,000/- and f'kYik 1 tuojh dks :0 10]000@&
accepts a 3 months bill for the amount. On the dk _.k ysrh gS vkSj bl jkf’k ds fy,
date of maturity, Shilpa was not able to meet rhu ekg dk fcy Lohdkj gSaA ifjiDork
dh frfFk ij f’kYik fcy ugha pqdk
the bill. She pays Rs. 4,000 and asks to drew
ikrhA og :0 4000@& dk Hkqxrku
another bill for three months for the balance djrh gS vkSj cdk;k jkf’k ij 15%
amount with interest @ 15% p.a. The amount okf”kZd C;kt ij rhu ekg ds fy,
of interest will be: nwljk fcy vkgfjr djrh gSA C;kt dh
a) Rs. 200/- jkf’k gksxh%
b) Rs. 225/- a) :0 200@&
c) Rs. 500/- b) :0 225@&
d) Rs. 900/- c) :0 500@&
d) :0 900@&
4. A draws a bill on B for Rs. 50,000/- for 3 A, rhu ekg ds fy, B ij :0
months. At maturity, the bill returned 50]000@& dk fcy vkgfjr djrk gSA
dishonored noting charges Rs. 500. 40 paise in ifjiDork ij fcy dks okil ykSVk fn;k
a rupee is recovered from B’s estate. The tkrk gS vkSj vuknj.k dk izHkkj yxkrs
amount of deficiency to be recorded on gq, :0 500-40 dks B dh laink ls
insolvency in the books of B will be: olwy fd;k tkrk gSA B ds [kkrs esa
fnokfy;k gksus ij ntZ dh tkus okyh
a) Rs. 20,200/- vHkko jkf’k D;k gksxh%
b) Rs. 30,300/- a) :0 20]200@&
c) Rs. 19,800/-
d) Rs. 19,000/-
b) :0 30]300@&
c) :0 19]800@&
d) :0 19]000@&
5. Which of the following statements are true with opui= ¼izksfeljh uksV½ ds lanHkZ esa
regard to promissory notes? fuEufyf[kr esa ls dkSu lk dFku
(i) It should be property stamped lR;@lgh gS\
(ii) The promise to pay must be (i) laifŸk LVkai dh gqbZ gksuh
conditional. pkfg,A
 (iii) The payee must sign the (ii) Hkqxrku djus dk opu l’krZ
promissory note gksuk pkfg,A
(iv) It should not made payable to (iii) HkqxrkudrkZ ds opui= ij
bearer. gLrk{kj vo’; djus pkfg,A
(v) The sum payable must be certain. (iv) ;g /kkjd dks Hkqxrku;ksX;
ugha gksuh pkfg,A
The correct alternative is: (v) Hkqxrku ;ksX; jkf’k fu/kkZfjr
a) (i), (iii), (iv), and (v) gksuh pkfg,A
b) (i), (iv), and (v) lgh fodYi gS%
c) (ii), (iii), and (iv) a) (i), (iii), (iv) vkSj (v)
d) (ii), (iv) and (v) b) (i), (iv) vkSj (v)
c) (ii), (iii) vkSj (iv)
d) (ii), (iv) vkSj (v)
6. Which of the following instrument is not a fuEufyf[kr fy[kr esa ls dkSu&lh
negotiable instrument: ijdzkE; fy[kr ugha gS%
a) Bearer cheque a) /kkjd psd
b) Promissory note b) opu i=
c) Bill of exchange c) fofue; i=
d) Account Payee Crossed cheque d) ikus okys ds [kkrs esa ns; ØkWl
psdA
7. For preparing Bank reconciliation Statement, cSad lek/kku fooj.k rS;kj djus ds
the documents/ statements required are: fy, fuEu nLokost fooj.k visf{kr gSa%
a) Cash column of cash book and bank a) jksdM+ cgh dk jksdM+ dkWye vkSj
statement cSad [Link]
b) Bank column of cash book and bank b) jksdM+ cgh dk cSad dkWye vkSj
statement cSad [Link]
c) Bank and cash column of the cash c) jksdM+ cgh dk cSad vkSj jksdM+
book dkWyeA
d) Bank statement d) cSad [Link]
8. X sold goods to Y for Rs. 2,00,000/- and Y X, :0 2]00]000@& esa Y dks eky
paid cash of Rs. 50,000/-. X will grant 2% csprk gS vkSj Y :0 50]000@& dk
discount on balance, and Y requests X to draw uxn Hkqxrku djrk gSA X cdk;k jkf’k
a bill for balance, the amount of bill will be:
ij 2% dh NwV nsxk vkSj Y, X ls
cdk;k jkf’k dk fcy cukus dk vuqjks/k
a) Rs. 2,00,000/- djrk gS] fcy dh jkf’k gksxh%
b) Rs. 1,96,000/-
c) Rs. 1,50,000/-
a) :0 2]00]000@&
d) Rs. 1,47,000/- b) :0 1]96]000@&
c) :0 1]50]000@&
d) :0 1]47]000@&
9. …….is prepared to test arithmetical accuracy [kkrk cfg;ksa dh [Link]; ifj’kqf) ds
of books of accounts. ijh{k.k gsrq ………….. dks rS;kj fd;k
tkrk gSA
a) Trail balance a) ‘ks”k ijh{k.k i= ¼VªkW;y cSysUl½
b) List b) lwph
c) Journal c) udy cgh@nSfud iath
d) Ledger
d) [kkrk&cgh ¼ystj½
10. Which of the following statements are true, if ;fn dksbZ jkf’k lh/ks cSd esa tek dh
any amount is directly deposited into the bank tkrh gS rc] fuEufyf[kr esa ls dkSu
then? lk dFku lgh gS\
a) jksdM+ cgh de o iklcqd vf/kd
a) Cash book will show less balance &
 pass book will show more cdk;k n’kkZ;sxhA
b) Cash book will show more balance & b) jksdM+ cgh vf/kd o iklcqd de
pass book will show less cdk;k n’kkZ;sxhA
c) Cash book will show double balance c) jksdM+ cgh nksxquk cdk;k
d) Pass book will show double balance n’kkZ;sxhA
d) iklcqd nksxquk cdk;k n’kkZ;sxhA
11. The act for signing by the drawer on the book vUrj.k ds mn~ns’; ls fy[kr cgh ij
of instruments for the purpose of transfer is: [Link] }kjk gLrk{kj djus dk dk;Z
D;k gksrk gSA
a) Acceptance of bill a) fofue; i= dk Lohdkj gksukA
b) Cheque b) psdA
c) Bill c) fcy
d) Endorsement d) vuqeksnu ¼bUMkslZesUV½
12. Consider the following facts for bank fnukad 31-12-2019 dks cSad lek/kku
reconciliation statement as on 31-12-2019 from fooj.k ds fy, fn;s x;s fooj.k esa ls
the given details: fuEufyf[kr rF;ksa ij fopkj djsa%
(i) Ikklcqd ds vuqlkj 28]000@&
(i) Balance as per pass book Rs 28,000 :Ik;s ‘ks”kA
(ii) Cheque issued but not presented bank (ii) :Ik;s 1]200@& dk psd tkjh fd;k
for payment Rs 1,200 ijarq cSasd ds le{k Hkqxrku ds fy,
(iii) Cheque paid in to bank but not yet izLrqr ugha fd;k x;kA
collected Rs 3,800 (iii) :Ik;s 3]800@& dk psd caSd dks
(iv) Interest credited in the pass book only Hkqxrku ds fy, fn;k ijarq vHkh
Rs 800 rd mldk lxazg.k ugha fd;kA
(v) Bank charges debited in the pass book (iv) Ikklcqd eSa dsoy 800 :Ik;s C;kt
only Rs 200 tek gqvkA
The balance as per cash book will be:
(v) Ikklcqd esa cSad us izHkkj ds :Ik esa
a) Rs. 30,000/-
dsoy 200 :Ik;s MsfcV fd;sA
b) Rs. 29,300/-
dS’kcqd ds vuqlkj ‘ks”k gksxk%
c) Rs. 30,500/- a) 30]000@& :0
d) Rs. 30,800/- b) 29]300@& :0
c) 30]500@& :0
d) 30]800@& :0
13. Which of the following is an error of principle? fuEu esa ls dkSu&lk ,d lS)kfUrd
=qfV gS\
a) Rs. 10,000/- received from Akhil but a) vf[ky ls 10]000@& :0
credited to Ashok A/c ysfdu v’kksd ds [kkrs esa tek
b) Rs. 5,000/- incurred on purchase of a gks x,A
software but debited to travelling b) lks¶Vos;j dh [kjhn ij
expenses A/c 5]000@& :0 O;; fd;k x;k
c) Rs. 1,000/- paid towards wages but ysfdu ;k=k [kpZ [kkrs ls MsfcV
incorrectly debited to salary A/c gks x;kA
d) Rs. 500/- towards purchase of raw c) etnwjh ds :Ik esa 1]000@&
materials but Rs. 50,000/- debited to :0 dk Hkqxrku fd;k ysfdu
purchase A/c xyrh ls lSyjh [kkrs MsfcV gks
x;kA
d) dPPks eky dh [kjhn ds en esa
500@& :0 ysfdu [kjhn [kkrs
ls 50]000@& :Ik;s MsfCkV fd;k
x;kA
14. On February 1, Shyam paid rent advance of Rs. 01 Qjojh dks ‘;ke us ,d dk;kZy;
8000/- for an office space whose rent is LFky ftldk fdjk;k 1]000@& :0
 Rs.1000/- per month. At the end of the izfr ekg gS] ds fy, 8]000@& :0
financial year, the prepaid expense balance is: vfxze fdjk;s ds :Ik esa Hkqxrku fd,A
foRrh; o”kZ dh lekfIr ij iwoZlanRRk
e) Rs. 8000/- in Asset ‘ks”k gS %&
f) Rs. 6000/- in Liability a) vkfLr esa 8]000@& :0
g) Rs. 6000/- in Asset
h) Rs. 7000/- in Asset
b) ns;rk esa 6]000@& :0
c) vkfLr esa 6]000@& :0
d) vkfLr esa 7]000@& :0
15. Haridas Agencies Co purchased equipment gfjnkl ,tsalht daiuh us 10 yk[k
worth Rs. 10 Lakhs by paying Rs. 2 Lakhs :0 dher ds midj.k nks yk[k :0
upfront and promised to pay the balance in 30 rRdky nsdj [kjhn fy;k vkSj ‘ks”k dk
days. The journal entries to record this Hkqxrku 30 fnu ds Hkhrj pqdkus dk
transaction will include: opu fn;kA bl laO;ogkj ds fjdkWMZ ds
fy, tuZy izfof”V;ksa esa ‘kkfey gksxh%
i) Debit equipment for Rs. 2 Lakhs and a) nks yk[k :Ik;s ds fy;s MsfcV
credit cash for Rs. 2 Lakhs midj.k rFkk nks yk[k :Ik;s ds
j) Debit equipment for Rs. 10 Lakhs and fy, ØsfMV dS’k
credit cash for Rs. 2 Lakhs, creditors b) 10 yk[k ds fy;s MsfcV midj.k
for Rs. 8 Lakhs rFkk 2 yk[k ds fy, ØsfMV dS’k
k) Debit equipment for Rs. 10 Lakhs and :0 8 yk[k ds fy, ØsfMVlZA
credit debtors for Rs. 8 Lakhs c) MsfcV midj.k ds fy, 10 yk[k
l) Debit equipment for Rs. 10 Lakhs and rFkk :0 8 yk[k ds fy;s ØsfMV
credit cash for Rs. 10 Lakhs _.knkrkA
d) nl yk[k :0 ds fy, MsfcV
midj.k ds fy, ØsfMV dS’k vkSj
10 yk[k :Ik;s A
16. Karan started a business with cash of dj.k us nks yk[k :Ik;s udnh ds lkFk
Rs.2,00,000/-, purchased goods from Monu for ,d O;olk; ‘kq: fd;k] :0
cash Rs. 40,000/-, sold goods to Dinesh costing 40]000@& udn es eksuw ls eky
Rs. 10,000/- at Rs. 12,000/-, and brought [kjhnk] 10]000@& :0 ykxr ds eky
furniture on credit of Rs.7,000/-. What are the dks 12]000@& esa fnus’k dks csp fn;k
assets of Karan?
vkSj 7]000@& :0 m/kkj ij QuhZpj ys
vk;kA dj.k dh vkfLr;kWa D;k gS\
m) Cash Rs. 1,60,000/- + Goods Rs. a) 1]60]000 :0 udn +
30,000/- + Debtors Rs. 12,000/- + 30]000 :0 dk eky +
Furniture Rs. 7,000/- 12]000 :0 dk _.kh +
n) Cash Rs. 1,48,000/- + Goods Rs. 7]000 :0 dk QuhZpj
28,000/- + Debtors Rs. 10,000/- + b) 1]48]000 :0 udn +
Furniture Rs. 7,000/- 28]000 :0 dk eky +
o) Cash Rs. 1,48,000/- + Goods Rs. 10]000 :0 dk _.kh +
30,000/- + Debtors Rs. 10,000/- + 7]000 :0 dk QuhZpj
Furniture Rs. 7,000/- c) 1]48]000 :0 udn +
p) Cash Rs. 1,60,000/- + Goods Rs. 30]000 :0 dk eky +
28,000/- + Debtors Rs. 10,000/- + 10]000 :0 dk _.kh +
Furniture Rs. 7,000/- 7]000 :0 dk QuhZpj
d) 1]60]000 :0 udn +
28]000 :0 dk eky +
10]000 :0 dk _.kh +
7]000 :0 dk QuhZpj
17. The Builder Co purchased land for Rs. 12,000/- ,d fcYMj daiuh us 12]000@& :0
. The payment is made by issuing 1,200 shares esa tehu ¼Hkwfe½ [kjhnhA bldh vnk;xh
of common stock of Rs. 10/- each. The proper 10 :0 izfr lkekU; LVkWd dh dher
ds 1]200@& ‘ks;j tkjh djds dh xbZA
 journal entry for this transaction would be: bl laO;ogkj ds fy, mfpr tuZy
izfof”V gksxh%
q) Land Rs. 12,000 Dr & Cash Rs. 12,000 a) Hkwfe ds fy, 12]000@& :0
Cr MsfCkV vkSj udn 12]000@& :0
r) Land Rs. 12,000 Dr & Accounts ØsfMVA
Payable Rs. 12,000 Cr b) Hkwfe ds fy, 12]000@& :0
s) Common stock Rs. 12,000/- Dr & Land MsfCkV vkSj 12]000@& :0 ns;
Rs. 12,000 Cr ys[kkA
t) Land Rs. 12,000 Dr & Common stock c) lkekU; LVkWd 12]000@& :0
Rs. 12,000 Cr MsfCkV vkSj Hkwfe ds fy,
12]000@& :0 ØsfMVA
d) Hkwfe ds fy, 12]000@& :0
MsfCkV vkSj 12]000@& :0
dkWeu LVkWd ds ØsfMVA
18. The receipt of cash from customers to whom mu xkzgdksa ls izkIr udnh ftUgsa eky
goods have already been sold on credit would igys gh ØsfMV ij cspk tk pqdk gS dks
be recorded as: bl izdkj ntZ fd;k tk;sxk%
u) Debit to cash A/c & credit to Accounts a) udn [kkrs esa MsfcV vkSj ns;
Payable A/c ys[kk [kkrs essaA
v) Debit to cash A/c & credit to Accounts b) udnh [kkrs esa MsfcV vkSj izkfIRk
Receivable A/c ys[kk [kkrs esa ØsfMVA
w) Debit to Accounts Payable A/c & credit c) ns; ys[kk [kkrs esa MsfCkV vkSj
to cash A/c udnh [kkrs esa ØsfMVA
x) Debit to Accounts Receivable A/c & d) izkIr ;ksX; ys[kk [kkrs esa MsfcV
credit to cash A/c vkSj udn [kkrs esa ØsfMVA
19. Find out the correct sequence of accounting ys[kk&pØ dk lgh Øe crk,a\
cycle? a) tuZy& [kkrkcgh i= ‘ks”k ijh{k.k
a) Journal- Ledger- Trial balance- i= laO;ogkj dk fjdkMZ
recording of transaction- adjustment &lek;kstu izfof”V;kWa&lek;kstu
entries- adjustment trial balance-
‘ks”k ijh{k.k i=& laoj.k
closing entries- financial statements.
b) Recording of transaction- Journal- izfof”V;kWa &foRRkh; [Link]
Ledger- Trial balance- adjustment b) laO;ogkj dk fjdkMZ& tuZy
entries- adjustment trial balance- &[kkrkcgh & ‘ks”k ijh{k.k i= &
closing entries- financial statements. lek;kstu izfof”V;kWa &
c) Ledger- Journal- Trial balance- lek;kstu ‘ks”k ijh{k.k i=&
recording of transaction- adjustment
laoj.k izfof”V;kWa &foRRkh;
entries- adjustment trail balance-
closing entries- financial statements. [Link]
d) Recording of transaction- Journal- c) [kkrkcgh & tuZy & ‘ks”k i=
ledger- adjustment entries- Trail &laO;ogkj dk fjdkMZ& lek;kstu
balance- adjustment trail balance- izfof”V;kWa ijh{k.k & lek;kstu
closing entries- financial statements. ‘ks”k ijh{k.k i=& laoj.k
izfof”V;kWa &foRRkh; fooj.k A
d) laO;ogkj dk fjdkMZ&tuZy&[kkrk
cgh& lek;kstu izfof”V;kWa & ‘ks”k
ijh{k.k i=& lek;kstu ‘ks”k
ijh{k.k i=&laoj.k izfof”V;kWa &
foRRkh; [Link]
20. What is not the benefit of double entry system? nksgjh izfof”V [Link] dk dkSu lk ykHk
ugha gS\
a) It ensures arithmetical accuracy of the a) ;g izR;sd MsfCkV izfo”V ds fy;s
 books of account, for every debit entry ys[kk cgh dh [Link]; ‘kq)rk
there is corresponding and equal credit lqfuf’pr djrh gS fd ;g ln`’k
entry. vkSj cjkcj ØsfMV izfof”V gSA
b) It prevents and minimize frauds. b) ;g diV jksdrh gS vkSj diV
Moreover frauds can be detected at de djrh gSA blds vfrfjDr
early stage. diV dk ‘kq:vkrh voLFkk esa
c) The system discloses all the errors irk yxk;k tk ldrk gSA
committed in the books of account. c) bl [Link] ls ys[kk cgh es dh
d) The businessman can compare the xbZ lHkh =qfV;ksa dks izdV djrh
financial position of the current year gSA
with that of the past year’s. d) dkjksckjh orZeku o”kZ dh foRRkh;
fLFkfr dk fiNYks o”kksZa dh fLFkfr
ls rqyuk dj ldrk gSA
21. According to which of the following fuEufyf[kr esa ls fdl ys[kk ladYiuk
accounting concepts, even the owner of a ds vuqlkj dkjksckj dk Lokeh Hkh
business is considered as creditor to the extent viuh iawWth dh lhek rd ysunkj
of his capital? le>k tkrk gS\
a) Money measurement concept a) /ku ekiu ladYiuk
b) Dual aspect concept b) nksgjh igyw ladYiuk
c) Business entity concept c) dkjksckjh vfLrRo ladYiuk
d) Realization concept d) olwyh ladYiuk
22. A trader purchases goods for Rs. 25,00,000, of ,d O;kikjh :0 25]00]000@& dk
these 80% of goods were sold during the year. eky [kjhnrk gS] ftlesa ls 80% eky
At the end of 31st December 2021, the market o”kZ ds nkSjku csp nsrk gSA 31 fnlacj]
value of such goods were Rs.5,00,000. But the 2021 ds var esa bl eky dh dher
trader recorded in his books for Rs.7,50,000. :0 5]00]000@& FkhA ysfdu O;kikjh
Which of the following concept is violated? us viuh cgh esa :0 7]50]000@&
n’kkZ;kA fuEufyf[kr esa ls dkSu lh
a) Money measurement ladYiuk dk mYYka[ku fd;k x;k gS\
b) Conservatism a) /ku ekiu
c) Consistency b) laj{[Link]
d) None of these c) laxrrk
d) buesa ls dksbZ ugha
23. Under which concept final accounts must be fdl ladYiuk ds varxZr vafre ys[k
prepared on a periodic basis rather than waiting dks RkS;kj djus ds fy, dkjksckj dh
till the business is terminated: lekfIRk dk bartkj djus ds ctk;
a) Money measurement concept vkof/kd vk/kkj ij rS;kj djuk pkfg,A
b) Accounting Period Concept a) /ku ekiu ladYiuk
c) dual aspect concept b) ys[kk vof/k ladYiuk
d) Cost concept c) nksgjh igyw ladYiuk
d) ykxr ladYiuk
24. Match the following: fuEufyf[kr dk feyku djsaA
Accountin Concepts to ys[kk ladYiuk
g Type which the izdkj ftlesa ys[kk
Accounting izdkj lacaf/kr
type belongs to gSA
(i) Manageme A It is the process (i) izca/ku A ;g O;kikj
nt of preparing ys[kkdj.k djus ls
Accounting reports about lacaf/kr fjiksVZ
business cukus dh og
operations that izfØ;k gS] tks
help manager izca/kd dks
make short term y?kq vof/k
 and long term vkSj nh?kkZof/k
decisions. [Link]; ysus esa
lgk;rk djrh
gSA

(ii) Tax B It is a specific (ii) dj B ;g ys[kkdj.k

Accounting branch of ys[kkdj.k dh ,d
accounting fof’k”V ‘kk[kk
involving a gS ftlesa
process of fdlh vof/k
recording, ds nkSjku
summarizing dkjksckj
and reporting the izpkyu ls
myriad of mRiUUk vla[;
transactions laO;ogkj dh
resulting from fjdkW f Ma x ]
business la{ksihdj.k
operations over a vkSj fjiksfVax
period of time. gksrh gSA
(iii) Environme C It refers to (iii) i;[Link]; C ;g lkekU;
ntal modification of ys[kkdj.k lalk/kuksa ds
Accounting the system of iz ; ks D rk ;k
National vo{k; dks
accounts to lekfo”V djus
incorporate the ds fy, jk”Vªh;
user (or) ys[kk [Link]
depletion of esa lq/kku ds
normal lanHkZ esa gSA
resources. (iv) foRRkh; D ;g ys[kkdj.k
(iv) Financial D It is the ys[kkdj.k dk mi[kaM gS]
Accounting subsector of ftlesa
Accounting that dj&[Link]
deals with the vkSj dj
preparation of Hkq x rku dh
tax returns and rS ; kjh gks rh
tax payments. gS A
a) (i) B (ii) D (iii) C (iv) A a) (i) B (ii) D (iii) C (iv) A
b) (i) A (ii) B (iii) C (iv) D b) (i) A (ii) B (iii) C (iv) D
c) (i) A (ii) D (iii) C (iv) B c) (i) A (ii) D (iii) C (iv) B
d) (i) D (ii) B (iii) C (iv) A d) (i) D (ii) B (iii) C (iv) A
25. Which of the following is INCORRECT fuEufyf[kr esa ls dkSu lk dFku xyr
statement? gS\
a) An intangible asset is an asset that a) ,d vewrZ vkfLr og vkfLr
lacks physical substance. gksrh gS ftlesa HkkSfrd inkFkZ ugha
b) Examples of intangible assets are ik, tkrs gSaA
patents, copy rights, franchise, b) vewrZ vkfLr ds mnkgj.k gSa&isVsaV]
goodwill, trademarks, trade names and dkWih jkbV~l] QsUpkbZt xqMfoy]
software. VªsM ekdZ] VªsM usEl ,oa
c) The value of an intangible asset is lkW¶Vos;jA
arrived by simple method whereas the c) vewrZ vkfLr dk ewY; lk/kkj.k
value of tangible asset is arrived by fof/k ls izkIr gksrk gS tcfd ewrZ
complex method. vkfLr dk ewY; tfVy fof/k ls
d) Knowledge is an intangible asset. izkIr gksrk gSA
 d) Kku ,d vewrZ vkfLr gSA
26. Which of the following is a CORRECT fuEufyf[kr esa ls dkSu lk dFku lgh
statement? gS\
y) Realisation account is prepared at the a) Lkk>snkjh QeZ ‘kq: djrs le;
time starting the partnership firm. owlyh [kkrk cuk;k tkrk gSA
z) Realisation account is prepared at the b) Uk;k lk>snkj ‘kkfey gkssrs le;
time of joining the new partner. olwyh [kkrk cuk;k tkrk gSA
aa) Realisation account is prepared at the c) ekStwnk lk>snkjksa dh ‘ks;j /kkfjr
time of changing the share holding esa ifjorZu ds le; olwyh
partners of existing partners. [kkrk cuk;k tkrk gSA
bb) Realisation account is prepared at the d) lk>snkjh QeZ ds fo?kVu ds
time dissolution of partnership firm. le; olwyh [kkrk cuk;k tkrk
gSA
27. Mr Murugan is a doctor working in M/s Jheku eq:xu ,d MkWDVj gS vkSj
Wellness hospital and he receives Tax eSllZ osyuSl vLirky esa dk;ZjÙk gS
deduction certificate of Rs.12,00,000/- from the vkSj mlds fu;ksDrk eSllZ oSyusl
employer M/s Wellness hospital whereas he vLirky ls mUgsa 12]00]000@& :0
receives only Rs.10,00,000/- through banking dh vk; ij dj dVkSrh dk [Link]=
channel for the year ended 31st March 2022. izkIRk gqvk gS] tcdh cSfdax ds ek/;e
When the return of income is filed, he offers ls mls 31 ekpZ] 2022 dks lekIr
only Rs. 10,00,000/- as his annual income. Mr. o”kZ ds fy, dsoy 10]00]000@& :0
Murugan has offers his annual income as per izkIr gq, gSA vk; dh [Link] nkf[ky
the following accounting system. djrs le; og viuh okf”kZd vk;
10]00]000@& :0 n’kkZrk gSA Jheku
a) Mercantile system of accounting. eq:xu us fuEufyf[kr ys[kk i)fr ds
b) Hybrid system of accounting. ek/;e ls viuh vk; n’kkZ;h gSA
c) Cash system of accounting. a) O;kikfjd ys[kk i)frA
d) Mercantile system of accounting from b) fefJr ys[kk i)frA
April 2021 to September 2021 and c) udn ys[kk i)frA
cash system of accounting from
October 2021 to March 2022.
d) vizSy] 2021 ls flrEcj]
2021 rd O;kikfjd ys[kk
i)fr ls vkSj vDVwcj] 2021
ls ekpZ] 2022 rd udn
ys[kk i)fr lsA
28. Mr Kumar is a money lender who has prepared Jh dqekj ,d _.knkrk gSa ftUgksaus
provisional Profit and Loss account and arrives अनं तम ykHk o gkfu [kkrk cuk;k gS
the net profit of Rs. 10,00,000 as on vkSj fnukad 31-03-2022 rd mUgsa
31.03.2022. While preparing the provisional :0 10]00]000@& dk ‘kq) ykHk gqvk
profit and Loss account, he failed to include the
bad debts of Rs. 1,50,000/- and realization of gSA अनं तम ykHk o gkfu [kkrk cukrs
bad debts of Rs. 1,85,000/- in the Profit and le; mUgksaus vius [kkrs esa :0
Loss account. Which one of the following is 1]50]000@& ek= ds v’kks/; _.k vkSj
the actual net profit of Mr Kumar? :0 1]85]000@& ek= ds v’kks/; _.k
dh olwyh ‘kkfey ugha dhA fuEufyf[kr
a) Rs. 10,25,000/- esa ls Jh dqekj dk ‘kq) ykHk D;k
b) Rs. 10,45,000/- gksxk\
c) Rs. 10,85,000/- a) :0 10]25]000@& ek=
d) None of the above. b) :0 10]45]000@& ek=
c) :0 10]85]000@& ek=
d) mi;qZDr esa ls dksbZ ughaA
29. Consider the following statement: fuEufyf[kr dFkuksa ij fopkj dhft,\
(i) Double entry accounting is also known (i) nksgjh izfof”V ys[kk dks nksgjh
as double entry book keeping. izfof”V okyk cgh [kkrk Hkh dgk
 (ii)In double entry accounting every entry tkrk gSA
to an account requires a corresponding (ii) nksgjh ys[kk izfof”V esa] fdlh [kkrs
and opposite entry to the same esa dh tkus okyh izR;sd izfof”V
account. ds fy;s] le:Ikh rFkk foijhr
(iii) In double entry accounting, a izfof”V] mlh [kkrs esa dh tkuh
transaction entry in one account does visf{kr gSA
not affect entry in another account. (iii) nksgjh izfof”V ys[kk esa ,d [kkrs
(iv) In double entry accounting credits and esa dh xbZ laO;ogkj izfo”V nwljs
debits are equal in a transaction. [kkrs dh izfof”V dks izHkkfor ugha
Which of the above statements are true? djrhA
a) (i) & (iv) (iv) nksgjh izfof”V ys[kk esa fdlh
b) (ii) & (iii) laO;ogkj ds MsfcV vkSj ØsfMV ,d
c) (i), (ii) & (iv) leku gksrs gSA
d) (i), (ii), (iii) & (iv) mi;qZDr esa ls dkSu lk dFku lgh gS\
a) (i) vkSj (iv)
b) (ii) vkSj (iii)
c) (i), (ii) vkSj (iv)
d) (i), (ii), (iii) vkSj (iv)
30. The company XYZ Ltd is engaged in XYZ daiuh fofuekZ.k dk dk;Z djrh gS
manufacturing activity and negotiated with vkSj daiuh ds 25% ‘ks;jksa ds fodz;
High Net worth Individual (HNI) for sale of gsrq mPPk fuoy ewY; O;fDr;ksa ds lkFk
25% of shares of the company. For arriving the eksy&Hkko fd;k gSaA O;kikj ds ewY;kadu
valuation of the business, the company has ds fy,] daiuh us izR;sd Hkfo”; udnh
calculated the present value of each of these izokg ds orZeku ewY; dh [Link] dh
future cash flows. Which one of the following gSA fuEufyf[kr esa ls dkSu lk dFku
statement is true? lgh gS\
a) daiuh us O;kikj ds ewY;kadu
a) The company has adopted net asset ds fy, ‘kq) vkfLr i)fr dks
method for valuation of the business. viuk;k gSA
b) The company has adopted discounted b) daiuh us O;kikj ds ewY;kadu
cash flow method for valuation of the ds fy, fMLdkmafVM udnh izokg
business. i)fr dks viuk;k gSA
c) The company has adopted net asset
c) daiuh us O;kikj ds ewY;kadu
method and discounted cash flow
ds fy, ‘kq) vkfLr i)fr vkSj
method for valuation of the business.
fMLdkmafVM udnh izokg i)fr
d) The company has adopted gross asset dks viuk;k gSA
method for valuation of business.
d) daiuh us O;kikj ds ewY;kadu
ds fy, ldy vkfLr i)fr dks
viuk;k gSA
31. Assertion (A): A trial balance is a book vfHkdFku (A): ‘ks”k ijh{k.k i= og
keeping worksheet in which the balance of all ys[kkcgh i= gS ftlesa lHkh [kkrksa ds
ledgers is compiled into debit and credit ‘ks”k dks MsfcV vkSj ØsfMV [kkrksa ds
account column totals that are equal. dkWye ds dqy esa lesfdr fd;k tkrk
gS] tks cjkcj gksrs gSA
Reason (R): The suspense account given in
the trial balance will be entered in the balance dkj.k (B) % ‘ks”k ijh{k.k i= esa fn,
sheet. x, mpar [kkrs dh izfof”V rqyu i= esa
dh tk,xhA
a) Both A & R are true. a) A vkSj R nksuksa lgh gSA
b) A is true & R is false. b) A lgh gS vkSj R xyr gSA
c) A is false & R is true. c) A xyr gS vkSj R lgh gSA
d) Both A & R are true and R is correct
d) A vkSj R nksuksa lgh gS vkSj R,
explanation of A.
A dk lgh Li”Vhdj.k gSA
32. Consider the following statements. fuEufyf[kr dFkuksa ij fopkj djs%
(i) Balance in the suspense account will be (i) mfpUr [kkrs ds cdk;k dks dsoy
shown in profit and loss adjustment ykHk vkSj gkfu lek;kstu [kkrs
account only. eas gh fn[kk;k tk,xkA
(ii) Balance in the suspense account will be (ii) mfpUr [kkrs ds cdk;k dks dsoy
shown in profit and loss appropriation ykHk vkSj gkfu fofu;kstu [kkrs
account only. esa gh fn[kk;k tk,xkA
(iii) Balance in the suspense account will be (iii) mfPkUr [kkrs ds cdk;k dks dsoy
shown in asset side of balance sheet only rqyui= ds vkfLr dh rjQ gh
Which of the above statement is TRUE? fn[kk;k tk,xkA
a) (ii) mijksDr esa ls dkSu lk dFku lgh gS\
b) (i) a) (ii)
c) (iii) b) (i)
d) None of the above. c) (iii)
d) mijksDr esa dksbZ ughaA
33. Ajay is a trader who has arrived net profit of vt; ,d O;kikjh gS ftls 31 ekpZ]
Rs. 10,000/- for the year ended 31st March 2022 dks lekIr o”kZ esa :0
2022. He has the sales return of Rs 1000/- 10]000@& dk ‘kq) ykHk gqvkA mldh
whereas the sale return of Rs 750/- was entered foØ; okilh :0 1000@& gS tcfd
in profit and loss account. He has the purchase ykHk vkSj gkfu [kkrs esa foØ; okilh
return of Rs 2000 whereas the purchase return :0 750@& ntZ dh xbZ gSA mldh Ø;
of Rs 1000 entered in the profit and loss okilh :0 2000@& gS tcfd ykHk
account. What is the actual net profit for Ajay vkSj gkfu [kkrs esa Ø; okilh :0
as on 31st March 2022? 1000@& ntZ dh xbZ gSA 31 ekpZ]
2022 dks vt; dk okLrfod ‘kq)
a) Rs 10,750/- ykHk D;k gS\
b) Rs. 12,000/- a) :0 10]750@&
c) Rs 11,750/- b) :0 12]000@&
d) Rs 10,000/- c) :0 11]750@&
d) :0 10]000@&
34. Choose the incorrectly matched pair out of the fuEufyf[kr esa ls xyr feyku fd;s
following: x;s ;qXe dk p;u djs%
a) Credit balance in the cash book: Final a) jksdM+ cgh esa tek cdk;k%
cash balance is negative vafre jkssdM+ cdk;k udkjkRed
b) Credit balance in the Profit & Loss gSA
account: Income is more than b) ykHk vkSj gkfu [kkrs esa tek
expenses. ‘ks”k% O;; ls vf/kd vk; gSA
c) Credit balance in the suspense c) mfpUr [kkrs esa tek ‘ks”k%
account: Shown on asset side of the rqyui= ds vkfLr dh rjQ
balance sheet. fn[kkbZ xbZ gSA
d) Credit balance in the bank account : d) cSad [kkrs esa tek ‘ks”k% cSad dks
Amount payable to the bank Hkqxrku;ksX; jkf’kA
35. For a bookshop owner, which of the following ,d iqLrd foØsrk ds fy, fuEufyf[kr
item is a capital receipt? esa ls dkSu lk en iwathxr izkfIr gS\
a) izdk'kd ls foØ; deh’ku dh
a) Receipt of sales commission from the izkfIRkA
publisher b) ys[ku&lkexzh ds vkiwfrZdrkZ ls
b) Cash discount from a supplier of udn dVkSrhA
stationery c) iqjkuh cqd’ksYQ ds fuiVku ls
c) Proceeds from the disposal of old equkQkA
bookshelf d) uksVcqd ds foØ; ls izkIr
 d) Cash from sale of notebooks udnhA
36. Amount spent as lawyer’s fee to defend a suit bl nkos ds lkFk fd QeZ dh QSDVªh
claiming that the firm’s factory site belonged to lkbV oknh dh Hkwfe gS] ,d okn ds
the plaintiff land is: izfrokn esa odhy dh ‘kqYd ds :Ik esa
fd;k x;k O;; gS%
a) Revenue Expenditure a) jktLo O;;A
b) Capital Expenditure b) iawthxr O;;A
c) Deferred Revenue Expenditure c) vkLFkfxr jktLo O;;A
d) None of the above d) mijksDr esa dksbZ ugha
37. The amount of ‘Subscription received from ,d ykHk fujis{k ¼ukWu izksfQV½ laxBu
members’ by a Non-profit organization is dks] lnL;ksa ls izkIRk pUnsa dh jkf’k
shown in which of the following? fuEufyf[kr esa ls fdlesa fn[kkbZ tkrh
gS\
a) Debit side of Income and Expenditure a) vk; vkSj O;; ys[kk dh MsfcV
Account lkbM esaA
b) Credit side of Income and Expenditure b) vk; vkSj O;; ys[kk dh ØsfMV
Account lkbM esa
c) Liability side of Balance Sheet c) rqyu i= dk ns;rk lkbM esaA
d) Assets side of Balance Sheet d) rqyu i= dh vkfLr lkbM esaA
38. Which of the following represent capital fuEufyf[kr esa ls D;k iawthxr izkfIr
receipt: dks crkrh gS%
a) Life Membership Subscription a) vthou lnL;rk pankA
b) Donation b) nku
c) Subscription c) pank
d) Interest on Investments d) fuos’k ij C;ktA
39. Salary paid in cash during the current year was orZeku o”kZ ds nkSjku udn Hkqxrku
₹30,000; Outstanding salary at the end of fd;k x;k osru :0 30]000@& Fkk(
previous year was ₹2,000 and outstanding fiNys o”kZ dh lekfIRk ij cdk;k osru
salary at the end of current year was ₹3,000. :0 2000@& FkkA orZeku o”kZ dh
Salary paid in advance during current year for lekfIr ij cdk;k osru :0
next year was ₹2,600. The amount debited to 3000@& FkkA orZeku o”kZ ds nkSjku
Income and Expenditure Account will be: vxkeh o”kZ ds fy, vfxze :Ik esa
Hkqxrku fd;k x;k osru :0 2]600@&
a) Rs. 33,600/- FkkA vk; vkSj O;; [kkrs esa MsfcV xbZ
b) Rs. 26,400/- jkf’k gksxh%
c) Rs. 31,600/- a) :0 33]600@&
d) Rs. 28,400/- b) :0 26]400@&
c) :0 31]600@&
d) :0 28]400@&
40. Mr. A who is a builder sells a building for an Jheku ^A* tks fd ,d fcYMj gS ,d
amount of Rs. 50,00,000/- and Mr. Y who is a fcfYMax :0 50]00]000@& esa csprs gS
shopkeeper also sells a building for an amount vkSj Jheku ^Y* Hkh] tks fd ,d
of Rs.50,00,000/-. Which of the following nqdkunkj gS] ,d fcfYMax dks :0
statements is correct: 50]00]000@& es csprs gSA fuEufyf[kr
esa ls dkSu lk dFku lgh gS%
a) This receipt of Rs. 50,00,000/- by each a) nksuksa ds }kjk :0
of them is a capital receipt. 50]00]000@& dh ;g izkfIr
b) This receipt of Rs. 50,00,000/- by each ,d iwathxr izkfIr gSA
of them is a revenue receipt. b) nksuksa ds }kjk :0
c) This receipt of Rs. 50,00,000/- is a 50]00]000@& dh ;g izkfIr
capital receipt in the hands of Mr. A and ,d jktLo izkfIr gSA
revenue receipt in the hands of Mr. Y. c) :0 50]00]000@& dh ;g
 d) This receipt of Rs. 50,00,000/- is a izkfIr Jheku ^A* ds fy;s
revenue receipt in the hands of Mr. A iwathxr izkfIr vkSj Jheku ^Y*
and capital receipt in the hands of Mr. ds fy;s jktLo izkfIr gSA
Y. d) :0 50]00]000@& dh ;g
izkfIr Jheku ^A* ds fy;s jktLo
izkfIr vkSj Jheku ^Y* dh fy;s
iawthxr izkfIr gSA
41. Mr. A purchased a second-hand car for his Jh A us :0 2]30]000@& esa vius
business for an amount of Rs.2,30,000/-. O;kikj ds fy, ,d iqjkuh dkj [kjhnhA
Rs.10,000/- was spent for registration and iathdj.k ,oa chek cuokus esa
insurance. Petrol was filled for an amount of 10]000@& :0 [kpZ gks x,A 2000@&
Rs.2000/-. The car should be capitalized for an :0 dk isVªksy Hkjok;k x;kA dkj
amount of: fdrus :0 esa iwWath esa [Link] gksxh\
a) :0 2]30]000@&
cc) Rs. 2,30,000/- b) :0 2]40]000@&
dd) Rs. 2,40,000/- c) :0 2]42]000@&
ee) Rs. 2,42,000/- d) dkj dks iwath esa [Link] ugha
ff) Car should not be capitalized gksxhA
42. Which one of the following is a revenue fuEukafdr esa ls dkSu lk jktLo dk
expenditure: O;; gS\
a) daiuh ds u, mRikn ds ykWp
gg) Heavy advertisement spent on launching ds le; foKkiu ij Hkkjh [kpZ
of a company’s new product. b) vkfLr ds rS;kj gksus ls iwoZ
hh) Interest paid on loan taken for fuekZ.k gsrq fy, x, dtZ ij
construction of building before the asset vnk fd;k x;k C;kt
is ready. c) u;h [kjhnh xbZ iwathxr vkfLr
ii) Installation charges of a newly dks LFkkfir (Installation) djus
purchased capital asset. dk ‘kqYdA
jj) Drawings by a partner of a firm. d) fdlh QeZ ds Hkkxhnkjksa }kjk
[Link]
43. An income and expenditure account reveals : vk; ,oa O;; ys[kk cpr gS%
kk) Cash position a) uxn dh fLFkfrA
ll) Capital fund b) iWawthxr fuf/kA
mm) Surplus or deficit c) vf/k’ks”k ;k ?kkVkA
nn) None of the above d) mijksDr esa ls dksbZ ughaA
44. A factory owner incurred following expenses: fdlh QSDVªh ds ekfyd us fuEufyf[kr
[kpsZ fd;s%
(i) Purchased a machinery for extension of (i) O;kikj dh o`f) ds fy, e’khu
business dh [kjhnA
(ii) Paid the wages to the machine operators
(ii) Ek’khu vkWijsVjksa ds osru dk
(iii) Paid the wages for construction of the
HkqxrkuA
new office building
(iv) Paid rent for old building (iii)dk;kZy; dh ubZ bekjr ds
Which one of the above is not a capital fuekZ.k ds fy, etnwjh dk
expenditure: HkqxrkuA
a) (i) and (ii) (iv) iqjkuh bekjr ds fdjk, dk
b) (ii) and (iv) HkqxrkuA
c) (iii) and (iv) a) (i) ,oa (ii)
d) (ii) and (iii) b) (ii) ,oa (iv)
c) (iii) ,oa (iv)
d) (ii) ,oa (iii)
45. Which one of the following is incorrect? fuEukafdr esa ls dkSu lk xyr gS\
a) cgh&[kkrk (Book-keeping) ekfyd
a) Book-keeping does not help the owners dks equkQk] ?kkVk] vkfLr;kW ,oa
to find out profit, losses, assets and ns;rk irk djus esa enn ugha
liabilities. djrkA
b) Lenders can study the creditworthiness b) ys[kk cgh dh enn ls m/kkj
of the business firm with the help of nsus okyk] fdlh O;kikj QeZ
books of accounts. dh lk[k dk vkadyu dj
c) Book-keeping enables investors to take ldrk gSA
a decision whether to invest or not. c) cgh [kkrk i)fr fuos’kdksa ;g
d) Various departments of government will [Link]; ysus esa enn djrh gS
be able to find out the taxes due from fd os fuos’k djsa ;k ughaA
various sources with the help of books d) ys[kk cgh dh enn ls ljdkj
of accounts. ds fofHkUUk foHkkx] fofHkUUk
L=ksrksa ij ns; djksa dk irk
yxk ika,xsA
46. Double entry system of book-keeping refers to cgh [kkrk i)fr dh nksgjh izfof”V
a system where, ____________. [Link] ,d ,slh i)fr gS tgkWa &&&&
a) ukes ‘ks”k dh ys[kk la[;k] tek
a) the number of accounts with a debit ‘ks”k dh ys[kk la[;k es esy
balance must agree with the number of [kkuh pkfg,A
accounts with the credit balance b) izR;sd varj.k nks ckj] ,d ckj
b) each transaction is recorded twice, jkstukeps (journal) esa ,oa
once in journal and then in ledger rRi’pkr ystj esa ntZ fd;k
c) equal debit and credit entries are made tkuk pkfg,A
for each transaction c) izR;sd varj.k ds fy, leku
d) each transaction is recorded in two set fodyu ,oa tek izfof”V ntZ
of account book gksuh pkfg,A
d) izR;sd varj.k ys[kk cgh ds nks
lsV esa ntZ gksuk pkfg,A
47. Business is commenced with cash Rs.50000/- :0 50]000@& uxn ds lkFk vkjEHk
involves two accounts i.e. Cash Account and gq, ,d O;kikj ds fy;s nks ys[kk
______ ‘kkfey gksaxs vFkkZr~ uxnh ys[kk ,oa
&&&
a) Drawings Account a) vkgj.k ys[kkA
b) Asset Account b) vkfLr ys[kkA
c) Capital Account c) iwathxr ys[kkA
d) None of these d) mijksDr esa ls dksbZ ughaA
48. Purchase of fixed assets for cash would: udn ls fLFkj vkfLr;ksa dh [kjhn%&
a) pkyw ,oa fLFkj vkfLr;ksa dks
oo) Reduce Current and Fixed Assets de djsxhA
pp) Keep Current and Fixed Assets b) pkyw ,oa fLFkj vkfLr;ksa esa
unchanged dksbZ ifjorZu ugha gksxkA
qq) Reduce Current asset and Increase Fixed c) pkyw vkfLr;ksa dks de djsxk
Assets ,oa fLFkj vkfLr;ksa dks c<k,xkA
rr) Increase Current asset and Reduce Fixed d) pkyw vkfLr;ksa dks c<+k,xk ,oa
Assets fLFkj vkfLr;ksa dks de djsxkA
49. Two Fundamental Rules are followed to record bu [kkrksa esa gq, ifjorZu dks fjdkWMZ
the changes in these accounts: djus ds fy, nks ewyHkwr fu;eksa dk
ikyu fd;k tkrk gSA
1. For recording changes in 1. vkfLr@ [kpZ@gkfu esa vk;s ifjorZu
 Assets/Expenses/Losses “Increase in Asset dks ys[kkc) djus ds fy, ^^vkfLr
is debited, and decrease in Asset is esa o`f) dks MsfCkV fd;k tkrk gS
credited.” “Increase in Expenses/Losses is vkSj vkfLr esa deh dks ØsfMV
debited, and decrease in Expenses/ Losses is fd;k tkrk gSA ^^[kpZ@gkfu esa gqbZ
credited.” o`f) dks MsfcV fd;k tkrk gS vkSj
[kpZ@gkfu esa vkbZ deh dks ØsfMV
2. For recording changes in Liabilities, fd;k tkrk gS**A
Capital and Revenue/Gains “Increase in 2. ns;rk iwWath vkSj jktLo@ ykHk esa
Liabilities is credited and decrease in vk;s ifjorZu dks ys[kkc) djus ds
Liabilities is debited.” “Increase in Capital fy, ns;rk esa vkbZ o`f) dks ØsfMV
is credited and decrease in Capital is fd;k tkrk gS vkSj ns;rkvkas esa vkbZ
debited.” deh dks MsfCkV fd;k tkrk gSA
^^iwaWth esa vkbZ o`f) dks ØsfMV fd;k
Which of the following is correct: tkrk gS vkSj iwWath esa vkbZ deh dks
a) Only (1) MsfCkV fd;k tkrk gS**A
b) Only (2) fuEufyf[kr esa ls dkSu lk lgh gS\
c) Both (1) and (2) a) dsoy (1)
d) None of the above b) dsoy (2)
c) (1) vkSj (2) nksukas
d) mijksDr esa ls dksbZ ughaA
50. The process of keeping accounts under the nksgjh&izfof”V i)fr ds rgr [kkrksa dks
double-entry system: j[kus dh izfØ;k gS:
(i) loZizFke] laO;ogkjksa dks ys[kk dh
(i) At first, transactions are recorded in ,d izkFkfed cgh esa ys[kkc)
the primary book of accounting called a fd;k tkrk gS ftlss [kkrk dgk
ledger tkrk gSA
(ii) In the final stage through financial (ii) vafre pj.k esa] foŸkh; [Link]
statements, the results of all the
ds ek/;e ls] ,d o”kZ dh
financial activities of a year are lHkh foŸkh; xfrfof/k;ksa dk
determined. fu/kkZj.k fd;k tk;sxkA
Which of the following is correct:
a) Only (i) fuEufyf[kr esa ls dkSu&lk lgh gS\
b) Only (ii) a) dsoy (i)
c) Both (i) and (ii) b) dsoy (ii)
d) None of the above c) (i) vkSj (ii) nksukas
d) mijksDr esa ls dksbZ ugha
51. The continuous cycle of keeping accounts is ys[kk&ikyu ds lrr pØ dks ys[kk pØ
known as the accounting cycle. The steps of ds :Ik esa tkuk tkrk gSA ys[kk pØ
accounting cycle are ds pj.k gS A
(i) jkstukepk fy[kuk vkSj [kkrk esa
(i) Journalizing and transfer to Ledger [Link]
(ii) Preparing Trail balance (ii) ‘ks”k ijh{k.k i= rS;kj djukA
(iii) Preparation of Financial statement (iii) foŸkh; fooj.k rS;kj djukA
(iv) Identifying and analysing transactions (iv) laO;ogkjksa dks fpfgUr djuk vkSj
The correct chronological order of accounting fo’ys”k.k djukA
cycle is ys[kk pØ dk lgh Øe gS
a) (i), (ii) ,(iii) and (iv) a) (i), (ii) ,(iii) vkSj (iv)
b) (i), (iii) ,(ii) and (iv) b) (i), (iii) ,(ii) vkSj (iv)
c) (iii), (ii) ,(i) and (iv) c) (iii), (ii) ,(i) vkSj (iv)
d) (iv), (i) ,(ii) and (iii)
d) (iv), (i) ,(ii) vkSj (iii)
52. Consider the following statements fuEufyf[kr dFkukas ij fopkj djsaA
(i) vkod izR;kxe dk [Link]
(i) Returns inwards do not necessarily
 result in a reduction of the cost of vko’;d :Ik ls foØ; gq, eky
goods sold, since goods that were dh ykxr esa deh ds :Ik esa ugha
returned might not necessarily have gksrk gS] D;kasfd eky] ftUgsa okil
been sold to third parties during the fd;k x;k Fkk] t:jh ugha fd
accounting period. mUgsa mlh ys[kk vof/k esa fdlh
(ii) Returns inwards may not involve
vU; ikVhZ dks foØ; fd;k x;k
gksA
goods intended for sale by the buyer
(ii) vkod izR;kxe esa os eky
at all - they may instead be fixed
lfEEkfyr ugha gS ftUgsa Øsrk us
assets or items intended to be dsoy fcØh ds mn~ns’; ls fy;
consumed internally and charged to gks& blds vykok ;s vapy vkfLr
expense. ;k vkarfjd [kir vkSj O;; :Ik
esa izHkkfjr gksus ds mn~ns’; ds
Which of the following is correct: fy, Hkh gks ldrh gSA
fuEufyf[kr esa ls dkSu lk dFku lgh
a) Only (i) gS%
b) Only (ii) a) dsoy (i)
c) Both (i) and (ii) b) dsoy (ii)
d) None of the above c) (i) vkSj (ii) nksukas
d) mijksDr esa ls dksbZ ugha
53. Ram purchases a office equipment for use in jke us vius O;olk; esa mi;ksx ds
business. The office equipment being faulty fy, ,d dk;kZy;&midj.k Ø; fd;kA
was returned to the supplier who refunded the dk;kZy; midj.k ds [kjkc gksus ds
cost to him. Which entries in Ram’s book dkj.k mls vkiwfrZdrkZ dks ykSVk fn;k
record the return of office equipment? x;k ftlus ykxr&ewY; okil dj
fn;kA dk;kZy; midj.k dh okilh dks
a) Bank a/c Dr. ys[kkc) djus ds fy, jke dh ys[kk
To purchase return iqLrdk esa dkSu&lh izfof”V gksxh\
b) Bank a/c Dr a) cSad [kkrk MssfCkV
To office equipment a/c Ø; okilh esa
c) Purchase return a/c Dr
b) cSad [kkrk MsfcV
To bank a/c
dk;kZy; midj.k [kkrk esa
d) Office equipment Dr
To bank a/c c) Ø; okilh [kkr MsfcV
cSad [kkrk esa
d) dk;kZy; midj.k MsfcV
cSad [kkr esa
54. ‘Ram’ has Rs. 3500 due from ‘Shyam’. On jke ds 3500@& :0 ‘;ke ds ikl
January 30, ‘Shyam’ makes a partial payment cdk;k gSA 30 tuojh dks] ‘;ke us
of Rs. 2000 to ‘Ram’. The journal entry made jke dks 2000@& :0 dk vkaf’kd
on January 30 by ‘Ram’ to record this Hkqxrku fd;kA bl laO;ogkj dks
transaction includes: ys[kkc) djus ds fy,] jke }kjk 30
tuojh dks dh xbZ tuZy izfof”V gksxh%
a) ‘Ram’ credit to the cash received a/c of a) udn izkIr [kkrs ls jke dks
Rs.2000/- 2000@& :0 ØsfMV gq,A
b) ‘Ram’ credit to ‘Shyam’s account of b) ‘;ke ds [kkrs ls 2000@& :0
Rs.2000/- jke dks ØsfMV gq,A
c) ‘Ram’ debit to the cash a/c Rs.1500/- c) udn [kkrs ls 1500@& :0 jke
d) ‘Ram’ debit to Shyam’s a/c of dks MsfcV gq,A
Rs.1500/- d) ‘;ke ds [kkrs ls 1500@& :0
jke us MsfcV fd;sA
55. How is credit card sale recorded in the books of ys[kk cfg;ksa esa ØsfMV dkMZ foØ; dks
a/c: dSls fjdkWMZ fd;k tkrk gS%
a) foØ; dh nSfud cgh esa ØsfMV
 a) Recording in the sales day book as foØ; ds :Ik esa fjdkWMZ djukA
credit sales. b) udn [kkrs ls MsfcM djuk vkSj
b) Debiting cash account and crediting jksdM+ cgh esa foØ; [kkrs esa
sales account in the cash book. ØsfMV djukA
c) Debiting bank a/c and crediting sales c) cSad [kkrs ls MsfcV djuk vkSj
account in the cash book. jksdM+ cgh esa foØ; [kkrs esa
d) Debiting customers account and ØsfMV djukA
crediting sales account. d) xzkgd ds [kkrs ls MsfcV djuk
vkSj foØ; [kkrs esa ØsfMV
djukA
56. The electricity bill of march is received in ys[kk o”kZ ds vafre fnu ds Ik’pkr~ ekpZ
April after the last day of accounting year. A ekg dk fo/kqr fcy vizSy ekg esa izkIr
businessman would make an entry in the final gksrk gSA ml o”kZ ds vafre fnu dks
accounts on the last day of the year. dksbZ O;olk;h vafre ys[kk esa izfof”V
djsxkA
a) It should provide a liability of suitable a) bls mfpr jkf’k dh ns;rk dk
amount. izko/kku djuk pkfg,A
b) It should set aside a reserve for the b) blds fy, mls vyx fjtoZ
same. j[kuk pkfg,A
c) Should credit the c) mls jksdM+ cgh@cSad cgh esa ØsfMV
cashbooks/bankbooks djuk pkfg,A
d) It should provide a provision d) mls blds fy, dksbZ O;oLFkk
djuh pkfg,A
57. A Day’s total sale Rs.1500 was posted from the ,d fnu dh dqy fcØh :0 1500@&
day book to the debit of the sales a/c. As a dh jkf’k dks nSfud cgh ls fcØh [kkr
result, the balance of sales a/c was: ds ukes Mkyk x;kA ftlds
[Link]:Ik fcØh [kkr esa cps ‘ks”k
a) Understated by Rs. 1500 ds\
b) Overstated by Rs. 1500 a) 1500@& :0 de crk;k x;kA
c) Understated by Rs. 3000 b) 1500@& :0 T;knk crk;k
d) Overstated by Rs. 3000 x;kA
c) 3000@& :0 de crk;k x;kA
d) 3000@& :0 T;knk crk;k
x;kA
58. Ram borrowed Rs. 60,000 from bank to buy a jke us u;k dEI;wVj [kjhnus ds fy,
new computer. How is accounting of nature cSSad ls 60]000@&:0 dk _.k fy;kA
affected by these transactions? ,sls laO;ogkj ls yss[kk dh izd`fr dSls
Assets Liabilities izHkkfor gksrh gS\
a) Unchanged decreased ifjlaifŸk ns;rk
b) Unchanged Increased a) vifjofrZr ?kVh
c) Increased Increased b) vifjofrZr o`f)
d) Increased decreased
c) o`f) o`f)
d) o`f) ?kVh
59. Consider the following adjusting entries fuEufyf[kr lek;kstd izfof”V;ksa ij
fopkj djsa\
1. Outstanding Expenses : Expenses a/c Dr 1. cdk;k O;;% O;; [kkrk
To outstanding expenses a/c Ckdk;k O;; [kkrk esa MsfCkV
2. Prepaid expenses: Expenses a/c Dr
To prepaid expenses a/c
2. iw oZ l a n Ÿk O;;% O;; [kkrk
3. Income earned and not received: Income a/c Dr iwoZlanŸk O;; [kkrk esa MsfcV
To outstanding a/c 3. vk; tks vftZr gqbZ ,oa izkIr ugha
4. Income received in advance:Income a/c Dr gq b %
Z vk; [kkrk
To prepaid income a/c cdk;k [kkrk esa MsfCkV
Which of the following adjusting entries given 4. vk; tks vfxze :Ik esa izkIr gqbZ%
above is/are correct? vk; [kkrk
a) 1 & 4 iwoZlanŸk O;; [kkrk esa MsfCkV
b) 2 & 3
c) 1 only mi;qZDr esa ls dkSu&lh lek;kstd
d) 1,2,3 & 4 izfof”V;kWa lgh gS\
a) 1 vkSj 4
b) 2 vkSj 3
c) dsoy 1
d) 1,2,3] ,oa 4
60. Which Journal entry correctly records the fuEufyf[kr eas ls dkSu&lh tuZy
credit purchase of Plant & Machinery for Rs. izfof”V lgh :Ik ls 5]00]000@& :Ik;s
5,00,000/- dh IykaV ,oa e’khujh dh ØsfMV [kjhnkjh
dks ntZ djrh gS\
a) Suppliers Personal a/c Dr Rs. 5,00,000/- a) vkiwfrZdrkZ O;f”V ys[kk :0 5]00]000@&
To Plant & Machinery a/c Rs. 5,00,000/ MsfcV
b) Bank a/c Dr Rs. 5,00,000/- IykaV ,oa e’khujh :0 5]00]000@&
To Plant & Machinery a/c Rs. 5,00,000/ ys[kk esa
c) Plant & Machinery a/c Dr Rs. 5,00,000/- b) cSad [kkrk MsfcV :0 5]00]000@&
To Supplier’s Personal a/c Rs. 5,00,000/ IykaV ,oa e’khujh ys[kk :0 5]00]000@&
d) Plant & Machinery a/c Dr. Rs. 5,00,000/- esa
To Bank a/c Rs. 5,00,000/- c) IykaV ,oa e’khujh ys[kk :0 5]00]000@&
MsfcV
vkiwfrZdrkZ oS;fDrd :0 5]00]000@&
ys[kk esa
d) IykaV ,oa e’khujh ys[kk :0 5]00]000@&
MsfCkV
cSad [kkrs esa :0 5]00]000@&
61. Identify the correct accounting cycle: lgh ys[kk pØ dks igpkus\
1. iksfLVax
1. Posting 2. Mk;jh esa fy[kuk
2. Journalising 3. cdk;k fudkyuk
3. Balancing
4. iksth’ku LVsVesUV
4. Position Statement
5. Trial Balance 5. ‘ks”k ijh{k.k i=
6. Income statement 6. vk; [Link]
a) 2,1,3,5,6,4 a) 2,1,3,5,6,4
b) 1,2,3,4,5,6 b) 1,2,3,4,5,6
c) 3,1,2,5,4,6 c) 3,1,2,5,4,6
d) 6,4,5,3,2,1 d) 6,4,5,3,2,1
62. Which of the following expenses debited to fuEufyf[kr esa ls dkSu ls O;; dks
profit and loss account but disallowed while ykHk o gkfu [kkrk esa MsfCkV fd, x,
computing business income? gSa ysfdu O;kikj esa vk; dh [Link]
djrs le; Lohdk;Z ugha gSa\
1. General Expenses 1. lkekU; O;;
 2. Personal Expenses 2. futh O;;
3. Charities and Donation 3. /kekZFkZ vkSj nku
4. Expenses relating to income which is 4. vk; ls lacaf/kr O;; tks fdlh
chargeable under other heads vU; ‘kh”kZ ds varxZr izHkk;Z gSa
a) mi;qZDr lHkh
a) All of the above
b) 2,3 and 4
b) 2, 3 ,oa 4
c) 3 and 4 c) 3 ,oa 4
d) 4 only d) dsoy 4
63. Which one of the following is the correct fuEufyf[kr esa ls dkSu&lh [kkrk
accounting equation? lehdj.k lgh gS\
a) Capital+ Liabilities – Assets = Zero a) iwath $ ns;rk – ifjlaifŸk =
b) Assets + capital – liabilities = Zero ‘kwU;
c) Assets = Capital+ liabilities = Zero b) ifjlaifŸk $iawth – ns;rk = ‘kwU;
d) All of these c) ifjlaifŸk = iwath + ns;rk =
‘kwU;
d) buesa ls lHkh
64. In case money comes into business ;fn eky dh lqiqnZxh ;k lsok fn, tkus
immediately after the delivery of goods or ds raqjr ckn dkjksckj esa /ku vkrk gS]
rendition of services, then such transactions is rks bl izdkj dk laO;gkj D;k dgykrk
called as: gS%&
a) Credit transaction a) dzsfMV laO;ogkj
b) Hawala transaction b) gokyk laO;ogkj
c) Block money transaction c) dkyk /ku laO;ogkj
d) Cash transaction d) udn laO;ogkj
65. Mr. Sonam engaged in the business of gold and Jheku lksue lksuk vkSj lksus ds
gold ornaments. During the year, he sold gold vkHkw”[Link] dk dkjksckj djrk gSA o”kZ ds
worth Rs.5,65,00,000/- which was purchased nkSjku mlus :0 5]65]00]000@&
for Rs.5,00,00,000/-. The receipt can be ewY; dk lksuk cspk] tks :0
classified as and the margin transferred to 5]00]00]000@& esa [kjhnk x;k FkkA
/ku izkfIRk dks fdl :Ik esa oxhZd`r
a) Revenue receipt and to Profit and loss fd;k tk ldrk gS vkSj varj dk
account varj.k fdl [kkrss esa fd;k tk ldrk
b) Capital receipt and to capital reserve gS%&
account a) jktLo izkfIRk vkSj ykHk vkSj
c) Long term or short term capital gain gkfu [kkrs esaA
based on period of holding b) iwath izkfIr vkSj iawth vkjf{kr
d) Hawala transaction and treated as [kkrs esaA
illegal money c) /kkj.k vof/k ds vk/kkj ij nh?kZ
vof/k ;k y?kq vof/k iwathxr
vfHkykHkA
d) gokyk laO;ogkj vkSj mls
xSjdkuwuh /ku ds :Ik esa le>k
tk,xkA
66. Out of the given below option find the correct fuEufyf[kr fn, x, fodYiksa esa ls
one: lgh fodYi pqfu,%&
A. = Cost of goods sold, A. = csps x, eky dh ykxrA
B. = Purchases, B. = [kjhnA
C. = Opening inventory and C. = izkjafHkd oLrq lwphA
D. = Closing inventory D. = vafre oLrq lwphA
a) B= A+C-D
b) C= A+B-D a) B= A+C-D
 c) D= A+B-C b) C= A+B-D
d) A= B+C-D c) D= A+B-C
d) A= B+C-D
67. Which of the following components are fuEufyf[kr esa ls dkSu ls ?kVd
associated with accounting: ys[kkdk;Z ls lacaf/kr gS%&
(i) Everyday transactions of business firm (i) O;kikfjd QeZ dk nSfud
(ii) Daily, weekly and monthly reports laO;ogkjA
(iii) A period of time (ii) nSfud] lkIrkfgd vkSj ekfld
(iv) A point of time fjiksVsZaA
Select the correct option from below: (iii),d le;kof/k
a) (i), (ii) (iv) ,d le; fcanq
b) (iii), (iv) fuEu esa ls lgh fodYi pqfu,%
c) (i), (ii), (iii) only
d) All of above.
a) (i), (ii)
b) (iii), (iv)
c) (i), (ii), (iii) dsoy
d) mi;qZDr lHkhA
68. Which statement(s) is(are) not close to dkSu lk ¼ls½ dFku ys[kkdj.k dh
definition, concept or importance of ifjHkk”kk] ladYiuk ;k egRo ls
accounting? lfUUkdV ugha gS ¼gSa½\
(i) Accounting has been hailed by many (i) ys[kkdj.k dks cgqrksa us ^^dkjksckj
as the “language of business” dh Hkk”kk** ds :Ik esa lacksf/kr
(ii) “A pen is mightier than the sword but fd;k gSA
no match for the accountant” is a (ii) ^^dye ryokj ls vf/kd rkdroj
quotation stated by Jonathan Glancey. gksrh gS ysfdu ys[kkdkj dk dksbZ
(iii) Luca Pacioli is considered to be the eqdkcyk ugha gSA ^^;g dFku
“Father of Modern-Day Accounting”. tksukFku XykWUlh dk gSA
(iv) It is rumoured that the westerners (iii)yqdk isflvksyh dks ^^vk/kqfud
designed the double entry system based le; ds ys[kkdj.k dk tud**
on the principles of Bahi Khata system ekuk tkrk gSA
of Indian merchants but once again (iv) ;g tu Jqfr gS fd ik’pkR;
there is no conclusive proof. yksxksa us Hkkjrh; dkjksckfj;ksa dh
cgh [kkrk [Link] ds fl)karksa ij
Select the correct option from below: vk/kkfjr nksgjh izfof”V [Link]
a) (i), (ii), (iii) ifjdfYir dh gS] fdarq iqu% bldk
b) (ii), (iii) dksbZ fu”d”khZ izek.k ugh gSA
c) (ii), (iv) fuEu esa ls lgh fodYi pqfu,%
d) None of the above.
a) (i), (ii), (iii)
b) (ii), (iii)
c) (ii), (iv)
d) mi;qZDr esa ls dksbZ ughaA
69. Which of the following statement(s) is/are fuEufyf[kr esa ls dkSu lk ¼ls½ dFku
correct for accounting system: ys[kkdj.k [Link] ds laca/k eas lgh gS
(i) Director Finance of organization ¼gSa½%&
anticipates the income and expenditure (i) laxBu dk foRRkh; funs’kd vxys
in next three months. rhu eghus dh vk; vkSj O;; dk
(ii) Banks finalize lending based on past iwokZuqeku yxkrk gSA
accounting data (ii) fiNYks ys[kkdj.k vkadM+ksa ds vk/kkj
(iii) Mutual Fund invests money by looking ij cSad m/kkj nsuk fu/kkZfjr djrs
at financial transactions gSa
(iv) Accounting does not give assumption (iii)E;wP;wvy QaM] foRRkh; laO;ogkjksa
that organization is likely to act same dks ns[kdj /ku dk fuos’k djrs
as it has done in past. gSA
 Select the correct option from below: (iv) ys[kkdj.k ls ;g /kkj.k ugha curh
a) (i), (ii) gS fd laxBu }kjk iwoZ es fd,
b) (iii), (iv) x, dk;ZO;ogkj ds leku og vc
c) (i), (ii), (iii) only Hkh dk;ZO;ogkj djsxkA
d) All of the above. fuEu esa ls lgh fodYi pqfu,%
a) (i), (ii)
b) (iii), (iv)
c) (i), (ii), (iii) dsoy
d) mi;qZDr lHkhA
70. Which of the following transactions should not fuEufyf[kr esa ls fdl laO;ogkj dks
be considered for accounting? ys[kkdj.k gsrq ugha ekuuk pkfg,\
(i) MTC Private Limited was started on (i) ,e-Vh-lh izkbZosV fyfeVsM fnukad
03-04-2022, which happened to be 03-04-2022 dks ‘kq: dh xbZ
Sunday. Fkh] vkSj ml fnu jfookj FkkA
(ii) Mohan Kumar joined as first CEO of (ii) eksgu dqekj us daiuh ds izFke
the company. eq[; dk;Zdkjh vf/kdkjh ds :Ik
(iii) MTC(P) Ltd bought furniture for cash, esa dk;ZHkkj xzg.k fd;kA
Rs 15,000 on same day. (iii),e-Vh-lh ¼izkbZosV½ fyfeVsM us mlh
(iv) Furniture was dirty, so it was cleaned fnu udn :Ik esa :Ik;s
by company’s sweeper. 15]000@& dk QuhZpj [kjhnkA
(iv) QuhZpj xank Fkk] blfy, bls
Select the correct option from below: daiuh ds lQkbZ deZpkjh }kjk
a) (i), (ii) lkQ fd;k x;kA
b) (ii), (iv) fuEu esa ls lgh fodYi dk p;u djsa%
c) (iii) only
a) (i), (ii)
d) (i), (iii)
b) (ii), (iv)
c) (iii) dsoy
d) (i), (iii)
71. Identify the correct differences between book ys[kkdj.k ¼,dkmfUVax½ vkSj cgh [kkrk
keeping and accounting? ¼cqd dhfiax½ ds chp dk lgh varj
(i) Bookkeeping involves identifying, Li”V djsaA
measuring, recording & classifying (i) cgh&[kkrk esa foRRkh; laO;ogkj
financial transactions in the ledger dks ys[kk [kkrksa esa oxhZdj.k
accounts, whereas accounting includes djuk] fjdkWMZ djuk] mudh
summarizing and analysing also. igpku djuk vkSj mudk ekiu
(ii) Bookkeeping is in routine and djuk ‘kkfey gS tcfd ys[kkdj.k
repetitive in nature, whereas esa mudk fo’ys”k.k vkSj la{ksi.k
accounting is analytical. Hkh ‘kkfey gSA
(iii) Book keeping is primary stage whereas (ii) cgh [kkrk] useh vkSj vko`fRRk]
accounting is second stage. izd`fr dk gS tcfd ys[kkdj.k
fo’ys”[Link] gksrk gSA
Select the correct option from below: (iii)cgh [kkrk izkFkfed pj.k gS]
a) (i),(ii) tcfd ys[kkdj.k nwljk pj.k gSA
b) (i), (ii), (iii) fuEu esa ls lgh fodYi dk p;u djsa%
c) (ii), (iii) a) (i), (ii)
d) None of above.
b) (i), (ii), (iii)
c) (ii),(iii)
d) mi;qZDr esa ls dksbZ ugha
72. Which of the following are managerial fuEufyf[kr esa ls ys[kkdj.k ds
functions of accounting? izca/kdh; dk;Z dkSu ls gS\
(i) Control of financial policy and (i) foRRkh; uhfr dks fu;af=r djuk
formation of planning vkSj ;kstuk cukukA
 (ii) Preparation of budget (ii) ctV rS;kj djukA
(iii) Analysing financial data (iii)foRRkh; MkVk dk fo’ys”k.k
(iv) Cost control (iv) ykxr fu;a=.k
Select the correct option from below: fuEu esa ls lgh fodYi dk p;u djsa%
a) (i), (ii), (iv) a) (i), (ii), (iv)
b) (i), (iii), (iv)
c) (ii), (iii), (iv)
b) (i), (iii), (iv)
d) All of the above. c) (ii), (iii), (iv)
d) mi;qZDr lHkh
73. Which of the following statements is/are not fuEufyf[kr esa dkSu ls dFku lgh ugha
correct? gS\
(i) Accounting is an art and science of (i) ys[kkdj.k] foRrh; bosaV dks VªSd
tracking monetary events. djus dh dyk ,oa foKku gSA
(ii) Accounting systematically records (ii) ys[kkdj.k] O;kikj laO;ogkj dks
business transactions in terms of :Ik;ksa ds laca/k esa O;ofLFkr :Ik
money. ls fjdkWMZ djuk gSA
(iii) The accounting process prepares non- (iii)ys[kkdj.k izfØ;k xSj foRRkh;
financial reports and investigates them fjiksZV RkS;kj djrh gS vkSj [Link];
for making decision making easier. {kerk dks ljy cukus gsrq mudk
(iv) Accounting is not continuous process vUos”k.k djrh gSA
for giving interested users information. (iv) ys[kkdj.k] lEc) mi;ksxdrkZvksa
dh lwpuk nsus gsrq ,d lrr
Select the correct option from below: izfØ;k ugha gSA
a) (i), (ii) fuEu esa ls lgh fodYi dk p;u djsa%
b) (iii), (iv)
a) (i), (ii)
c) (i), (ii), (iv)
d) All of the above. b) (iii), (iv)
c) (i), (ii), (iv)
d) mi;qZDr lHkh
74. Which of the following activities are not fuEufyf[kr esa ls dkSu ls dk;Z
related to accounting? ys[kkdj.k ls lacaf/kr ugha gS\
(i) Budgeting (i) ctV cukuk
(ii) Investments (ii) fuos’k
(iii) Spending (iii) O;; djuk
(iv) Taxes (iv) dj
(v) Savings
Select the correct option from below:
(v) cpr
a) (i), (iv)
fuEufyf[kr esa ls lgh fodYi dk
b) (ii), (iii), (v)
p;u djsa%
c) None of above. a) (i), (iv)
d) All of the above. b) (ii), (iii), (v)
c) mi;qZDr esa ls dksbZ ugha
d) mi;qZDr lHkh
75. Which of the following activities/schemes are fuEufyf[kr esa ls dkSu lh xfrfof/k;kWa@
day-to-day examples of accounting? ;kstuk,Wa] ys[kkdj.k ds nSfud mnkgj.k
(i) NPS gS\
(ii) PPF (i) ,uih,l
(iii) SSY (ii) ihih,Q
(iv) TDS (iii) ,l,lokbZ
Select the correct option from below: (iv) VhMh,l
a) (i), (iv) fuEufyf[kr esa ls lgh fodYi dk
b) (i),(ii), (iii), (iv) p;u djsa%
c) (ii), (iii)
d) None of the above.
a) (i), (iv)
b) (i), (ii), (iii), (iv)
 c) (ii), (iii)
d) mi;qZDr esa ls dksbZ ugha
76. A trial balance is prepared:- ‘ks”k ijh{k.k i= rS;kj fd;k tkrk gS\
(1) At the start of the accounting period. (1) ys[kkdj.k vof/k dh ‘kq:vkr esa
(2) Simultaneously during the accounting (2) ys[kkdj.k vof/k ds nkSjku ,d gh
period. le; ij
(3) At the end of the accounting period. (3) ys[kkdj.k vof/k dh lekfIr ij
Options: fodYi%
a) Only (1) is correct. a) dsoy (1) lgh gSA
b) Only (2) is correct.
c) Both (1) & (2) are correct.
b) dsoy (2) lgh gSA
d) Only (3) is correct. c) (1) vkSj (2) nksuksa lgh gSA
d) dsoy (3) lgh gSA
77. What are the errors which affect the trial ‘ks”k ijh{k.k i= dks izHkkfor djus okyh
balance? =qfV;kWa D;k gS\
(1) Errors of posting to the wrong account (1) Xkyr [kkrs esa ijarq lgh rjQ
but on the correct side. izfof”V djus dh =qfV;kWa
(2) Wrong recording in the books of (2) Ekwy izfof”V;kas ds cgh [kkrk esa
original entry. xyr fjdkWMZ djuk
(3) Error of posting to the correct account (3) Lkgh [kkrs esa xyr jkf’k dh
but with the wrong amount. izfof”V djus dh =qfV;kWa
(4) Error of posting to the correct account (4) lgh [kkrs esa ijarq xyr rjQ
but wrong side. izfof”V djus dh =qfV;kWa
Options: fodYi%
a) Both (1) & (2)
b) Both (3) & (4)
a) (1) vkSj (2) nksuksa
c) Only (1) b) (3) vkSj (4) nksukas
d) Only (2) c) dsoy (1)
d) dsoy (2)
78. Which is generally not included in a trial ‘ks”k ijh{k.k i= esa lkekU; rkSj ij
balance- fuEufyf[kr esa ls dkSu lk ‘kkfey ugha
(1) Closing Stock fd;k tkrkA
(2) Opening Stock (1) vafre LVkWd
(3) Trade Payables. (2) vkajfHkd LVkWd
(4) Trade Receivables. (3) O;olk; ns;rk,Wa
(4) O;olk; ls izkI;
Options: fodYi%
a) Only (1) is correct.
b) Only (2) is correct.
a) dsoy (1) lgh gSA
c) Only (3) is correct. b) dsoy (2)s lgh gSA
d) Only (4) is correct. c) dsoy (3) lgh gSA
d) dsoy (4) lgh gSA
79. While preparing a trial balance, Ravi has ‘ks”k ijh{k.k i= rS;kj djrs le; jfo
posted a Bank Overdraft of Rs. 1,00,000/- & us gq, :0 1]00]000@& dk vksojMªk¶V
Opening Stock of Rs. 50,000/- in the debit side ,oa :0 50]000 ds vkajfHkd LVkWd
and also posted purchase return of dks MsfcV lkbM esa iksLV fd;k vkSj
Rs.1,00,000/- and sundry creditors of Rs. lkFk gh :0 1]00]000@& dh Ø;
50,000/- on credit side, resulting in inaccurate okilh ,oa :0 50]000@& ds fofo/k
trial balance preparation. What correction does ysunkjksa dks ØsfMV lkbZM esa iksLV fd;kA
the trial balance requires? urhtru xyr ‘ks”k ijh{k.k i= rS;kj
a) The Opening Stock has to be posted to gqvkA ‘ks”k ijh{k.k i= esa fdu lq/kkjksa
the credit side. dh vko’;drk gS?
b) The Bank Overdraft has to be posted to a) vkajfHkd LVkWd dks ØsfMV lkbZM
the credit side. esa iksLV fd;k tkuk gSA
 c) Both, the purchase returns and sundry b) cSad vksojMªk¶V dks ØsfMV lkbZM
creditors are to be posted to the debit esa iksLV fd;k tkuk gSA
side. c) Ø; [Link] ,oa fofo/k ysnnkjksa
d) Only, purchase returns posting to be nksuksa dks MsfcV lkbZM esa iksLV
made on the debit side. fd;k tkuk gSaA
d) MsfcV lkbZM eas ek= Ø;
okifl;ksa dks iksLV fd;k tkuk
gSA

80. Which of the following is false about a trial ‘ks”k ijh{k.k i= ds fo”k; esa fuEukafdr
balance? esa ls dkSu lk xyr gS?
a) All expenses are credited in a trial a) leLr [kpksZa dks ‘ks”k ijh{k.k i=
balance. esa ØsfMV fd;k tkrk gSA
b) All incomes are debited in a trial b) leLr vk; dks ‘ks”k ijh{k.k i=
balance. esa MsfCkV fd;k tkrk gSA
c) Assets are credited and liabilities are c) ‘ks”k ijh{k.k i= esa vkfLr;ksa dks
debited in a trial balance dzsfMV fd;k tkrk gS vkSj
d) All of the above. ns;rkvksa dks MsfCkV fd;k tkrk gSA
d) mijksDr lHkhA
81. Which of the following is not an error of ‘ks”k ijh{k.k i= rS;kj djrs le;
commission while preparing a trial balance? fuEukafdr esa ls dkSu lk xyr dk;Z
a) Cash sales not recorded in cash book. ugha gSA
b) Credit sales to Suresh of Rs. 2,000/- a) ys[kk cgh esa uxn fcØh ntZ
credited in his accounts. ugha dh xbZA
c) Bank Overdraft of Rs. 100,000/- posted b) lqjs’k dks dh xbZ 2000@& :0
to the credit side as Rs. 10,000/-. dh ØsfMV fcØh dks mlds [kkrs
d) Investment of Rs. 8,000/- posted on the esa ØsfMV fd;k x;kA
debit side of the trial balance as Rs. c) 1]00]000@& ds cSad vksojMªk¶V
80,000/-. dks ØsfMV lkbZM esa :0
10]000@& ds crkSj iksLV fd;k
x;kA
d) :0 8]000@& ds fuos’k dks ‘ks”k
ijh{k.k i= esa MsfCkV lkbM esa
:0 80]000@& ds :Ik esa iksLV
fd;k x;kA
82. Which of the following will appear on the fuEukafdr esa ls dkSu lk ‘ks”k ijh{k.k
credit column of a trial balance? i= ds ØsfMV dkWye esa vk,xk&

a) Interest on bank loan. a)cSad _.k ij C;kt

b) Interest on bank overdraft. b)cSad vkosjMªk¶V ij C;kt
c) Interest on Capital. c)iwaWth ij C;kt
d) Interest on Drawing. d)vkgj.k Ikj C;kt
83. Which of the following will appear on debit ‘ks”k ijh{k.k i= dss MsfcV dkWye esa
column of a trial balance- fuEufyf[kr esa ls dkSu lk n’kkZ;k
a) Interest on Drawing. tk,xk&
b) Dividend received. a) vkgj.k ij C;kt
c) Interest on Investment. b) izkIr fd;k x;k ykHkka’k
d) Interest on bank loan. c) fuos’k ij C;kt
d) cSad _.k ij C;kt
84. Which of the following errors can be rectified mpUr [kkrk ds ek/;e ls fuEufyf[kr
through suspense account? esa ls dkSu lh =qfV lq/kkjh tk ldrh
a) Sales return book under-cast by Rs. gS?
 5,000/-. a) fcØh [Link] cgh esa 5000@&
b) Sales return by Shyam of Rs. 1,000/- :0 dk fglkc de fn[kk;k x;k
not recorded. gSA
c) Purchase return by Madhu of Rs. 500/- b) ‘;ke }kjk :0 1000@& dh
over-casted foØ; okilh dks ntZ ugha fd;k
d) Purchase return by Vijay of Rs. 800/- x;kA
recorded as Rs. 880/-. c) e/kq }kjk :0 500@& ds [kjhn
okilh dk vf/kd fglkc yxk;k
x;k
d) fot; }kjk :0 800@& ds
[kjhn okilh ds :0 880@& ds
:Ik esa ntZ fd;k x;k A
85. During an accounting period, a business has ,d ys[kk vof/k esa ,d O;olk; us
transactions of – fuEukafdr ysu&nsu gksrk gS&
Cost of Goods sold of Rs. 70,000/-; :0 70]000@& esa csps x, eky dh
Sundry debtors of Rs. 20,000/-; ykxr
Trading expenses of 50,000; fofo/k nsunkj :0 20]000@&
Sales of Rs. 10,000/-; O;kikj [kpZs :0 50]000@&
Creditors of Rs. 80,000/- & foØ; :0 10]000@&
Capital of Rs. 50,000/-. Yksunkj :0 80]000@& ,oa
For the trial balance prepared for the iwaWth :0 50]000@&
accounting period, the total of the credit ys[kk vof/k ds fy;s rS;kj fd;s x;s
column is- ‘ks”k ijh{k.k i= gsrq ØsfMV dkWye dk
Options: dqy ;ksx gksxk&
a) Rs. 2,80,000/-. fodYi%
b) Rs. 1,40,000/-. a) :0 2]80]000@&
c) Rs. 1,30,000/-. b) :0 1]40]000@&
d) Rs. 1,00,000/-. c) :0 1]30]000@&
d) :0 1]00]000@&
86. Trial balance might match in spite of presence fuEufyf[kr esa ls fdldh ekStwnxh ds
of: ckotwn ‘ks”k ijh{k.k i= lqesfyr gks
a) Errors of complete omission, errors of ldrk gS%
principle a) [Link] yksi dh =qfV;kWa] lS)kfURkd
b) Errors of complete omission =qfV;kWa
c) Errors of commission b) [Link] yksi =qfV;kWa
d) Errors of principle c) dk;Z esa xyrh
d) lS)kafrd =qfV;kWa
87. A list which contains balances of accounts to lwph esa ys[kkvksa dk vfr’ks”k gksrk gS tks
know whether the debit and credit balances are ;g tkuus ds fy, gksrk gS fd MsfcV
matched. vkSj ØsfMV ‘ks”k dk feyku gksrk gS ;k
a) Balance Sheet ughaA
b) Day Book a) rqyu i=
c) Journal b) nSfud cgh&[kkrk
d) Trial Balance c) tuZy
d) ‘ks”k ijh{k.k i=
88. Which of the following is not an error of fuEufyf[kr esa ls dkSu ,d xyr d`R;
commission: ugha gS%
a) Overcasting of sales book. a) foØ; cgh dh vksojdkfLaVx
b) Credit sales to Ramesh Rs.5,000/- b) jes’k dks m/kkj esa csps x;s
credited to his account. 5000@& :Ik;s dks mlds [kkrs
c) Wrong balancing of machinery esa ØsfMV fd;k x;kA
account. c) e’khujh [kkrs dk xyr ‘ks”k
d) Cash sales not recorded in cash book. fudkyukA
d) jksdM+ cgh esa udn foØ; dks
ys[kkc) u djukA
89. Match of the following: fuEufyf[kr dk feyku djsa%
Item Description Item Description
[Link] A. Amount allowed as 1. O;kikj A. vxj xzkgd ,d
Discount discount if customer NwV fuf’pr ek=k ;k
order for a certain vf/kd dk vkWMZj
amount of quantity or djrk gS rks NwV ds
more :Ik esa Lohd`r jkf’k
2. Cash B. Amount allowed as
2. udn B. vxj xzkgd
Discount discount if customer
NwV fofufnZ”V le;
makes the payment
lhek ds vanj
within specified time
Hkqxrku djrk gS rks
limit
NwV ds :Ik esa
3. Rebate C. It denotes the Lohd`r jkf’k
allowance made if
customer buys goods 3. ?kVkSrh C. ;g fn;s x;s ml
of value more than vuqefr dks n’kkZrk
certain amount during
gS fd vxj xzkgd
certain period.
,d fuf’pr vof/k
ds nkSjku ,d r;
jkf’k ls vf/kd
a) 1-A, 2-B, 3-C
ewY; dh oLrq,aW
b) 1-B, 2-A, 3-C
[kjhnrk gSA
c) 1-C, 2-A, 3-B
d) 1-C, 2-B, 3-A a) 1-A, 2-B, 3-C
b) 1-B, 2-A, 3-C
c) 1-C, 2-A, 3-B
d) 1-C, 2-B, 3-A
90. Which of the following appear in either fuEufyf[kr esa ls dkSu&lh fdlh
Trading Account or Profit & Loss Account of a fofuekZ . k bZ d kbZ ds ;k rks O;kikj [kkrs
Manufacturing entity? es a ;k fQj ykHk ;k gkfu [kkrs esa
fn[kk;k tkrk gS\
(i) Commission on Sales (i) fcØh ij deh’ku
(ii) Cost of Fixed Assets (ii) fuf’pr vkfLr;ksa dh ykxr
(iii) Investment in Equity (iii)bfDoVh eas fuos’k
(iv) Cost of Goods Sold (iv) csps x;s eky dh ykxr
(v) Revenue (v) jktLo
a) (i), (ii) & (iii) a) (i), (ii) vkSj (iii)
b) (i), (iv) & (v)
c) (ii), (iii) & (iv)
b) (i), (iv), vkSj (v)
d) (iii), (iv) & (v) c) (ii), (iii) vkSj (iv)
d) (iii), (iv) vkSj (v)
91. What kind expenses are paid from Gross Profit fdlh bdkbZ ds ldy ykHk esa ls fdl
 of an entity? izdkj ds O;; dk Hkqxrku gksrk gS\
a) Ikz’kklfud O;;
ss) Administrative Expenses
tt) General Expenses
b) lkekU; O;;
uu) Business Promotion Expenses c) O;kikj c<+kus gsrq O;;
vv) All of the Above d) mijksDr lHkh
92. Which of the following is not a short-term fuEufyf[kr esa ls D;k vYidkfyd
borrowing? m/kkj ugha gS\
a) Deposits a) tek
b) Loans repayable on demand b) ekWax ij izfrlans; _.k
c) Bank overdraft c) cSsad vkWoj Mªk¶V
d) Trade receivables d) O;kikj izkI;
93. Share forfeiture account appears in a fdlh daiuh ds rqyu i= esa ‘ks;j
Company’s balance sheet under the sub-head: tCrh [kkrk fdl mi&’kh”kZ ds uhps
a) Share capital fn[kk;k tkrk gS%
b) Reserved & surplus a) ‘ks;j iwWath
c) Contingent liability b) vkjf{kr vkSj vf/k’ks”k
d) Contingent liability * c) vkfdfLed nkf;Ro
d) vkfdfLed nkf;Ro
*Clarification = No change is made in the
options of this Question, if any of these
options are declared to be correct, then
marks will be given to those candidiates who
have marked either (c) or (d) as answer.
94. While preparing the balance sheet of a fdlh daiuh dk rqyu&i= rS;kj djrs
Company, the “Securities Premium” is shown le;] ^^flD;ksfjVht izhfe;e** dks
under: fdlds va rxZr fn[kk;k tk;sxk%
a) Current liability a) pkyw nsunkjh
b) Share capital b) ‘ks;j iWawth
c) Long-term borrowings c) nh?kZdkfyd m/kkfj;kWa
d) None of the above d) mijksDr esa ls dksbZ ughaa
95. Balance of provision for doubtful debts [as on ‘kadkLin _.k ds fy, ¼01 vizSy]
01st April, 2020] is Rs. 1,250/-; bad debts 2020 dks½ izko/kku dk ‘ks”k 1]250@&
during the year was Rs. 300/-; provisions for :0 gS( o”kZ ds nkSjku MqcUr _.k
doubtful debt is required @ 5% on debtors of 300@& :0 Fkk( ‘kadkLin _.kksa ds fy,
Rs. 10,000/-. 10]000@& :0 ds _.kh ij 5% dh
Provision for doubtful debts credited in Profit nj ls izko/kku djus dh vko’;drk gSA
& Loss account will be: ‘kadkLin _.kksa dks ykHk vkSj gkfu [kkrs
a) Rs. 400/- esa ØsfMV djus ds fy, izko/kku fd;k
b) Rs. 500/- tk,xk%&
c) Rs. 600/- a) 400@& :0
d) Rs. 450/- b) 500@& :0
c) 600@& :0
d) 450@& :0
96. M/s ABC Limited has opening Balance of eSllZ ABC fyfeVsM ds ikl _f.k;ksa dk
Debtors of Rs.1,25,000/- and closing balance of izkjafHkd jksdM+ 1]25]000@& :0 gS
debtors of Rs.75,000/-. Total cash sales during rFkk _f.k;ksa dk var ‘ks”k 75]000@&
the period is Rs.50,000/- and credit sales is :0 gSA vof/k ds nkSjku dqy udn
Rs.40,000/-. (Assume only these transactions fcØh 50]000@& :0 gS rFkk ØsfMV
during the FY). fcØh 40]000@& :0 gS ¼foRrh; o”kZ
ds nkSjku dsoy bu laO;ogkjksa dks ekusa½
What is the cash received by M/s ABC Limited foRrh; o”kZ ds nkSjku] eSllZ ABC
during the FY? fyfeVsM dks fdruk udn izkIr gqvk\
 a) Rs. 50,000 a) 50]000@& :0
b) Rs. 1,00,000 b) 1]00]000@& :0
c) Rs. 1,40,000 c) 1]40]000@& :0
d) Rs. 90,000 d) 90]000@& :0
97. While preparing the balance sheet of a fdlh daiuh dk rqyu&i= rS;kj djrs
Company, the “underwriting commission” is le;] ^^fuEukadu deh’ku** dks fdl
shown under which head? ‘kh”kZ ds rgr n’kkZ;k tk;sxk?
a) Unamortized expenditure a) vifj'kksf/kr O;;
b) Current assets b) pkyw vkfLr;kWa
c) Non-current assets c) xSj&pkyw vkfLr;kWa
d) Current liability
d) pkyw nsunkfj;kWa
98. At the beginning of an accounting year, a Club ,d ys[kk o”kZ dh ‘kq:vkr esa] ,d
has asset worth of Rs.19,000/-; liabilities of dYc ds ikl 19]000@& :0 dh
Rs.5,000/- and Rs.1,800/- as debit balance of vkfLr;kWa gS( 5]000@& :0 dh ns;rk,Wa
income & expenditure account. The opening vkSj 1]800@& :0 vk; ,oa O;; ys[kk
capital is: ds MsfcV ‘ks”k ds :Ik esa gSA vkajfHkd
a) Rs. 18,000/- iwWath gksxh%&
b) Rs. 15,800/- a) 18]000@& :0
c) Rs. 11,200/- b) 15]800@& :0
d) Rs. 24,800/- c) 11]200@& :0
d) 24]800@& :0
99. A Business entity has paid Rs. 50,000/- for the ,d O;kikj bZdkbZ us] foRRkh; o”kZ
purchases being made during FY 2021-22 and 2021&22 ds nkSjku dh xbZ [kjhn ds
owe another Rs. 20,000/- to the supplier as on fy, 50]000@& :0 dk Hkqxrku fd;k
31st March, 2022. Which of the following vksj 31 ekpZ] 2022 rd vkiwfrZdrkZ
entries will be passed? dks vU; 20]000@& :0 dk nsunkj
gSA fuEufyf[kr esa ls dkSu lh
a) Debit Rs. 70,000/- to Trading A/c and izfof”V;kWa ikfjr dh tk;sxh\
Credit Rs.20,000 to Liabilities in a) O;kikj [kkrs esa 70]000@&:0
Balance Sheet MsfcV vkSj rqyu i= ds ns;rk esa
b) Debit Rs. 50,000/- to Trading A/c and 20]000@& :0 ØsfMV
Credit Rs.20,000 to Liabilities in b) O;kikj [kkrs esa 50]000@& :0
Balance Sheet MsfcV vkSj rqyu i= ds ns;rk esa
c) Debit Rs. 70,000/- to Trading A/c and 20]000@& :0 ØsfMV
no entry in Balance Sheet c) O;kikj [kkrs esa 70]000@& :0
d) Debit Rs. 70,000/- to Trading A/c and MsfCkV vksj rqyu i= esa dksbZ
izfof”V ughaa
Credit Rs.50,000 to Liabilities in
Balance Sheet d) O;kikj [kkrs esa 70]000@& :0
MsfcV vkSj rqyu i= ds ns;rk esa
50]000@& :0 ØsfMV
100. In the balance sheet, excess amount of assets rqyu&i= esa ns;rk dh rqyuk esa
over liabilities is represented by: vkfLr;ksa ds vf/kD; dks ds }kjk izdV
fd;k tkrk gSA
a) Capital Fund a) iwWath QaM
b) Revenue Fund b) jktLo QaM
c) Revenue Expenditure c) jktLo O;;
d) None of these d) mijksDr esa dksbZ ugha
* Clarification = No change is made in the options of Question No.93, if any of these options are
declared to be correct, then marks will be given to those candidiates who have marked either (c)
or (d) as answer.