1st PUC Accountancy Question Bank Chapter 3 Recording of Transactions I KSEEB Solutions

1st PUC Accountancy General Guidelines/Instructions: Availability of teaching hours in a year will be 140 only. Split-up of available teaching hours: 05 Hours - For bridge course. 120 Hours - For completion of course content (excluding POQ) 15 Hours - For the completion of 15 POQs. Duration of Annual Examination will be 3 Hours and 15. The Karnataka 1st PUC Accountancy Question Bank is a very useful and handy resource that helps students in scoring good marks. While preparing for the Examination students are advised to practice solving these question banks because it will boost their confidence for the final exam. By practicing these questions students can overcome their.

1st PUC Accountancy Question Bank with Answers Karnataka KTBS Solutions

Here We have given the Department of Pre University Education (PUE) Karnataka State Board Syllabus First Year Model Question Papers for 1st PUC Accountancy Model Question Papers with Answers 2021-2022 Pdf. Students can also read 1st PUC Accountancy Question Bank with Answers hope will definitely help for your board exams. We hope these New Syllabus Karnataka 1st PUC Class 11 Accountancy Question Bank with Answers Solutions, Notes, Guide Pdf Free Download of 1st PUC Accountancy Textbook Questions and Answers, Model Question Papers with Answers, Study Material 2020-2021 in English Medium and Kannada Medium will help you get through your subjective. July 22, 2021. Expert Teachers at KSEEBSolutions.com has created Karnataka 1st PUC Question Banks with Answers Solutions, Notes, Guide Pdf Free Download of 1st PUC Textbook Questions and Answers, Model Question Papers with Answers, Study Material 2020-21 in English Medium and Kannada Medium are part of KSEEB Solutions. 1st PUC Accountancy Recording of Transactions I Twelve Marks Questions and Answers. Question 1. Use accounting equation and find out missing figures with the following: Answer: Question 2. Explain the classification of accounting under English system of accounting.

1st PUC Accountancy Question Bank with Answers Karnataka KSEEB Solutions

Students must follow the step-by-step procedure given to download the question bank pdfs from the official website: Step 1: Visit the official website of the Karnataka board - pue.karnataka.gov.in. Step 2: On the home page, at the bottom, find the "Ist & IInd PUC Question Bank" link. Step 3: In the new window, scroll down to find the "1st PUC. January 29, 2023. in 11th Class. Students sitting for the Pre University Course (PUC)- 1 Examination can get here PUC-I Accountancy Question Bank and can also download the same without any charges. The download file will be available in PDF format. The candidate just has to click and save the file by clicking on the downloading option. Answer: Features of accounting are : It is a process of recording business transactions. Accounting is grouping the transactions according to their nature of heads. Question 4. Define Accountancy. Answer: According to Eric Kohler "Accountancy is the theory and practices of Accounting. Question 5. Answer: Bank Reconciliation statement can be prepared with the adjusted /amended bank column of the cash book by the below given steps. Step 1 : Note down the bank balance as per the Cash Book. Step 2 : Rectify all the errors committed in the Cash Book.

1st PUC Accountancy Question Bank with Answers Karnataka KSEEB Solutions

Step 2: On the home page, at the bottom, find the "Ist & IInd PUC Question Bank" link. Step 3: In the new window, scroll down to find the "Model Question Papers". Step 4: Click on the respective subject link to download the 1st PUC Accountancy model question paper. Step 5: Download and save the PDF files for further use. 1st PUC Accountancy Financial Statements - II Numerical Questions and Answers. Question 1. Prepare a trading and profit and loss account for the year ending December 31, 2014. from the balances extracted of M/s Rahul Sons. Also prepare a balance sheet at the end of the year. 1st PUC Financial Statement Numerical Questions. Question 1. From the following balances taken from the books of Simmi and Vimmi Ltd. For the year ending March 31,2003, calculate the gross profit. Answer: Financial statement-I. Question 2. From the following balance extracted from the books ofM/s Ahuja and Nanda. Short Questions and Answers. Question 1. State the three fundamental steps in the accounting process. Answer: The fundamental steps in the accounting process are as follows presented below. Three Steps in accounting process. Recording and preparing the source of documents. Posted in individual accounts.

1st PUC Accountancy Model Question Papers with Answers 202122 Karnataka KSEEB Solutions

1st PUC Practical Oriented Questions. Question 1. Mention the accounting equation and also give examples with balance sheet. Answer: Accounting equation => Capital = Assets + Liability. Example: (i) Anil started business with cash Rs. 50000 Accounting equation => Capital = Assets + Liabilities. ∴ Capital = 50,000, Assets (cash) = 50,000. Question 1. Define accounting. Answer: According to the American Institute of Certified Accountants, 1941, "Accounting is an art of recording, classifying and summarising in a significant manner and in terms of money transactions and events that are, in part at least, of a financial character and interpreting the results there of.". Question 2.