Model Paper 4 — Account STD 11 Commerce — Question

Which of these is not entered in the books of account?

Cash received from Kajal ₹ 36,000 after allowing her discount @10%. Amount debited to discount account will be:

Sale of typewriter that has been used in the office should be credited to:

An accountant forgot to enter a sales entry in the subsidiary register the impact will be _________.

Total of the debit side of cash book is ___ than the credit side.

Bill at sight has a grace period of:

Paid to Rahul on behalf of Sanjay ₹ 12,000 will be debited to:

Loss on disposal of assets is credited to _____________.

In order to enable retailer earn profit and still sell goods at the list price, the manufacturers frequently grant them substantial reduction from the list price. Such a reduction in price is called ________.

Capital Account is a: