Download App

Accounts from Incomplete Records — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountAccounts from Incomplete Records1 Mark
Question
Name the two main accounts maintained in ‘Accounts from Incomlete Records’.
✓

Answer

  1. Cash Account.
  2. Peresonal accounts of debtors/ creditors.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Accounts from Incomplete Records→Accounts from Incomplete Records — all question types→Account STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

State the meaning of:
Accrued income.
→
How can Closing Capital be ascertained from incomplete records?
→
Is cancellation entry required when a bill is renewed?
→
Define Bank overdraft.
→
Mr. Gauri Shankar, a businessman pays ₹ 1 lac per month as instalment for his newly acquired business premises. Is it a revenue expenditure or capital expenditure?
→
Briefly explain Current Assets.
→
What is Net Profit?
→
“Liabilities side of the Balance Sheet always represents Credit balances.” Do you agree?
→
Explain how the following may be ascertained from incomplete records:
Payments to creditors and collection from debtors.
→
Give the correct chronological order of ascertainment of the following profits from Trading and Profit and Loss Account Operating Profit, Gross Profit, Net Profit.
→