{"id":19364,"date":"2022-06-03T04:00:46","date_gmt":"2022-06-02T22:30:46","guid":{"rendered":"https:\/\/mcq-questions.com\/?p=19364"},"modified":"2022-05-21T11:57:20","modified_gmt":"2022-05-21T06:27:20","slug":"mcq-questions-for-class-11-accountancy-chapter-11","status":"publish","type":"post","link":"https:\/\/mcq-questions.com\/mcq-questions-for-class-11-accountancy-chapter-11\/","title":{"rendered":"MCQ Questions for Class 11 Accountancy Chapter 11 Accounts from Incomplete Records with Answers"},"content":{"rendered":"

Students who are searching for NCERT MCQ Questions for Class 11 Accountancy Chapter 11 Accounts from Incomplete Records with Answers Pdf free download are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 11 Accountancy with Answers<\/a>. You can also verify your answers from our provided Accounts from Incomplete Records Class 11 MCQs Questions with Answers. So, ace up your preparation with MCQ on Accounts from Incomplete Records Class 11 Objective Questions.<\/p>\n

Accounts from Incomplete Records Class 11 MCQs Questions with Answers<\/h2>\n

Choose the correct answer<\/span><\/p>\n

Question 1.
\nIncomplete record mechanism of book keeping is
\n(a) Scientific
\n(b) Unscientific
\n(c) Unsystematic
\n(d) Both (b) and (c)<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (b) Unscientific<\/p>\n<\/details>\n

\n

Question 2.
\nOpening capital is ascertained by preparing
\n(a) Total debtor\u2019s account
\n(b) Total creditor\u2019s account
\n(c) Cash account
\n(d) Opening statement of affairs<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) Opening statement of affairs<\/p>\n<\/details>\n

\n

Question 3.
\nCredit purchase, during the year is ascertained by preparing :
\n(a) Total creditor\u2019s account
\n(b) Total debtor\u2019s account
\n(c) Cash account
\n(d) Opening statement of affairs<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Total creditors account<\/p>\n<\/details>\n

\n

Question 4.
\nIf Opening capital is Rs. 60,000, drawings Rs. 5,000, capital introduced during the period Rs. 10,000, closing capital Rs. 90,000. The value of profit earned during the period will be:
\n(a) Rs. 20,000
\n(b) Rs. 25,000
\n(c) Rs. 30,000
\n(d) Rs. 40,000<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (b) Rs. 25,000.<\/p>\n<\/details>\n

\n

Write the correct word(s)<\/span><\/p>\n

Question 1.
\nCredit sales can be ascertained as the balancing figure in the …………….. account.<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: total debtor\u2019s<\/p>\n<\/details>\n

\n

Question 2.
\nExcess of ……………. over ……………… represents loss sustained during the period.<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: opening capital, closing capital<\/p>\n<\/details>\n

\n

Question 3.
\nTo ascertain the profit, closing capital is to be adjusted by deducting ………………. and adding …………….<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: additional capital introduced, drawings during the year<\/p>\n<\/details>\n

\n

Question 4.
\nIncomplete records are generally used by ……………….<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: small traders.<\/p>\n<\/details>\n

\n

Use the above-provided NCERT MCQ Questions for Class 11 Accountancy Chapter 11 Accounts from Incomplete Records with Answers Pdf free download and get a good grip on the fundamentals. Need any support from our end during the preparation of CBSE Class 11 Accountancy Accounts from Incomplete Records MCQs Multiple Choice Questions with Answers then leave your comments below. We’ll revert back to you soon.<\/p>\n","protected":false},"excerpt":{"rendered":"

Students who are searching for NCERT MCQ Questions for Class 11 Accountancy Chapter 11 Accounts from Incomplete Records with Answers Pdf free download are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 11 Accountancy with Answers. You can also verify your answers from our provided …<\/p>\n

MCQ Questions for Class 11 Accountancy Chapter 11 Accounts from Incomplete Records with Answers<\/span> Read More »<\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":""},"categories":[35],"tags":[],"yoast_head":"\nMCQ Questions for Class 11 Accountancy Chapter 11 Accounts from Incomplete Records with Answers - MCQ Questions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mcq-questions.com\/mcq-questions-for-class-11-accountancy-chapter-11\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MCQ Questions for Class 11 Accountancy Chapter 11 Accounts from Incomplete Records with Answers - MCQ Questions\" \/>\n<meta property=\"og:description\" content=\"Students who are searching for NCERT MCQ Questions for Class 11 Accountancy Chapter 11 Accounts from Incomplete Records with Answers Pdf free download are compiled here to get good practice on all fundamentals. 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