AHSEC Class 11 Accountancy Important Questions for 2026/2027 Exam

ASHEC Class 11 Accountancy Important Questions and Question Paper Pattern

Question Paper Pattern

Part	Question Numbers	Marks per Question	Selection Requirement	Total Marks
Part-A	1 to 40	1 Mark	All Questions	1*40=40
Part-B	41 to 50	2 Marks	Any 5 out of 10	2*5=10
	51 to 58	3 Marks	Any 5 out of 8	3*5=15
	59 to 63	5 Marks	Any 3 out of 5	5*3=15
Total Marks Project work				80 Marks 20 Marks
Total				100 Marks

1. Journal Entries or Accounting Equations 3 Marks

2. Cash Book

3. BRS

4. Rectification of errors

5. Final Accounts

1) What is accounting? What are its objectives? Give two characteristics of Accounting.

2) Explain five points of advantages and limitations of accounting.

3) Write name of the internal and external users who are interested in accounting information.

4) Mention three functions of Accounting.

5) Define book-keeping. Give three differences between Book-keeping and Accountancy.      

6) Mention the objectives and features of book-keeping.

7) What is Accounting Information? Mention any two three of accounting information. Mention the qualitative characteristics of accounting information.

8) What is source of document? Mention two sources of document.

9) Mention any four process of Accounting. (Accounting Cycle)

10) Define the following term in two lines: Capital, Drawings, Assets, Liability, Expenses, Incomes, Debtors, Creditors, Voucher, Revenue, Income, Debit note, Credit note, Proprietor, Deferred revenue expenditure, Contra entry.

1) What is the Accounting standard? Mention its objectives. Mention the advantages and limitations of Accounting standard.

2) What is GAAP? Mention its features.

3) Mention three basic accounting assumptions.

4) What are three bases of accounting? Define in one line.

5) What is double entry system? Mention its merits and limitations

6) What is single entry system? Mention its merits and limitations. Distinguish between single entry and double entry.

7) What is GST? What are its features? Mention its advantages.

8) What is accounting concepts and convention?

9) Write short notes on: Dual Aspect Concept, Money Measurement Concept, Going Concern Concept, Accounting Period Concept, Full Disclosure, Consistency, Conservatism, Cost Concept

1) What is an Account? What are its various types? Give a specimen form of Account.

2) Define a Transaction. Mention its features. Explain briefly the classification of transactions.

3) Define debit and Credit. How are the rules of Debit and Credit applied in recording transaction in different types of accounts?

4) What is Debit Voucher and credit voucher?

5) What is Journal and What is Journalising? What are various classes of journal?

6) Where from the word “Journal” has been derived and what does it mean?

7) What is Journalising? Mention the steps from journalising a transaction.

8) Define Ledger. State its importance. What do you mean by “Balancing the Account”?

9) Define Ledger. What are the Sub-divisions of a Ledger?        

10) Mention five distinction between Journal and Ledger.          

11) What is subsidiary books? Mention its significance.

12) Mention the transactions recorded in various types of journal including journal proper.

13) What is a Cash Book? State different types of Cash Book. Is Cash Book a ledger or a journal?

14) Explain any four points of differences between Cash Discount and Trade Discount.

15) What is BRS? Mention its need. State and explain briefly and five causes for differences between bank balance as per cash book and bank balance as per pass book.

16) Ascertain the class of the following accounts.

a)    Unexpired Insurance Account.

b)    Interest Received in Advance Account.

c)    Drawing Account

d)    Interest Account

e)    Prepaid insurance.

f)     Outstanding rent.

g)    Outstanding Salary Account.

h)    Reserve Account

i)      Purchase Return Account.

j)      Bills Receivable Account.

k)    Provision for discount

1) What is Trial Balance? Mention its objectives.

2) Mention three advantages and disadvantages of Trial Balance.

3) Mention the various methods of preparing trial balance.

4) What is Suspense Account? Write its utility.

5) What are various types of Errors? Explain them with examples.

6) Define one sided and two sided errors. Mention the errors which are detected by Trial Balance.

7) Is agreement of Trial Balance a proof of the accuracy of the books of accounts? If not, what are the errors which remain undetected in spite of its agreement?

1) What is depreciation? Mention important causes of providing depreciation.

2) Write five need or objects of providing depreciation.

3) Explain the basic factors (basis) on which the calculation of depreciation depends?

4) State the different methods of providing depreciation. Explain briefly any one of them. Also distinguish between SLM and WDV method.

5) Write any five differences between ‘Provision and Reserves’.

6) What is provision? What are its importance? Give three examples of provision.  

7) What is reserves? What are its importance? Give three examples of reserves.  

8) Define various reserves: capital reserve, revenue reserve, general reserve, specific reserve and secret reserve.

1) What are financial statements? Mention its users.

2) Define in two lines:  Trading Account, Profit and loss account, Net Profit, Gross Profit, and Operating Profit.

3) Define Balance Sheet. Give two characteristics of Balance Sheet. Why it is necessary?

4) What is “Marshalling” of assets and liabilities?

5) What is grouping of balance sheet?

6) What do you mean by Adjustment entry in final account? Give two examples of Adjustment entry.  

7) Define and distinguish between capital and revenue expenditure with examples.

8) What are various assets and liabilities? Explain them briefly.