Prasanna

MP Board Class 12th Accountancy Important Questions Chapter 5 Dissolution of a Partnership Firm Dissolution of a Partnership Firm Important Questions Dissolution of a Partnership Firm Objective Type Questions Question 1. Choose the correct answer: Question 1. Profit on Realization is credited to Partner’s: (a) Bank AJc (b) Capital A/c (c) Revaluation A/c (d) Realization … Read more

MP Board Class 12th Business Studies Important Questions Chapter 4 Planning Planning Important Questions Planning Objective Type Questions Question 1. Choose the correct answer : Question 1. Out of the following which one is the objective of planning : (a) Forecast (b) Thrift (c) Fixed objective implementation (d) all of the above. Answer: (d) all … Read more

MP Board Class 12th Accountancy Important Questions Chapter 3 Reconstitution of Partnership Firm: Admission of a Partner Reconstitution of Partnership Firm: Admission of a Partner Important Questions Reconstitution of Partnership Firm: Admission of a Partner Objective Type Questions Question 1. Choose the correct answer: Question 1. The type of asset, goodwill is: (a) Tangible (b) … Read more

MP Board Class 12th Accountancy Important Questions Chapter 2 Partnership Accounts: Basic Concepts Partnership Accounts: Basic Concepts Important Questions Partnership Accounts: Basic Concepts Objective Type Questions Question 1. Choose the correct answer: Question 1. Maximum number of members in a partnership firm performing banking business is:(MP 2010) (a) 20 (b) 15 (c) 10 (d) None … Read more

MP Board Class 11th Accountancy Important Questions Chapter 18 Preparation of Accounts from Incomplete Records Preparation of Accounts from Incomplete Records Important Questions Preparation of Accounts from Incomplete Records Objective Type Questions Question 1. Choose the correct answer: Question 1. A system of accounting which is not based on double entry system is called – … Read more

MP Board Class 11th Accountancy Important Questions Chapter 17 Accounting in Non-trading Organizations Accounting in Non-trading Organizations Important Questions Accounting in Non-trading Organizations Objective Type Questions Question 1. Choose the correct answer: Question 1. Such persons who earn remuneration against their services are called – (a) Seller (b) Purchaser (c) Professional (d) None of these. … Read more

MP Board Class 11th Accountancy Important Questions Chapter 16 Preparation of Final Accounts of Sole Trade Preparation of Final Accounts of Sole Trade Important Questions Preparation of Final Accounts of Sole Trade Long Answer Type Questions Question 1. What adjustment are done in trading A/c? Prepare a format of trading A/c and show. Answer: Question … Read more

MP Board Class 12th Chemistry Solutions Chapter 11 Alcohols, Phenols and Ethers Alcohols, Phenols and Ethers NCERT Intext Exercises Question 1. Classify the following as primary, secondary and tertiary alcohols : Answer: (i) 1°, (ii) 1°, (iii) 1°, (iv) 2°, (v) 2°, (vi) 3°. Question 2. Identify allylic alcohols in the above examples. Answer: Allylic … Read more

MP Board Class 11th Accountancy Important Questions Chapter 15 Adjustments Adjustments Important Questions Adjustments Objective Type Questions Question 1. Choose the correct answer: Question 1. Outstanding Expenses are related to – (a) Current year (b) Next year (c) Last year (d) None of these. Answer: (a) Current year Question 2. Prepaid expenses are shown in … Read more

MP Board Class 12th Business Studies Important Questions Chapter 3 Management and Business Environment Management and Business Environment Important Questions Management and Business Environment Objective Type Questions Question 1. Choose the correct answer: Question 1. Out of the following which is not a part of business environment: (a) Urbanization (b) Employee (c) Comparative (d) Mandatory. … Read more

MP Board Class 11th Accountancy Important Questions Chapter 14 Financial Statement Financial Statement Important Questions Financial Statement Objective Type Questions Question 1. Choose the correct answer: Question 1. Trading Account discloses – (a) Gross profit (b) Net profit (c) Net loss (d) Gross profit or Gross loss Answer: (d) Gross profit or Gross loss Question … Read more

MP Board Class 11th Accountancy Important Questions Chapter 13 Bills of Exchange and Promissory Note Bills of Exchange and Promissory Note Important Questions Bills of Exchange and Promissory Note Short Answer Type Questions Question 1. What are the parties to a bill? Explain. Answer: There are three parties to a bill. They are: Drawer – … Read more

MP Board Class 11th Accountancy Important Questions Chapter 12 Provision and Reserves Provision and Reserves Important Questions Provision and Reserves Objective Type Questions Question 1. Choose the correct answers: Question 1. Which reserve is not shown in balance sheet – (a) General reserve (b) Specific reserve (c) Secret reserve (d) Capital reserve. Answer: (c) Secret … Read more

MP Board Class 11th Accountancy Important Questions Chapter 11 Depreciation Depreciation Important Questions Depreciation Short Answer Type Questions Question 1. What do you mean by depreciation? What is the need of providing Depreciation? Or Write objects of providing for depreciation. Answer: Due to constant use of fixed assets in the business, there is continuing diminution … Read more