Prasanna

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

MP Board Class 11th Economics Important Questions Unit 6 Development Experience of India: A Comparison with Neighbours MP Board Class 11th Economics Important Questions Development Experience of India: A Comparison with Neighbours Objective Type Questions Question 1. Choose the correct option: Question (a) China republic was established in: (a) 1945 (b) 1947 (c) 1949 (d) … Read more

MP Board Class 11th Accountancy Important Questions Chapter 10 Rectification of Errors Rectification of Errors Important Questions Rectification of Errors Objective Type Questions Question 1. Choose the correct answer: Question 1. Errors are rectified in this book – (a) Ledger book (b) Journal proper (c) Trial balance (d) None of these. Answer: (b) Journal proper … Read more

MP Board Class 12th Business Studies Important Questions Chapter 2 Principles of Management Principles of Management Important Questions Principles of Management Very Short Answer Type Questions Questions 1. What do you understand by “Mental revolution” ? Answer: Principle of mental revolution assumes that even if there are large physical resources and other resources in an … Read more

MP Board Class 12th Accountancy Important Questions Chapter 1 Accounting for Non-profit Organization Accounting for Non – profit Organization Important Questions Accounting for Non – profit Organization Objective Type Questions Question 1. Choose the correct answer: Question 1. Advance Subscription received during a year is a: (a) Income (b) Expenses (c) Liabilities (d) Assets. Answer: … Read more

MP Board Class 11th Accountancy Important Questions Chapter 9 Trial Balance Trial Balance Important Questions Trial Balance Objective Type Questions Question 1. Choose the correct answer: Question 1. What kind of accuracy is tested by Trial balance – (a) Theoritical (b) Practical (c) Arithmetical (d) None of these. Answer: (c) Arithmetical Question 2. How many … Read more

MP Board Class 11th Accountancy Important Questions Chapter 8 Bank Reconciliation Statement Bank Reconciliation Statement Important Questions Bank Reconciliation Statement Short Answer Type Questions Question 1. Why is Bank Reconciliation Statement prepared? Answer: When it is found that there are some differences between the cash-book balance and passbook balance, these differences should be rectified. For … Read more