HSC Commerce (English Medium) इयत्ता ११ वी - Maharashtra State Board Question Bank Solutions

Answer in one sentence only:

What is Double Entry System?

Answer in one sentence only:

State the meaning of the Single Entry System.

Answer in one sentence only:

How many methods of recording accounting information are there?

Write one word/term or phrase which can substitute the following statement.

Incomplete system of recording business transactions.

Select the most appropriate alternatives from the given below and rewrite the statement:

Conventional system of accounting is ______

Fill in the blank:

Scientific and complete system of recording is known as ______

Fill in the blank:

Cash Book and Personal Accounts are only maintained under ______ system.

Fill in the blank:
___________ is the document on the basis of which the entry is recorded in journal.

There are _______ parties to a cheque.

Fill in the blank:
The _______ cheque is more safe than other cheques as it cannot be encashed on the counter of the bank.

Prepare specimen of Tax Invoice.

Prepare specimen of Receipt

Prepare specimen of Crossed cheque

Prepare specimen of Cash voucher.

Answer the following question in one sentence:

What is Subsidiary Books?

Give word/term or phrase for the following statement:

A bank account which the businessman prefer to open.

Give word/term or phrase for the following statement:

Name the account which encourages personal savings.

Give word/term or phrase for the following statement:

A note issued by buyer to seller giving full details of goods returned.

Give word/term or phrase for the following statement:

Note issued by seller on receipt of defective goods from customer.

Give word/term or phrase for the following statement:

Name the bank account on which overdraft facility is given to Account holder.