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HSC Commerce (English Medium) 11th Standard - Maharashtra State Board Question Bank Solutions for Book Keeping and Accountancy

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Book Keeping and Accountancy
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Classify the following account under the types of Personal, Real and Nominal account:

Legal Expenses A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Fixed Deposit A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

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Classify the following account under the types of Personal, Real and Nominal account:

Income Receivable A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Audit Fees A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Trademark A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Loss by fire A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Motor Car A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Income tax A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

GST A/c (Goods and Service Tax)

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Siddhivinayak Trust A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Office Equipment A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

The stock of Stationery A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Indian Railways A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Income Received in Advance A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Dividend on Investment Advance A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Discount A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Raj & company A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Repairs A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Classify the following account under the types of Personal, Real and Nominal account:

Royalty A/c

[2] Meaning and Fundamentals of Double Entry Book-Keeping
Chapter: [2] Meaning and Fundamentals of Double Entry Book-Keeping
Concept: undefined >> undefined

Put ‘4’ mark for the nature of balance for the following.

Account Dr. Balance Cr. Balance
1. Capital A/c    
2. Goodwill    
3. Bank Overdraft    
4. Bills Receivable    
5. Creditors    
6. Drawings    
7. Advertisement    
8. Prepaid Rent    
9. Outstanding Salary    
10. Bad debts  
[4] Ledger
Chapter: [4] Ledger
Concept: undefined >> undefined
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