Accounts from Incomplete Records Class 11 MCQ | Accountancy Quiz for Class 11 and Other Competitive Exams

Accounts from Incomplete Records Class 11 MCQ: Check the below NCERT MCQ Questions for Accountancy Accounts from Incomplete Records Class 11 MCQ with Answers Pdf free download. Accounts from Incomplete Records Class 11 MCQ  Questions for Accountancy with Answers were prepared based on the latest exam pattern. We have provided Accounts from Incomplete Records Class 11 Questions with Answers to help students understand the concept very well.

Accounts from Incomplete Records Class 11 MCQ

---

1. Which account is prepared to know the credit purchase?
(a) Creditors account
(b) Debtors account
(c) Sundry Creditors account
(d) Sundry Debtors account

---

2. Which accounts are maintained under single entry system.
(a) Real
(b) Personal
(c) Nominal
(d) All of the above

---

3. While calculating profit. Drawings will be added to _______.
(a) Opening capital
(b) Closing capital
(c) Cash in hand
(d) None of these

---

4. Profit can be determined by preparing statement of affairs in single entry system.
(a) True
(b) False

---

5. Closing capital is deducted from opening capital to calculate profit in single entry system.
(a) True
(b) False

---

Follow on Facebook

By Team Learning Mantras