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CBSE Class X Sample Question Paper 2017 : ELEMENT OF BOOK KEEPING AND ACCOUNTANCY (with Marking Scheme / Solutions)

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CBSE 10
Kendriya Vidyalaya (KV), Kamla Nehru Nagar, Ghaziabad
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SAMPLE PAPER ELEMENTS OF BOOK KEEPING AND ACCOUNTANCY CLASS X (2016-17) SA-II (TERM II) Q1. The purpose of preparing final accounts is to ascertain: a) b) c) d) Q2. Profit or loss Capital The value of assets Profit or loss and financial position Trading Account shows: a) b) c) d) Q3. Q5. Balance Sheet is prepared: 1 For a particular period On a particular date For the whole year For a decade Balance sheet shows: a) b) c) d) 1 At the end of calendar year At the beginning of the accounting year On every Diwali At the end of accounting year a) b) c) d) Q6. 1 Profit or loss Financial position Errors of accounts Total debtors Trading and Profit & Loss Account is prepared: a) b) c) d) 1 Financial position of the concern Gross profit Net profit Net profit and financial position Balance sheet shows: a) b) c) d) Q4. 1 Assets only Liabilities only Both assets & Liabilities Neither assets nor liabilities 1

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