kundan kumar MP Board Class 11th Accountancy Important Questions Chapter 7 Ledger MP Board Class 11th Accountancy Important Questions Chapter 7 Ledger Short Answer Type Questions Question 1. What is a ledger account? Answer: The head on which the transactions pertaining to a particular person, asset, liability, expense, income, etc. are entered in the books is called … Read more
MP Board Class 11th Accountancy Important Questions Chapter 6 Subsidiary Books-II MP Board Class 11th Accountancy Important Questions Chapter 6 Subsidiary Books-II Short Answer Type Questions Question 1. Why a purchases account is opened when a purchases day book is already kept in the business? Answer: Due to the following reasons, a purchases account is … Read more
MP Board Class 11th Accountancy Important Questions Chapter 5 Subsidiary Books-I MP Board Class 11th Accountancy Important Questions Chapter 5 Subsidiary Books-I Short Answer Type Questions Question 1. “A cash-book never shows a credit balance.” Explain. Or A cash – book always shows debit balance. Why? Answer: In cash – book, only cash transactions are … Read more
MP Board Class 11th Accountancy Important Questions Chapter 4 Journal MP Board Class 11th Accountancy Important Questions Chapter 4 Journal Short Answer Type Questions Question 1. Explain the rules of making Journal. Answer: For recording the transactions in the journal, the following points should be kept in mind: Affects two accounts – Every transaction affects … Read more
MP Board Class 11th Accountancy Important Questions Chapter 3 Business Transactions and Double Entry System MP Board Class 11th Accountancy Important Questions Chapter 3 Business Transactions and Double Entry System Short Answer Type Questions Question 1. What is double entry system? Answer: Double entry system of book-keeping is a system in which each transaction has … Read more
MP Board Class 11th Accountancy Important Questions Chapter 2 Fundamental Assumptions and Principles of Accounting MP Board Class 11th Accountancy Important Questions Chapter 2 Fundamental Assumptions and Principles of Accounting Short Answer Type Questions Question 1. Explain each of the following in about 50 words: Accounting period concept Going concern concept Business entity concept Money … Read more
MP Board Class 11th Accountancy Important Questions Chapter 1 Accounting MP Board Class 11th Accountancy Important Questions Chapter 1 Accounting Short Answer Type Questions Question 1. Explain any five advantages of accounting towards Traders? Answer: 1. Important information – With the help of it, the trader can attain many important informations regarding the business easily. … 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 Unit 6 Development Experience of India: A Comparison with Neighbours Short Answer Type Questions Question 1. Mention some examples of regional and economic groupings? Answer: Following are some examples of regional … Read more
MP Board Class 11th Economics Important Questions Unit 5 Current Challenges Facing Indian Economy MP Board Class 11th Economics Important Questions Unit 5 Current Challenges Facing Indian Economy Short Answer Type Questions Question 1. What is meant by ‘Food for Work’ programme? Answer: ‘Food for work programme’ is one of the programmes to generate wage … Read more
MP Board Class 11th Economics Important Questions Unit 4 Development Experience (1947 – 1990) and Economic Reforms Since 1991 MP Board Class 11th Economics Important Questions Unit 4 Development Experience (1947 – 1990) and Economic Reforms Since 1991 Short Answer Type Questions Question 1. What was the focus of the economic policies pursued by the … Read more