{"id":9203,"date":"2021-07-24T15:00:33","date_gmt":"2021-07-24T09:30:33","guid":{"rendered":"https:\/\/kseebsolutions.guru\/?p=9203"},"modified":"2021-07-24T15:23:04","modified_gmt":"2021-07-24T09:53:04","slug":"1st-puc-accountancy-question-bank","status":"publish","type":"post","link":"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank\/","title":{"rendered":"1st PUC Accountancy Question Bank with Answers Karnataka"},"content":{"rendered":"<p>Expert Teachers at KSEEBSolutions.com has created Karnataka 1st PUC Accountancy Question Bank with Answers Solutions, Notes, Guide Pdf Free Download of 1st PUC Accountancy Textbook Questions and Answers, Model Question Papers with Answers, Study Material 2020-21 in English Medium and Kannada Medium are part of <a href=\"https:\/\/kseebsolutions.guru\/1st-puc-question-banks-with-answers\/\">1st PUC Question Bank with Answers<\/a>. Here KSEEBSolutions.com has given the Department of Pre University Education (PUE) Karnataka State Board NCERT Syllabus 1st Year PUC Accountancy Question Bank with Answers Pdf.<\/p>\n<p>Students can also read <a href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-model-question-papers-with-answers\/\">1st PUC Accountancy Model Question Papers with Answers<\/a> hope will definitely help for your board exams.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-16520 aligncenter\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Question-Bank-with-Answers.png\" alt=\"1st PUC Accountancy Question Bank with Answers\" width=\"573\" height=\"369\" srcset=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Question-Bank-with-Answers.png 573w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Question-Bank-with-Answers-300x193.png 300w\" sizes=\"(max-width: 573px) 100vw, 573px\" \/><\/p>\n<h2>Karnataka 1st PUC Accountancy Question Bank with Answers<\/h2>\n<ul>\n<li><a title=\"1st PUC Accountancy Question Bank Chapter 1 Introduction to Accounting\" href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-chapter-1\/\">Chapter 1 Introduction to Accounting<\/a><\/li>\n<li><a title=\"1st PUC Accountancy Question Bank Chapter 2 Theory Base of Accounting\" href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-chapter-2\/\">Chapter 2 Theory Base of Accounting<\/a><\/li>\n<li><a title=\"1st PUC Accountancy Question Bank Chapter 3 Recording of Transactions I\" href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-chapter-3\/\">Chapter 3 Recording of Transactions I<\/a><\/li>\n<li><a title=\"1st PUC Accountancy Question Bank Chapter 4 Recording of Transactions II\" href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-chapter-4\/\">Chapter 4 Recording of Transactions II<\/a><\/li>\n<li><a title=\"1st PUC Accountancy Question Bank Chapter 5 Bank Reconciliation Statement\" href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-chapter-5\/\">Chapter 5 Bank Reconciliation Statement<\/a><\/li>\n<li><a title=\"1st PUC Accountancy Question Bank Chapter 6 Trial Balance and Rectification of Errors\" href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-chapter-6\/\">Chapter 6 Trial Balance and Rectification of Errors<\/a><\/li>\n<li><a title=\"1st PUC Accountancy Question Bank Chapter 7 Depreciation, Provisions and Reserves\" href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-chapter-7\/\">Chapter 7 Depreciation, Provisions and Reserves<\/a><\/li>\n<li><a title=\"1st PUC Accountancy Question Bank Chapter 8 Bills of Exchange\" href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-chapter-8\/\">Chapter 8 Bills of Exchange<\/a><\/li>\n<li><a title=\"1st PUC Accountancy Question Bank Chapter 9 Financial Statement - I\" href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-chapter-9\/\">Chapter 9 Financial Statements<\/a><\/li>\n<li><a title=\"1st PUC Accountancy Question Bank Chapter 10 Financial Statements With Adjustments\" href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-chapter-10\/\">Chapter 10 Financial Statements with Adjustments<\/a><\/li>\n<li><a title=\"1st PUC Accountancy Question Bank Chapter 11 Accounts From Incomplete Records\" href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-chapter-11\/\">Chapter 11 Accounts from Incomplete Records<\/a><\/li>\n<li><a title=\"1st PUC Accountancy Question Bank Chapter 12 Applications of Computers in Accounting\" href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-chapter-12\/\">Chapter 12 Applications of computers in accounting<\/a><\/li>\n<li><a title=\"1st PUC Accountancy Question Bank Chapter 13 Computerised Accounting System\" href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-chapter-13\/\">Chapter 13 Computerised Accounting System<\/a><\/li>\n<li><a title=\"1st PUC Accountancy Question Bank Practical Oriented Questions\" href=\"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-practical-oriented-questions\/\">Practical Oriented Questions<\/a><\/li>\n<\/ul>\n<p><strong>Karnataka\u00a01st PUC Accountancy Blue Print of Model Question Paper<\/strong><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-16572\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Blue-Print-of-Model-Question-Paper-1.png\" alt=\"1st PUC Accountancy Blue Print of Model Question Paper 1\" width=\"1063\" height=\"687\" srcset=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Blue-Print-of-Model-Question-Paper-1.png 1063w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Blue-Print-of-Model-Question-Paper-1-300x194.png 300w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Blue-Print-of-Model-Question-Paper-1-768x496.png 768w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Blue-Print-of-Model-Question-Paper-1-1024x662.png 1024w\" sizes=\"(max-width: 1063px) 100vw, 1063px\" \/><br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-16571\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Blue-Print-of-Model-Question-Paper-2.png\" alt=\"1st PUC Accountancy Blue Print of Model Question Paper 2\" width=\"1060\" height=\"33\" srcset=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Blue-Print-of-Model-Question-Paper-2.png 1060w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Blue-Print-of-Model-Question-Paper-2-300x9.png 300w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Blue-Print-of-Model-Question-Paper-2-768x24.png 768w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Blue-Print-of-Model-Question-Paper-2-1024x32.png 1024w\" sizes=\"(max-width: 1060px) 100vw, 1060px\" \/><\/p>\n<p>For the first time department of PU Education is releasing the Question Bank for 1 PUC Accountancy subject based on NCERT XI Standard Text Book. It has two volumes. I volume Financial Accounting Part-I consists of 8 chapters and II volume Financial Accounting Part-II consists of 7 chapters of which only 5 chapters are retained by department. All the chapters of first book and only 5 chapters in second book are retained. Chapter 14 and 15 of II volume are excluded.<\/p>\n<p><strong>1st PUC Accountancy Course Structure<\/strong><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-16587\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Course-Structure-1.png\" alt=\"1st PUC Accountancy Course Structure 1\" width=\"654\" height=\"549\" srcset=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Course-Structure-1.png 654w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Course-Structure-1-300x252.png 300w\" sizes=\"(max-width: 654px) 100vw, 654px\" \/><\/p>\n<p><strong>1st PUC Accountancy Chapterwise Weightage of Marks, Allotment of Hours and Typology of Questions<\/strong><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-16589\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Chapterwise-Weightage-of-Marks.png\" alt=\"1st PUC Accountancy Chapterwise Weightage of Marks\" width=\"712\" height=\"538\" srcset=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Chapterwise-Weightage-of-Marks.png 712w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Chapterwise-Weightage-of-Marks-300x227.png 300w\" sizes=\"(max-width: 712px) 100vw, 712px\" \/><br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-16588\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Chapterwise-Weightage-of-Marks-1.png\" alt=\"1st PUC Accountancy Chapterwise Weightage of Marks 1\" width=\"699\" height=\"405\" srcset=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Chapterwise-Weightage-of-Marks-1.png 699w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Chapterwise-Weightage-of-Marks-1-300x174.png 300w\" sizes=\"(max-width: 699px) 100vw, 699px\" \/><\/p>\n<p><strong>1st PUC Accountancy General Guidelines\/Instructions:<\/strong><\/p>\n<ol>\n<li>Availability of teaching hours in a year will be 140 only.<\/li>\n<li>Split-up of available teaching hours:<br \/>\n05 Hours &#8211; For bridge course<br \/>\n120 Hours &#8211; For completion of course content (excluding POQ)<br \/>\n15 Hours &#8211; For the completion of 15 POQs<\/li>\n<li>Duration of Annual Examination will be 3 Hours and 15 Minutes only.<\/li>\n<li>Maximum marks of a question paper will be 167.<\/li>\n<li>While framing the questions, weightage should be given to instructional objectives as follows:<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-16547\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-1.png\" alt=\"Karnataka 1st PUC Accountancy Question Bank with Answers 1\" width=\"245\" height=\"125\" \/><\/li>\n<li>While preparing the question paper due weightage should be given to the difficulty level as follows:<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-16548\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-2.png\" alt=\"Karnataka 1st PUC Accountancy Question Bank with Answers 2\" width=\"211\" height=\"121\" \/><\/li>\n<li>Detailed Course structure, Question Paper Design, Blue Print, Program of work and Chapter-wise Questions are given for the use of lecturers and students.<\/li>\n<li>Tests, Mid-term and Annual Examination question paper should be strictly as per the stipulated Question Paper Pattern only.<\/li>\n<li>Coverage of syllabus should be as per the given Program of work only.<\/li>\n<li>Rules of Debit and Credit should be taught by using Accounting Equation Method only (Assets, Liabilities, Capital, Incomes and Expenses Accounts).<\/li>\n<\/ol>\n<p>Special Note: For the purpose of knowledge and understanding, more number of items\/transactions are given in the problems. However, Question Paper setter should adhere strictly to the specific instructions given pertaining to each topic. Q.P.setter has a freedom to select appropriate items\/transactions or modify the questions, if necessary, to suit the scheme of evaluation.<\/p>\n<p><strong>1st PUC Accountancy Specific Instructions (Section-wise):<\/strong><\/p>\n<p><span style=\"color: #0000ff;\">Section-A: One Mark Questions:<\/span><\/p>\n<ol>\n<li>No question should be based on a trivial information or contents.<\/li>\n<li>Note that, before selecting a very short answer type questions, think of the intended answer first to which that answer is the only appropriate response.<\/li>\n<li>Question should be frame in a clear, precise and unambiguous language, well within the comprehension of the students.<\/li>\n<li>Question should be straight, simple, understandable, free from grammatical and spelling errors.<\/li>\n<li>Questions should be selected from stipulated chapters only(see chapter-wise distribution of marks)<\/li>\n<li>Generally, questions of knowledge and understanding are best suited to this section.<\/li>\n<li>Each and every question should test a definite objective<\/li>\n<li>Typology of questions are as follows:<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-16549\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-3.png\" alt=\"Karnataka 1st PUC Accountancy Question Bank with Answers 3\" width=\"380\" height=\"212\" srcset=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-3.png 380w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-3-300x167.png 300w\" sizes=\"(max-width: 380px) 100vw, 380px\" \/><\/li>\n<li>Questions under different types which generate the same answers which are based on the same concepts or contents are not to be asked.<\/li>\n<li>Very small application\/skill based questions may also be selected under this section.<\/li>\n<li>Answer to all the questions of section-A should be placed continuously at one place only.<\/li>\n<\/ol>\n<p><span style=\"color: #0000ff;\">Section-B: Two Marks Questions:<\/span><\/p>\n<ol>\n<li>Questions should be selected from the stipulated chapters only (See chapter-wise distribution of Marks)<\/li>\n<li>Questions should be selected to suit the scheme.<\/li>\n<li>Questions under this section may be in a question form\/statement form\/small calculations, etc. (for theory question only)<\/li>\n<li>Questions under this section may be as follows:-<br \/>\nDefinitions, meanings, features, merits, demerits, types, examples, steps, differences, methods, small calculations, journal entry, etc.<\/li>\n<\/ol>\n<p><span style=\"color: #0000ff;\">Section-C: Six Marks Questions:<\/span><\/p>\n<ol>\n<li>Questions\/ problems should be selected from the stipulated chapters only. (See chapter-wise distribution of marks)<\/li>\n<li>Items, transactions, entries, etc. should suit to the scheme of evaluation.<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-16558\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-4.png\" alt=\"Karnataka 1st PUC Accountancy Question Bank with Answers 4\" width=\"595\" height=\"416\" srcset=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-4.png 595w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-4-300x210.png 300w\" sizes=\"(max-width: 595px) 100vw, 595px\" \/><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-16557\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-5.png\" alt=\"Karnataka 1st PUC Accountancy Question Bank with Answers 5\" width=\"590\" height=\"397\" srcset=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-5.png 590w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-5-300x202.png 300w\" sizes=\"(max-width: 590px) 100vw, 590px\" \/><\/li>\n<li>Out of seven questions, 1 theory based question should be taken from chapter No. 13 (Computerised Accounting System) only.<\/li>\n<li>Selection of the remaining questions (problems)<\/li>\n<\/ol>\n<p><span style=\"color: #0000ff;\">Section-D: Twelve Marks Questions:<\/span><\/p>\n<ol>\n<li>Problems should be selected from the stipulated chapters only. (See chapter-wise distribution of marks)<\/li>\n<li>Items, transactions, entries, etc., should suit to the scheme of evaluation.<\/li>\n<\/ol>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-16561\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-6.png\" alt=\"Karnataka 1st PUC Accountancy Question Bank with Answers 6\" width=\"600\" height=\"378\" srcset=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-6.png 600w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-6-300x189.png 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-16560\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-7.png\" alt=\"Karnataka 1st PUC Accountancy Question Bank with Answers 7\" width=\"601\" height=\"607\" srcset=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-7.png 601w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-7-150x150.png 150w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/Karnataka-1st-PUC-Accountancy-Question-Bank-with-Answers-7-297x300.png 297w\" sizes=\"(max-width: 601px) 100vw, 601px\" \/><\/p>\n<p><span style=\"color: #0000ff;\">Section-E: Practical Oriented Questions for 5 Marks:<\/span><\/p>\n<p>1. Three questions are to be selected from the given list only. (See the blue print)<br \/>\n2. Selection of 3 questions:-<br \/>\nFirst question: from Sr.No.l to 5 in the list of POQs.<br \/>\nSecond question: from Sr. No. 6 to 10 in the list of POQs.<br \/>\nThird question: from Sr. No. 11 to 15 in the list of POQs.<br \/>\nThis should be strictly followed while setting the question paper.<br \/>\nImportant Note:- Care should be taken to avoid duplication of questions in the different sections of the question paper.<\/p>\n<p><strong>1st PUC Accountancy Suggested Question Paper Design<\/strong><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-16568\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Suggested-Question-Paper-Design.png\" alt=\"1st PUC Accountancy Suggested Question Paper Design\" width=\"751\" height=\"893\" srcset=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Suggested-Question-Paper-Design.png 751w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Suggested-Question-Paper-Design-252x300.png 252w\" sizes=\"(max-width: 751px) 100vw, 751px\" \/><br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-16567\" src=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Suggested-Question-Paper-Design-1.png\" alt=\"1st PUC Accountancy Suggested Question Paper Design 1\" width=\"649\" height=\"608\" srcset=\"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Suggested-Question-Paper-Design-1.png 649w, https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2019\/11\/1st-PUC-Accountancy-Suggested-Question-Paper-Design-1-300x281.png 300w\" sizes=\"(max-width: 649px) 100vw, 649px\" \/><\/p>\n<h3>Karnataka 1st PUC Accountancy Syllabus<\/h3>\n<p>1. Introduction to Accounting<br \/>\n1.1 Meaning of Accounting<br \/>\n1.2 Accounting as source of information<br \/>\n1.3 Objectives of Accounting<br \/>\n1.4 Role of Accounting<br \/>\n1.5 Basic Terms in Accounting: Entity, Transaction, Assets, Liabilities, Capital, Sales, Revenues, Expenses, Expenditure, Profit, Gain, Loss, Discount, voucher, Goods, Drawings, Purchases, Stock, Debtors, Creditors.<\/p>\n<p>2. Theory Base of Accounting<br \/>\n2.1 Generally Accepted Accounting Principles<br \/>\n2.2 Basic accounting concepts:<br \/>\nBusiness Entity, Money Measurement, Going concern, Accounting Period, Cost, Dual, Aspect, Revenue Recognition, Matching Full Disclosure Consistency, Conservatism (Prudence) Materiality, Objectivity.<br \/>\n2.3 Systems of Accounting<br \/>\n2.4 Basic of Accounting<br \/>\n2.5 Accounting Standards<br \/>\n2.6 International Financial Reportirig Standards<\/p>\n<p>3. Recording of Transactions &#8211; I<br \/>\n3.1 Business Transactions and Source Document<br \/>\n3.1.1 Preparation of Accounting Vouchers<br \/>\n3.2 Accounting Equation:<br \/>\n3.3 Using Debit and Credit<br \/>\n3.4 Books of Original Entry<br \/>\n3.4.1 Journal<br \/>\n3.5 Ledger<br \/>\n3.5.1 Classification of Ledger Accounts<br \/>\n3.6 Posting from Journal<\/p>\n<p>4. Recording of Transactions &#8211; II<br \/>\n4.1 Cash Books<br \/>\n4.1.1 Single Column Cash Book<br \/>\n4.1.2 Double Column Cash Book<br \/>\n4.1.3 Petty Cash Book<br \/>\n4.1.4 Balancing of Cash Book<br \/>\n4.2 Purchases Book<br \/>\n4.3 Purchases Returns Book<br \/>\n4.4 Sales Book<br \/>\n4.5 Sales Returns Book<br \/>\n4.6 Journal Proper<br \/>\n4.7 Balancing the Accounts<\/p>\n<p>5. Bank Reconciliation Statement<br \/>\n5.1 Need for reconciliation<br \/>\n5.1.1 Timing differences<br \/>\n5.1.2 Differences caused by errors<br \/>\n5.2 Preparation of BRS<br \/>\n5.3 Preparation of BRS &#8211; without adjusting Cash Book Balance<\/p>\n<p>6. Trial Balance and Rectification of Errors<br \/>\n6.1 Meaning of Trial Balance<br \/>\n6.2 Objectives of preparing Trial Balance<br \/>\n6.2.1 To ascertain the arithmetical accuracy of ledger accounts<br \/>\n6.2.2 To help in locating errors<br \/>\n6.2.3 To help in the preparation of the financial statements<br \/>\n6.3 Preparation of Trial Balance<br \/>\n6.3.1 Total Method<br \/>\n6.3.2 Balance Method<br \/>\n6.3.3 Totals-Cum-Balance Method<br \/>\n6.4 Significance of Agreement of Trial Balance<br \/>\n6.4.1 Classification of Errors<br \/>\n6.4.2 Errors of Commission<br \/>\n6.4.3 Errors of Omission<br \/>\n6.4.4 Errors of Principle<br \/>\n6.4.5 Compensating Errors<br \/>\n6.5 Searching of Errors<br \/>\n6.6 Rectification of Errors<br \/>\n6.6.1 Rectification of errors which do not afffect the trial balance<br \/>\n6.6.2 Rectification of errors affecting Trial Balance<br \/>\n6.6.3 Rectification of errors in the next accounting year<\/p>\n<p>7. Depreciation, Provisions and Reserves<br \/>\n7.1 Depreciation<br \/>\n7.1.1 Meaning of Depreciation<br \/>\n7.1.2 Features of Depreciation<br \/>\n7.2 Depreciation and other similar terms<br \/>\n7.2.1 Depletion<br \/>\n7.2.2 Amortisation<br \/>\n7.3 Causes of Depreciation (7.3.1 to 7.3.4)<br \/>\n7.4 Need for Depreciation (7.4.1 to 7.4.4)<br \/>\n7.5 Factors affecting the amount of Depreciation (7.5.1 to 7.5.4)<br \/>\n7.6 Methods of Calculating Depreciation Amount<br \/>\n7.6.1 Straight Line Method<br \/>\n7.6.1.1 Advantages of Straight Line Method<br \/>\n7.6.1.2 Limitations of SLM<br \/>\n7.6.2 Written down value method<br \/>\n7.6.2.1 Advantages of WDVM<br \/>\n7.6.2.2 Limitations of WDVM<br \/>\n7.7 SLM and WDVM : A Comparative Analysis<br \/>\n7.7.1 Basic of charging Depreciation<br \/>\n7.7.2 Annual Charge of Depreciation<br \/>\n7.7.3 Total charge against P and L A\/c (Depreciation + Repair charges)<br \/>\n7.7.4 Recognition by Income Tax Law<br \/>\n7.7.5 Suitability<br \/>\n7.8 Methods of recording depreciation<br \/>\n7.8.1 Charging depreciation to Asset A\/c<br \/>\n7.8.2 Creating Provision for Depreciation A\/c \/ Accumulated Depreciation A\/c<br \/>\n7.9 Disposal of Asset<br \/>\n7.9.1 Use of Asset Disposal A\/c<br \/>\n7.10 Effect of any addition or extension to the existing asset<br \/>\n7.11 Provisions<br \/>\n7.11.1 Accounting treatment for Provisions<br \/>\n7.12 Reserves<br \/>\n7.12.1 Difference between Reserve and Provision<br \/>\n7.12.2 Types of Reserves<br \/>\n7.12.3 Difference between Revenue Reserve and Capital Reserve<br \/>\n7.12.4 Importance of Reserves<br \/>\n7.13 Secret Reserve<\/p>\n<p>8. Bills of Exchange<br \/>\n8.1 Meaning of Bills of Exchange<br \/>\n8.1.1 Parties to Bills of Exchange<br \/>\n8.2 Promissory Note<br \/>\n8.2.1 Parties to Promissory Note<br \/>\n8.3 Advantages of Bills of Exchange<br \/>\n8.4 Maturity of Bill<br \/>\n8.5 Discounting of Bill<br \/>\n8.6 Endorsement of Bill<br \/>\n8.7 Accounting Treatment<br \/>\n8.7.1 In the books of Drawer \/ Promissor<br \/>\n8.7.2 In the books of Acceptor \/ Promissory<br \/>\n8.8 Dishonour of Bill<br \/>\n8.8.1 Noting Charges<br \/>\n8.9 Renewal of the Bill<br \/>\n8.10 Retiring of the Bill<br \/>\n8.11 Bills Receivable and Bills Payable Books:<br \/>\n8.11.1 Bills Receivable Book<br \/>\n8.11.2 Bills Payable Book<br \/>\n8.12 Accommodation Bills<\/p>\n<p>9. Financial Statements &#8211; 1<br \/>\n9.1 Stakeholders and their Information Requirements<br \/>\n9.2 Distinction between Capital and Revenue<br \/>\n9.3 Financial Statements<br \/>\n9.4 Trading and Profit and Loss Account<br \/>\n9.5 Operating Profit (EBIT)<br \/>\n9.6 Balance Sheet<br \/>\n9.7 Opening Entry<\/p>\n<p>10. Financial Statements<br \/>\n10.1 Need for Adjustments<br \/>\n10.2 Closing Stock<br \/>\n10.3 Outstanding Expenses<br \/>\n10.4 Prepaid Expenses<br \/>\n10.5 Accrued Income<br \/>\n10.6 Income Received in Advance<br \/>\n10.7 Depreciation<br \/>\n10.8 Bad Debts<br \/>\n10.9 Provision for Bad and Doubtful Debts<br \/>\n10.10 Provision for Discount on Debtors<br \/>\n10.11 Manager&#8217;s Commission<br \/>\n10.12 Interest on Capital<\/p>\n<p>11. Financial Statements<br \/>\n11.1 Meaning of Incomplete Records<br \/>\n11.2 Reasons for Incompleteness and its Limitations<br \/>\n11.3 Ascertainment of Profit and Loss<br \/>\n11.4 Preparing Trading and Profit and Loss Account and the Balance Sheet<br \/>\n11.4.1 Ascertainment of Credit Purchases<br \/>\n11.4.2 Ascertainment of Credit Sales<br \/>\n11.4.3 Ascertainment of B\/R and B\/P<br \/>\n11.4.4 Ascertainment of missing information through summary of cash<\/p>\n<p>12. Applications of Computers in Accounting<br \/>\n12.1 Meaning and Elements of Computer system<br \/>\n12.2 Capabilities of Computer System<br \/>\n12.3 Limitations of a Computer<br \/>\n12.4 Components of Computer<br \/>\n12.5 Evolution of Computerised Accounting<br \/>\n12.6 Features of Computerised Accounting System<br \/>\n12.7 Management Information System and Accounting Information System<br \/>\n12.7.1 Designing of Accounting Reports<br \/>\n12.7.2 Data Interface between the Information System<\/p>\n<p>13. Computerised Accounting System<br \/>\n13.1 Concept of computerised Accounting System<br \/>\n13.2 Comparison between Manual and Computerised Accounting<br \/>\n13.3 Advantages of Computerised Accounting System<br \/>\n13.4 Limitations of Computerised Accounting System<br \/>\n13.5 Sourcing of Accounting Software<br \/>\n13.6 Generic Considerations before Sourcing an Accounting Software<\/p>\n<p>We hope the given Karnataka 1st PUC Class 11 Accountancy Question Bank with Answers Solutions, Notes, Guide Pdf Free Download of 1st PUC Accountancy Textbook Questions and Answers, Model Question Papers with Answers, Study Material 2020-2021 in English Medium and Kannada Medium will help you.<\/p>\n<p>If you have any queries regarding Karnataka State Board NCERT Syllabus 1st Year PUC Class 11 Accountancy Question Bank with Answers Pdf, drop a comment below and we will get back to you at the earliest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Expert Teachers at KSEEBSolutions.com has created Karnataka 1st PUC Accountancy Question Bank with Answers Solutions, Notes, Guide Pdf Free Download of 1st PUC Accountancy Textbook Questions and Answers, Model Question Papers with Answers, Study Material 2020-21 in English Medium and Kannada Medium are part of 1st PUC Question Bank with Answers. Here KSEEBSolutions.com has given &hellip;<\/p>\n","protected":false},"author":2,"featured_media":90069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/kseebsolutions.guru\/wp-content\/uploads\/2020\/06\/1st-puc-accountancy-question-bank-with-answers.jpeg","_links":{"self":[{"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/posts\/9203"}],"collection":[{"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/comments?post=9203"}],"version-history":[{"count":0,"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/posts\/9203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/media\/90069"}],"wp:attachment":[{"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/media?parent=9203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/categories?post=9203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/tags?post=9203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}