{"id":9908,"date":"2019-12-04T17:46:26","date_gmt":"2019-12-04T12:16:26","guid":{"rendered":"https:\/\/kseebsolutions.guru\/?p=9908"},"modified":"2021-07-02T15:43:58","modified_gmt":"2021-07-02T10:13:58","slug":"1st-puc-accountancy-question-bank-practical-oriented-questions","status":"publish","type":"post","link":"https:\/\/kseebsolutions.guru\/1st-puc-accountancy-question-bank-practical-oriented-questions\/","title":{"rendered":"1st PUC Accountancy Question Bank Practical Oriented Questions"},"content":{"rendered":"

You can Download Practical Oriented Questions Questions and Answers, Notes, 1st PUC Accountancy Question Bank with Answers<\/a> Karnataka State Board Solutions help you to revise complete Syllabus and score more marks in your examinations.<\/p>\n

Karnataka 1st PUC Accountancy Question Bank Practical Oriented Questions<\/h2>\n

1st PUC Practical Oriented Questions<\/h3>\n

Question 1.
\nMention the accounting equation and also give examples with balance sheet.
\nAnswer:
\nAccounting equation => Capital = Assets + Liability
\nExample:
\n(i) Anil started business with cash Rs. 50000 Accounting equation => Capital = Assets + Liabilities
\n\u2234 Capital = 50,000, Assets (cash) = 50,000
\n\u2234 50,000 =50,000<\/p>\n

(ii) Purchase goods for Rs. 20,000
\nCapital = 50,000, Cash = 50,000-20,000 = 30,000 Stock = 2,000
\n\u2234 Capital = Cash + Stock
\n50,000 = 30,000 + 20,000
\n\"1st<\/p>\n

Question 2.
\nWrite the specimen of accounting cycle.2009, 2011(S), 2008, 2009, 2010(N), 2012(N)
\nAnswer:
\n\"1st<\/p>\n

Question 3.
\nPass journal entries from the ledger given. 2009(S)
\n\"1st
\nAnswer:
\n\"1st<\/p>\n

Question 4.
\nPrepare the format of a bills of exchange. 2008(N), 2009, 2010. 2011(S), 2012(N) and (S)
\nAnswer:
\n\"1st<\/p>\n

Question 5.
\nGive the speciman of an Invoice. 2011(S), 20011(N)
\nAnswer:
\n\"1st
\n\"1st<\/p>\n

Question 6.
\nWrite the speciman of debit note. 2009, 2010(N) 2009(S)
\nAnswer:
\n\"1st<\/p>\n

Question 7.
\nWrite the speciman of credit note.
\nAnswer:
\nSpecimen of Credit note
\n\"1st<\/p>\n

Question 8.
\nWrite the accounting equation find out missing figures. 2009(N)
\n\"1st
\nAnswer:
\nAccounting equation
\nAsset = Capital + Liabilities
\n(i) 40,000 = Capital-20,000
\nCapital = 40,000 -20,000
\nCapital = 20,000<\/p>\n

(ii) Assets = 15,000 + Liabilities + 20,000
\n\u2234 Assets = 45,000<\/p>\n

(iii) 50,000 = Liabilities + 2,000
\nLiabilities = 50,000 – 20,000
\n\u2234 Liabilities = 30,000<\/p>\n

\"1st<\/p>\n

Question 10.
\nPrepare a trading a\/c with five imaginary figures. 2008(N), 2010(S), 2012(N)
\nAnswer:
\n\"1st
\nQuestion 11.
\nWrite the specimen of profit and loss account with imaginary figures.
\nAnswer:
\n\"1st<\/p>\n

Question 12.
\nPrepare Balance sheet speciman with imaginary figures. 2010(S)
\nAnswer:
\n\"1st<\/p>\n

Question 13.
\nPrepare a Trial balance with ten imaginary figures. 2008(S)
\nAnswer:
\n\"1st
\n\"1st<\/p>\n

Question 14.
\nPrepare a capital ledger a\/c for the following transaction.
\n01- 07 – 2008 Savith commenced business with cash Rs. 20000 machinery Rs. 10000 and building Rs. 15000.
\n18 – 07 – 2008 She withdraw Rs. 5000
\n20 – 07 – 2008 the netprofit earned rs. 1,000
\nAnswer:
\n\"1st<\/p>\n

Question 15.
\nWrite the specimen of journal and ledger
\nAnswer:
\n\"1st
\n\"1st<\/p>\n

Question 16.
\nWrite the specimen of simple cash book with five imaginary items. 2010(N), 2008, 2010(S)
\nAnswer:
\n\"1st<\/p>\n

Question 17.
\nPrepare a machinery account for two years with imaginary figures under
\n(a) Straight line method
\n(b) Diminishing balance method.
\nAnswer:
\n\"1st<\/p>\n

Question 18.
\nPrepare a statement of affairs with five imaginary figures.
\nAnswer:
\n\"1st<\/p>\n

Question 19.
\nDraw a block diagram of main components of computer.
\nAnswer:
\n\"1st<\/p>\n","protected":false},"excerpt":{"rendered":"

You can Download Practical Oriented Questions Questions and Answers, Notes, 1st PUC Accountancy Question Bank with Answers Karnataka State Board Solutions help you to revise complete Syllabus and score more marks in your examinations. Karnataka 1st PUC Accountancy Question Bank Practical Oriented Questions 1st PUC Practical Oriented Questions Question 1. Mention the accounting equation and …<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[81],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/posts\/9908"}],"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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/comments?post=9908"}],"version-history":[{"count":0,"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/posts\/9908\/revisions"}],"wp:attachment":[{"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/media?parent=9908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/categories?post=9908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kseebsolutions.guru\/wp-json\/wp\/v2\/tags?post=9908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}