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Worksheet On
Accountancy
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Name
of the Student
Class
Roll
No
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Total Marks : 20
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Time : 45
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Tips for your best
answer
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• Proper
explanation for question
• Try
bring Maximum related value points
• Key
words must be highlighted
• Arranging
of related points in order
• Legibility
and neatness in handwriting
• Appropriate
and limited explanation with highlighted value points.
• Use
of suitable examples.
• Develop
the confidence to attempt all
questions
• Try
to manage the time as per instruction.
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Instructions : Read all questions carefully.
Attempt all the
questions
Limit the writing of
answers with in the area provided.
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Q 1
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Explain the term Accounting
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2 Minute
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1 Mark
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Answer
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Obtained Mark
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Q 2
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List out the
objectives of Accounting
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6 Minute
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3 Mark
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Answer
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Obtained Mark
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Q 3
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What is Capital ?
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2 Minute
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1 Mark
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Answer
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Obtained Mark
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Q 4
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Show
diagrammatically classification of Assets with examples
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10 Minute
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5 Mark
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Answer
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Obtained Mark
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Q 5
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Explain the term
liability. List out examples for liability.
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10 Minute
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5 Mark
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Answer
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Obtained Mark
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Q 6
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Differentiate Expenses
and Income with Examples
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10 Minute
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5 Mark
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Answer
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Obtained Mark
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Suggestions & Remarks By the Teacher :
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