Check the below NCERT MCQ Questions for Class 11 Accountancy Chapter 11 Accounts from Incomplete Records with Answers Pdf free download. MCQ Questions for Class 11 Accountancy with Answers were prepared based on the latest exam pattern. We have provided Accounts from Incomplete Records Class 11 Accountancy MCQs Questions with Answers to help students understand the concept very well.

## Accounts from Incomplete Records Class 11 MCQs Questions with Answers

Mcq On Accounts From Incomplete Records Question 1.
A system of accounting which is not based on double entry system is called-
(a) Cash system
(b) Mahajani system of accounting
(c) Incomplete accounting system
(d) None of these.

Accounts From Incomplete Records Mcq Question 2.
Accounts which are maintained under single entry system-
(a) Personal accounts
(b) Impersonal accounts
(c) (a) & (b) both
(d) None of these.

Question 3.
Statement of affairs is prepared to-
(c) Calculate capital
(d) Know financial position.

Question 4.
Liabilities and assets amount to Rs. 50,000 and Rs. 78,000 respectively. The difference amount will represent-
(a) Creditors
(b) Debentures
(c) Profit
(d) Capital.

Question 5.
Generally incomplete records are maintained by-
(b) Society
(c) Company
(d) Government.

Fill in the blanks :

1. Single entry system can be adopted by ………………

2. …………… Accounts are maintained under single entry system.

3. Single entry system is not a …………….. system of maintaining accounts.

4. While calculating profit. Drawings will be added to …………….

State True or False:

1. Profit can be determined by preparing statement of affairs in single entry system.

2. Single entry system cannot be converted into double entry system.

3. Excess of assets over liabilities is called capital.

4. Closing capital is deducted from opening capital to calculate profit in single entry system.

Match the following:

 Column A Column B 1. statement of affairs (a) Opening statement of affairs 2. Opening capital (b) capital

 Column A Column B 1. statement of affairs (b) capital 2. Opening capital (a) Opening statement of affairs

Answer in one word / sentence:

1. Which account is prepared to know the credit purchase?

2. What is found out by preparation of opening statement of affairs?

3. Which amount will be credited on accepting new bills?