Question

I PUC Preparatory Exam as
Time: 3.15 Hours
ACCOUNTANCY - 30
Section - A
Answer any Seven of the following questions. Each question two
1. State any two branches of Accounting.
2. What are assets?
3. Give the meaning of Accounting concepts.
4. Define Journal.
5. Write any two features of subsidiary books.
6. What is trial balance?
7. State any two parties involved in a bill of exchange.
8. What is profit and loss Account?
9. Write the meaning of Accounts from incomplete records.
10. Give the meaning of Computer.
Section - B
Answer any four of the following questions. Each question ca
71 Briefly explain any five accounting concepts.​

Answer 1

Answer:

Account help in banking