by DeepWebLabs
PSEB-XII SERIES
Accountancy

Basics Of Accounting

26 previous year questions.

Volume: 26 Ques
Yield: High

High-Yield Trend

26
2025

Chapter Questions
26 MCQs

01
PYQ 2025
medium
accountancy ID: pseb-xii
Write any four advantages of preparing charts.
02
PYQ 2025
medium
accountancy ID: pseb-xii

Prepare Cash Account in Tally from the following transactions: 

03
PYQ 2025
medium
accountancy ID: pseb-xii
Write the code name (Sequential, Mnemonic, Block) of the following: (a) Code Name of Accounts
04
PYQ 2025
medium
accountancy ID: pseb-xii

Complete the table by writing formulas in Row 6 and Column E. 

05
PYQ 2025
medium
accountancy ID: pseb-xii

Complete the following table: 

06
PYQ 2025
medium
accountancy ID: pseb-xii
Write any four advantages of computerized accounting system.
07
PYQ 2025
medium
accountancy ID: pseb-xii
What do you mean by Data Audit?
08
PYQ 2025
medium
accountancy ID: pseb-xii
Write the steps to delete a company in Tally.
09
PYQ 2025
medium
accountancy ID: pseb-xii
Write any one security feature of computerized accounting software.
10
PYQ 2025
medium
accountancy ID: pseb-xii
What do you mean by spreadsheet?
11
PYQ 2025
medium
accountancy ID: pseb-xii
Write the name of any three types of accounting software.
12
PYQ 2025
medium
accountancy ID: pseb-xii
Which chart is also known as scatter chart?
1
XY
2
YZ
3
ZX
4
None of these
13
PYQ 2025
medium
accountancy ID: pseb-xii
PMT Method is used to prepare ________ (Payroll statement/Loan repayment statement)
14
PYQ 2025
medium
accountancy ID: pseb-xii
Command of __________ in Tally is used to delete a voucher. (Alt+D/Alt+C)
15
PYQ 2025
medium
accountancy ID: pseb-xii
One or more cells selected is called:
1
Range
2
Text
3
Label
4
Formula
16
PYQ 2025
medium
accountancy ID: pseb-xii
__________ is not a feature of computer. (Accuracy/Intelligence)
17
PYQ 2025
medium
accountancy ID: pseb-xii
Give any two differences between Calls in Arrears and Calls in Advance.
18
PYQ 2025
medium
accountancy ID: pseb-xii
What is Capital Reserve?
19
PYQ 2025
medium
accountancy ID: pseb-xii
Horizontal analysis is also known as __________ analysis. (static/dynamic)
20
PYQ 2025
medium
accountancy ID: pseb-xii
Write any two differences between Fixed Capital Accounts and Fluctuating Capital Accounts.
21
PYQ 2025
medium
accountancy ID: pseb-xii
Why are Reserves and Surplus distributed at the time of reconstitution of the firm?
22
PYQ 2025
medium
accountancy ID: pseb-xii
How can a partner retire from the firm?
23
PYQ 2025
medium
accountancy ID: pseb-xii
What is Realisation Account?
24
PYQ 2025
medium
accountancy ID: pseb-xii
Mohan withdrew ₹4,000 at the beginning of each quarter. Calculate interest on drawings at the rate of 6% p.a.
25
PYQ 2025
medium
accountancy ID: pseb-xii
Revaluation Account is __________ account. (real/nominal)
26
PYQ 2025
medium
accountancy ID: pseb-xii
An increase in the value of assets is recorded on which side of the Revaluation Account?
1
Credit side
2
Debit side
3
Not recorded
4
None of these

About Basics Of Accounting - PSEB-XII

Basics Of Accounting is a vital chapter for PSEB-XII aspirants. Mastering the concepts covered in this chapter is essential for securing a top rank.

By rigorously practicing the previous year questions associated with this chapter, you can identify high-yield topics, understand the examiner's perspective, and boost your confidence during the actual exam.

Frequently Asked Questions

Why focus on Basics Of Accounting PYQs?

Analyzing PYQs for this specific chapter reveals the most frequently tested concepts and the typical complexity of questions, allowing you to tailor your study plan efficiently.

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