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NCERT Exemplar Class 11 Accountancy Chapter 5 MCQ

NCERT Exemplar Class 11 Accountancy Chapter 5 MCQ MCQ questions with answers are essential practice material for CBSE students preparing for the 2026-27 academic session. These multiple choice questions are taken from the NCERT Exemplar book and cover all important concepts from Chapter 5 of Class 11 Accountancy. Practising these MCQs helps students test their understanding, identify weak areas, and improve their exam performance.

Each question below includes the correct answer. Students are advised to attempt the questions first before checking the solutions. These Exemplar MCQs are aligned with the latest CBSE syllabus and are frequently asked in board examinations and competitive entrance tests.

NCERT Exemplar Class 11 Accountancy Chapter 5 MCQ : Prepare for your exams with our comprehensive Accountancy MCQ quiz. These questions cover key concepts including Accounting Equation, Financial Statements, Accounting Principles, Depreciation, and Ledger directly aligned with the NCERT Exemplar guidelines. Use this practice test to verify your understanding of Accountancy and Financial Transactions.

NCERT Exemplar Class 11 Accountancy Chapter 5 MCQ

Attempt Class 11 Accountancy Chapter 5 MCQ quiz with Free NCERT Quiz, Free Exemplar MCQ with answers and Ncert Exemplar MCQ. Practice this free online MCQ quiz aligned with NCERT guidelines.

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Farkhanda Jabeen Ltd. receives a check for Rs. 100 records it in cash book and deposits it on the same day. A statement sent by the bank that day does not show this Rs. 100. How is this shown on the bank reconciliation statement?
A bank reconciliation statement is prepared by?
Which of the following items is not a reason for difference between bank balance as per cash book and pass book?
Credit balance in bank pass book means?
A check that bears a date latter than date of issue is called?
The main function of a commercial bank is to?
When a cheque is returned by the bank showing some technical reason is known as?
The outstanding check is the missing entry of?
Directly collections of bank are to be ___________ in cash book?
The cheque which is issued to creditor but is not presented for payment is called?
A Bank Reconciliation Statement is:
A pass book is a copy of
A bank reconciliation statement is prepared with the balance of:
Unfavourable bank balances means:
The main purpose of preparing a bank reconciliation statement is?
In cash book, the favourable balance indicates
On the bank statement, cash deposited by the company is known as
Bank reconciliation statement compares a bank statement with _________
What Is “Deposit in transit” in bank reconciliation?
‘NSF’ marked in cheque sent back by the bank indicates

NCERT Exemplar PDF Free Download (class 6 to 10)

ClassSubjectTotal QuestionsTotal UnitsLink
Class VIMathematics31925View →
Class VIIMathematics60019View →
Class VIIIMathematics74031View →
Class IXMathematics1,63833View →
Class XMathematics1,94434View →
Class XIMathematics85738View →
Class XIIMathematics78856View →

Frequently Asked Questions

How many MCQ questions are in NCERT Exemplar Class 11 Accountancy Chapter 5?

The NCERT Exemplar for Class 11 Accountancy Chapter 5 contains multiple MCQ questions covering all important concepts. All questions with correct answers are available on this page for free practice.

Are NCERT Exemplar Class 11 Accountancy Chapter 5 MCQs important for board exams?

Yes, NCERT Exemplar MCQs are very important for CBSE board exams 2026-27. Many board exam questions are directly based on or similar to Exemplar questions. Regular practice improves accuracy and speed.

How should I prepare using these Class 11 Accountancy Chapter 5 MCQs?

First read the NCERT textbook chapter thoroughly, then attempt these MCQs without looking at the answers. Check your answers, revise weak topics, and re-attempt incorrect questions after a few days.

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