CBSE Class 11 Financial Statements II Quiz

A free CBSE Class 11 Financial Statements II quiz. Play without signing up; sign in to save your score.

CBSE Class 11 classAccountancy subjectFree quiz

CBSE Class 11 Accountancy extends statements with year-end adjustments. Students adjust for closing stock, outstanding and prepaid expenses, accrued income, depreciation, doubtful debts and manager commission, then carry each item to both the profit statement and the balance sheet.

The CBSE Class 11 Financial Statements II quiz is free to play without signing up. Sign in to save scores. Classic has a timer; Trivi gives three hearts; Learn is untimed with no score.

What you practice

These are the CBSE Class 11 Financial Statements II skills this quiz is built around.

Apply adjustments for outstanding, prepaid, accrued and unearned items.
Provide for depreciation, discounts and doubtful debts in both statements.
Prepare a balance sheet grouping assets and liabilities by permanence and order.

A useful tip

Every adjustment affects two places: the profit calculation and an asset or liability. If an item appears in only one statement, the double effect is still incomplete.

Frequently asked questions

What does CBSE Class 11 Financial Statements II practice?

Practice includes: Apply adjustments for outstanding, prepaid, accrued and unearned items; Provide for depreciation, discounts and doubtful debts in both statements; Prepare a balance sheet grouping assets and liabilities by permanence and order.

Is the CBSE Class 11 Financial Statements II quiz free?

Yes. This quiz is free to play without signing up. Sign in to save your scores and progress.

What game modes can I use?

Classic has a timer; Trivi gives three hearts; Learn is untimed with no score.