Vidaara.orgClass 11 · Mathematics
CodeVID-M11-WS
Ledger — Practice Worksheet
Name: ____________________
Roll No.: __________
Date: ____________
General Instructions
- All questions are compulsory.
- Choose the correct option (A, B, C or D) for each question.
- The answer key is at the end — try the paper first!
Section A — Multiple Choice (1 mark each)
15 × 1 = 15 marks
1.
The ledger is the book of:
- A.Original entry
- B.Final entry
- C.Prime entry
- D.Cash only
2.
An individual account in the ledger is shaped like the letter:
- A.L
- B.T
- C.V
- D.X
3.
Transferring entries from journal to ledger is called:
- A.Casting
- B.Posting
- C.Balancing
- D.Journalising
4.
The account debited in the journal is posted on the ____ side of its ledger account.
- A.Credit
- B.Debit
- C.Either
- D.Neither
5.
Entries on the credit side of a ledger account begin with:
- A.To
- B.By
- C.For
- D.Of
6.
Finding the difference between the two sides of an account is called:
- A.Posting
- B.Balancing
- C.Journalising
- D.Narration
7.
Balance c/d is written on the:
- A.Bigger side
- B.Shorter (smaller-total) side
- C.Both sides
- D.No side
8.
A cash account normally has a:
- A.Credit balance
- B.Debit balance
- C.Nil balance
- D.Negative balance
9.
A creditor's account normally has a:
- A.Debit balance
- B.Credit balance
- C.Nil balance
- D.No balance
10.
Assets and expenses normally have ____ balances.
- A.Credit
- B.Debit
- C.Nil
- D.Mixed
11.
Nominal accounts (expenses/incomes) are usually:
- A.Balanced
- B.Closed to Trading/P&L
- C.Ignored
- D.Carried forever
12.
The opening balance of the next period is shown as:
- A.Balance c/d
- B.Balance b/d
- C.Total
- D.Nil
13.
The correct order of book-keeping steps is:
- A.Post → journalise → balance
- B.Journalise → post → balance
- C.Balance → post → journalise
- D.Journalise → balance → post
14.
Cash A/c: Dr total 60,000, Cr postings 40,000. The balance is:
- A.Rs 20,000 debit
- B.Rs 20,000 credit
- C.Rs 1,00,000
- D.Nil
15.
Ledger balances are summarised to check agreement in the:
- A.Journal
- B.Trial balance
- C.Voucher
- D.Pay-in slip
Section B — Challenge / Olympiad (2 marks each)
10 × 2 = 20 marks
16.
For the entry 'Ram A/c Dr / To Sales A/c', how is the Sales account posted?
- A.Credit side: 'By Ram A/c'
- B.Debit side: 'To Ram A/c'
- C.Credit side: 'By Sales A/c'
- D.Debit side: 'To Sales A/c'
17.
A debtor's account shows Dr 12,000 and Cr 12,000. Its balance is:
- A.Nil — the debtor has fully paid
- B.Rs 12,000 debit
- C.Rs 24,000
- D.Rs 12,000 credit
18.
Why is the Rent account NOT balanced at year-end but the Cash account is?
- A.Rent is a nominal account, closed to P&L; Cash is real, carried forward
- B.Rent has no entries
- C.Cash is nominal
- D.Both are closed
19.
An account's debit side totals 75,000 and credit side 90,000. The Balance c/d and its position are:
- A.15,000 on the debit side (a credit balance)
- B.15,000 on the credit side (a debit balance)
- C.1,65,000 on the debit side
- D.No balance
20.
A capital account always tends to show a credit balance because capital is:
- A.The firm's liability to the owner
- B.An asset
- C.An expense
- D.Drawings
21.
If the cash payments in a period exceed the cash receipts plus opening cash, it suggests:
- A.An error — cash cannot have a credit balance
- B.A normal credit balance
- C.High profit
- D.Nothing unusual
22.
Posting the entry 'Drawings A/c Dr / To Cash A/c' affects the ledger as:
- A.Drawings debit side 'To Cash'; Cash credit side 'By Drawings'
- B.Cash debit side 'To Drawings'
- C.Drawings credit side 'By Cash'
- D.No posting needed
23.
Why is the ledger more useful than the journal for answering 'how much does Ram owe?'
- A.It gathers all of Ram's entries in one account and shows his balance
- B.It is written in ink
- C.It is shorter
- D.It ignores Ram
24.
After balancing, an account shows 'To Balance b/d 8,000' on the debit side. This means the account has:
- A.An opening debit balance of 8,000
- B.A credit balance of 8,000
- C.No balance
- D.Been closed
25.
A trial balance is prepared AFTER:
- A.All accounts are posted and balanced
- B.Only the journal is written
- C.The balance sheet
- D.The bank statement arrives
Answer Key
Section A — Multiple Choice (1 mark each)
- (B) Final entry
- (B) T
- (B) Posting
- (B) Debit
- (B) By
- (B) Balancing
- (B) Shorter (smaller-total) side
- (B) Debit balance
- (B) Credit balance
- (B) Debit
- (B) Closed to Trading/P&L
- (B) Balance b/d
- (B) Journalise → post → balance
- (A) Rs 20,000 debit
- (B) Trial balance
Section B — Challenge / Olympiad (2 marks each)
- (A) Credit side: 'By Ram A/c'
- (A) Nil — the debtor has fully paid
- (A) Rent is a nominal account, closed to P&L; Cash is real, carried forward
- (A) 15,000 on the debit side (a credit balance)
- (A) The firm's liability to the owner
- (A) An error — cash cannot have a credit balance
- (A) Drawings debit side 'To Cash'; Cash credit side 'By Drawings'
- (A) It gathers all of Ram's entries in one account and shows his balance
- (A) An opening debit balance of 8,000
- (A) All accounts are posted and balanced
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