Chapter 4 Animal Kingdom
Chapter 4 Animal Kingdom Question 1. What are the difficulties that you would face in the classification of animals if common fundamental features are not taken into account? Solution: There are millions of living organisms with a vast variety of shapes, sizes,s, and forms. They occur in a variety of habitats. It is difficult to […]
Chapter 3 Plant Kingdom
Chapter 3 Plant Kingdom Question 1. What is the basis of the classification of algae? Solution: Classification of Algae: The algae are divided into three main classes: Chlorophyceae, Phaeophyceae, and Rhodophyceae. Chlorophyceae: The members of Chlorophyceae are commonly called green algae. Phaeophyceae: The members of Phaeophyceae or brown algae, are found primarily in marine habitats. […]
Chapter 2 Biological Classification
Chapter 2 Biological Classification Question 1. Discuss how classification systems have undergone several changes over a period of time? Solution: The classification was born instinctively out of a need to all organisms for our own use since the dawn of civilization. Aristotle was the earliest to attempt a more scientific basis for classification. He used […]
Chapter 1 The Living World
Chapter 1 The Living World Question 1. Why are living organisms classified? Solution: Classification of living organisms grouped them in special categories, which is based on observable characters. It makes their study easy and convenient. For example, Mammals are those who possess mammary glands, the hair on the body, external pinnae, etc. Question 2. Why […]
Chapter 8 Bills of Exchange
Chapter 8 Bills of Exchange Short Answer Type Questions Question1. Name any two types of commonly used negotiable instruments. Solution: Cheques and Bills of exchange are the commonly used negotiable instruments. Question 2. Write two points of distinction between bills of exchange and promissory note. Solution: Question 3. State any four essential features of bill […]
Chapter 7 Depreciation, Provisions and Reserves
Chapter 7 Depreciation, Provisions and Reserves Short Answer Type Questions Question 1. What is ‘Depreciation’? Solution: Depreciation means fall in book value of depreciable fixed asset because of wear and tear of the asset passage/efflux of time obsolescence accident A machinery costing ₹ 1,00,000 and its useful life is 10 years; so, depreciation is calculated […]
Chapter 6 Trial Balance and Rectification of Errors
Chapter 6 Trial Balance and Rectification of Errors Short Answer Type Questions Question 1. State the meaning of a Trial Balance.Solution: Trial balance is a statement prepared to check the arithmetical accuracy of transactions recorded in the journal, posted into the ledger and balanced in the ledger accounts. The balance of ledger accounts shows the difference between […]
Chapter 5 Bank Reconciliation Statement
Chapter 5 Bank Reconciliation Statement Short Answer Type Questions Question 1. State the need for the preparation of bank reconciliation statement? Solution: The need and importance of the bank reconciliation statement are as follows: It ensures accuracy of the balances and records shown by the pass book and cash book. It detects the errors which […]
Chapter 4 Recording of Transactions-II
Chapter 4 Recording of Transactions-II Short Answer Type Questions Question 1. Briefly state how the cash book is both journal and a ledger? Answer : Transactions are recorded directly from source documents in the Cash Book, so there is no need to record transactions in the Journal book. Further, on the basis of the cash transactions […]
Chapter 3 Recording of Transactions-I
Chapter 3 Recording of Transactions-I Short Answer Type Questions Question 1. State the three fundamental steps in the accounting process. Answer : The fundamental steps in the accounting process are diagrammatically presented below. Question 2. Why is the evidence provided by source documents important to accounting? Answer : The evidence provided by the source document is important […]