150 Accounting Questions for B.Com
with CO Mapping
1. Q1. Define accounting.
CO Mapped: CO1
2. Q2. Explain the objectives of financial accounting.
CO Mapped: CO1
3. Q3. Differentiate between bookkeeping and accounting.
CO Mapped: CO1
4. Q4. Describe the users of accounting information.
CO Mapped: CO1
5. Q5. What are the limitations of financial accounting?
CO Mapped: CO1
6. Q6. What is a journal? Why is it called the book of original entry?
CO Mapped: CO2
7. Q7. Explain the rules of debit and credit.
CO Mapped: CO2
8. Q8. Pass journal entries for the following transactions:
a) Started business with cash ₹50,000
b) Purchased goods worth ₹10,000 on credit
CO Mapped: CO2
9. Q9. What are source documents in accounting?
CO Mapped: CO2
10. Q10. Differentiate between capital and revenue expenditure.
CO Mapped: CO2
11. Q11. Prepare a ledger account from given journal entries.
CO Mapped: CO3
with CO Mapping
1. Q1. Define accounting.
CO Mapped: CO1
2. Q2. Explain the objectives of financial accounting.
CO Mapped: CO1
3. Q3. Differentiate between bookkeeping and accounting.
CO Mapped: CO1
4. Q4. Describe the users of accounting information.
CO Mapped: CO1
5. Q5. What are the limitations of financial accounting?
CO Mapped: CO1
6. Q6. What is a journal? Why is it called the book of original entry?
CO Mapped: CO2
7. Q7. Explain the rules of debit and credit.
CO Mapped: CO2
8. Q8. Pass journal entries for the following transactions:
a) Started business with cash ₹50,000
b) Purchased goods worth ₹10,000 on credit
CO Mapped: CO2
9. Q9. What are source documents in accounting?
CO Mapped: CO2
10. Q10. Differentiate between capital and revenue expenditure.
CO Mapped: CO2
11. Q11. Prepare a ledger account from given journal entries.
CO Mapped: CO3
