ICSE Class 11 Accountancy — Important Questions
ICSE Class 11 Accountancy important questions, chapter by chapter — 1805 questions with answers across 28 chapters. Follows the ICSE / ISC syllabus.
How to use this page
Each chapter below has important questions with answers for Class 11 exams. Write your answers out before checking — reading alone doesn't build exam speed.
Chapter-wise Important Questions — 28 Chapters
Which branch of accounting is mainly concerned with ascertaining and controlling the cost of a product?
Shareholders and owners of a business are classified as which type of users of accounting information?
Which of the following transactions will NOT be recorded in the books of accounts?
A business has guaranteed a loan taken by its supplier. The supplier has not yet defaulted. How should this be treated in accounting?
What is the key difference between 'Revenue' and 'Income' in accounting?
Depreciation charged on a fixed asset is best classified as which of the following?
A business pays ₹2,000 as salary to its employee. Which account is debited and which is credited according to the Modern Approach?
When a business purchases furniture for cash, which of the following is the correct impact on the accounting equation?
According to the Modern Approach, 'Bank Overdraft' account shows an increase. On which side will this increase be recorded?
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Where can I find ICSE Class 11 Accountancy Important Questions?
This page has important questions for 28 chapters of ICSE Class 11 Accountancy for the 2026-27 session. Each chapter links to its own page with the full set.
How should I prepare for ICSE Class 11 Accountancy exams?
Go through the syllabus first, then work chapter by chapter: learn the ideas, practise questions, and revise with notes and flashcards. Leave time at the end to revise every chapter once more under timed conditions.
Which chapters of ICSE Class 11 Accountancy should I practise first?
Start with the chapters you find hardest and the ones your teacher flags as high-weightage, then cover the rest. Each chapter page lists its important questions with answers.
Browse Important Questions by Chapter
28 chapters
Introduction to Accounting
Basic Accounting Terms
Accounting Equation
Double Entry System
Accounting Cycle : Journal
Accounting for Goods and Service Tas (GST)
Accounting Cycle : Ledger
Accounting Cycle : Trial Balance
Accounting Cycle : Final Accounts Without Adjustments
Sub-Division of Journal : Cash Book
Sub-Division of Journal : Special Purpose Subsidiary books
Bank Reconciliation Statement
Depreciation
Bills of Exchange
Generally Accepted Accounting Principles (GAAP)
Basis of Accounting
Accounting Standards and IFRS
Capital and Revenue Expenditure/ Income
Provisions and Reserves
Final Accounts with Adjustments
Rectification of Errors
Accounts from Incomplete Records
Accounts of Non- Trading Organization
Computer and Computerised Accounting System
Accounting Information System and Management Information System
Application of Computers in Accounting
Computerised Accounting Softwares
Sample of Accounting Project Work
More Accountancy Resources
ICSE Class 11
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Revision Notes
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Formula Sheet
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Chapter Summary
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Concept Maps
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Study Plan
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Flashcards
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Syllabus
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