Skip to main content
Super TutorResources
Chapter 23 of 28
QuestionsNotesFlashcardsSummaryFormulasQuizConceptsSyllabusPlan
Important Questions

Accounts of Non- Trading Organization

ICSE · Class 11 · Accountancy

Most important questions from Accounts of Non- Trading Organization for ICSE Class 11 Accountancy board exam 2026. MCQs, short answer, and long answer questions with marks.

51 questions40 flashcards5 concepts

Interactive on Super Tutor

Studying Accounts of Non- Trading Organization? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for important questions and more.

Try Super Tutor — Free

1,000+ Class 11 students started this chapter today

51 Questions·
multiple choicemultiple correcttrue false

Sample Questions

1multiple choice
3 marks

A club had opening outstanding salary of ₹1,000 and closing outstanding salary of ₹2,000. Salary paid during the year was ₹5,000. What salary expense is shown in Income and Expenditure Account?

Show answer

₹6,000

Salary expense = paid - opening outstanding + closing outstanding = 5,000 - 1,000 + 2,000 = ₹6,000.

2multiple choice
3 marks

A club purchased furniture for ₹20,000 and used it for 6 months. Depreciation is 8% per year. What is the depreciation for the year?

Show answer

₹800

Depreciation = 8% on ₹20,000 for 6 months = 20,000 × 8/100 × 6/12 = ₹800.

3multiple choice
2 marks

Receipts and Payments Account records opening and closing cash balances, but Income and Expenditure Account does not. Which statement is correct about this difference?

Show answer

Only Receipts and Payments Account shows cash balances.

Receipts and Payments Account starts with opening cash and bank balances and ends with closing cash and bank balances. Income and Expenditure Account shows surplus or deficit, not cash balances.

4multiple choice
1 marks

Which account is a nominal account prepared on accrual basis for a non-trading organization?

Show answer

Income and Expenditure Account

Income and Expenditure Account is prepared on accrual basis and is treated as a nominal account.

+47 more questions available

Practice All

Frequently Asked Questions

What are the important topics in Accounts of Non- Trading Organization for ICSE Class 11 Accountancy?
Accounts of Non- Trading Organization covers several key topics that are frequently asked in ICSE Class 11 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Accounts of Non- Trading Organization — ICSE Class 11 Accountancy?
Understand the core concepts first, then work through the 51 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.
How many important questions are there in Accounts of Non- Trading Organization?
There are 51 practice questions available for Accounts of Non- Trading Organization. These cover multiple question types including MCQs, short answer, and long answer questions.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for Accounts of Non- Trading Organization

All 28 chapters — ICSE Class 11 Accountancy Important Questions

For serious students

Get the full Accounts of Non- Trading Organization chapter — for free.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan for ICSE Class 11 Accountancy.

Try Super Tutor Free
Try the full chapter — Free