If you are preparing for your Class 11 exams, this guide on Class 11 Accounts Important Questions is exactly what you need. Indeed, Accounts is not about learning stories. It is about practice, logic, and clear basics. Most students lose marks not because the paper is hard, but because they prepare the wrong questions.
This blog gives you chapter-wise Class 11 Accounts Important Questions for 2026 exams, written in very simple English. You can read it easily. You can revise fast. And you can score better with confidence.
Also Read: CBSE Accounts Project Class 11th Guide
Why Class 11 Accounts Important Questions Matter So Much
Class 11 Accounts builds the base for Class 12, CA, CMA, CS, and B.Com. If your base is weak now, it becomes hard later.
Moreover, exam papers often repeat similar types of questions every year. The logic stays the same. Only figures change.
By preparing Class 11 Accounts Important Questions, you:
- Understand concepts clearly
- Save revision time
- Avoid panic in exams
- Score easy marks
Chapter 1: Introduction to Accounting – Important Questions
This chapter is theory-based and very scoring.
Very Important Questions
- What is accounting? Explain its objectives.
- Explain the functions of accounting.
- Who are the users of accounting information?
- What are the advantages of accounting?
Short Questions
- Meaning of business transaction
- Meaning of capital and drawings
- Difference between accounting and bookkeeping
Tip: Write answers in points. Use simple words.
Chapter 2: Theory Base of Accounting – Important Questions
This chapter is asked again and again in exams.
Must-Prepare Questions
- Explain accounting principles with examples
- What are accounting assumptions?
- Explain accounting concepts in detail
- Difference between cash basis and accrual basis
Common 3–4 Mark Questions
- Going concern concept
- Consistency concept
- Matching concept
- Prudence concept
Furthermore, examples make answers stronger. Always add one.
Chapter 3: Recording of Transactions – I (Journal)
Journal questions are sure-shot marks.
Class 11 Accounts Important Questions
- What is a journal?
- Explain rules of debit and credit
- Journalise the following transactions
- What is a compound journal entry?
Practical Practice
- 10–15 journal entries daily
- Focus on owner-related transactions
- Practice discount, goods withdrawn, cash transactions
Indeed, once journal is strong, half Accounts becomes easy.
Also Check: Class 11th Maths Syllabus
Chapter 4: Recording of Transactions – II (Ledger & Cash Book)
This chapter is very important for numericals.
Frequently Asked Questions
- What is a ledger?
- Difference between journal and ledger
- Prepare ledger accounts
Cash Book Questions
- Simple cash book
- Cash book with discount
- Three-column cash book
Moreover, presentation matters. Draw neat formats.
Chapter 5: Bank Reconciliation Statement – Important Questions
Students fear this chapter, but it is actually easy.
Must-Do Questions
- What is Bank Reconciliation Statement?
- Reasons for difference between cash book and pass book
- Prepare BRS from cash book balance
- Prepare BRS from pass book balance
Tip: Learn reasons properly. Practice at least 5 sums.
Chapter 6: Trial Balance – Important Questions
Trial Balance tests your accuracy.
Important Exam Questions
- What is trial balance?
- Objectives of trial balance
- Prepare trial balance from given balances
- Errors disclosed and not disclosed by trial balance
Furthermore, do not rush calculations. Accuracy is key.
Chapter 7: Rectification of Errors – Important Questions
This chapter is very scoring if concepts are clear.
Important Questions
- Types of accounting errors
- Rectification before trial balance
- Rectification after trial balance
- Rectification through suspense account
Indeed, suspense account questions come almost every year.
Chapter 8: Depreciation – Important Questions
Depreciation is a favourite chapter of examiners.
Theory Questions
- Meaning and causes of depreciation
- Methods of depreciation
- Difference between straight line and written down value
Numerical Questions
- Calculate depreciation using SLM
- Calculate depreciation using WDV
- Asset disposal questions
Moreover, write full working notes for step marks.
Chapter 9: Provisions and Reserves – Important Questions
This chapter mixes theory and numericals.
Must-Prepare Questions
- Difference between provision and reserve
- Meaning of general reserve
- Treatment of provision for doubtful debts
- Prepare P&L extract and balance sheet
Indeed, format practice is very important here.
Chapter 10: Financial Statements – Important Questions
This is one of the most important chapters.
High-Weightage Questions
- Prepare Trading Account
- Prepare Profit and Loss Account
- Prepare Balance Sheet
- Adjustments related questions
Common Adjustments
- Closing stock
- Outstanding expenses
- Prepaid expenses
- Depreciation
- Bad debts
Furthermore, read the question slowly. Most mistakes happen due to hurry.
Chapter 11: Accounts of Incomplete Records – Important Questions
This chapter needs logical thinking.
Important Questions
- Meaning of incomplete records
- Calculate profit using capital comparison method
- Prepare statement of affairs
Indeed, practice is the only way to master this chapter.
Most Asked Class 11 Accounts Important Questions
If exams are near, focus on these:
- Journal entries
- Cash book
- BRS
- Trial balance
- Rectification of errors
- Depreciation numericals
- Trading, P&L, Balance Sheet
Moreover, revise theory definitions daily.
How to Study Class 11 Accounts Smartly for 2026 Exams
Follow this simple plan:
- Study one chapter daily
- Practice numericals same day
- Revise formulas at night
- Write answers in your own words
- Solve sample papers weekly
Indeed, consistency matters more than long hours.
Frequently Asked Questions(FAQs)
Ques. 1. Is Class 11 Accounts difficult?
Ans. No. It becomes easy with regular practice.
Ques. 2. How many hours should I study Accounts daily?
Ans. 1–2 hours daily is enough if focused.
Ques. 3. Are these Class 11 Accounts Important Questions enough?
Ans. Yes. These cover almost all exam patterns.
Ques. 4. Can I score above 80 with this preparation?
Ans. Absolutely, if you practice sincerely.
Preparing Class 11 Accounts Important Questions is the smartest way to study for 2026 exams. You do not need to study everything blindly. You need the right questions, clear basics, and regular practice. Start today. Revise daily. Practice honestly. Success will follow, naturally.