12th Standard Syllabus & Materials

12th Standard

TN 12th Computer Applications மின்னணு தரவு பரிமாற்றம் Sample Question Papers Study Material - QB365 Set A

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12th Standard

TN 12th Computer Applications மின் - வணிக பாதுகாப்பு அமைப்புகள் Sample Question Papers Study Material - QB365 Set A

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12th Standard

TN 12th Computer Applications மின்னணு செலுத்தல் முறைகள் Sample Question Papers Study Material - QB365 Set A

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12th Standard

TN 12th Computer Applications மின் - வணிகம் Sample Question Papers Study Material - QB365 Set A

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12th Standard

TN 12th Computer Applications திறந்த மூல கருத்துருக்கள் Sample Question Papers Study Material - QB365 Set A

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12th Standard

TN 12th Computer Applications வலையமைப்பு வடமிடல் Sample Question Papers Study Material - QB365 Set A

12th Standard Accounts English Medium Free Online Test Book Back One Mark Questions - Part Three

Published on: 06/11/2020

Download Tamil Nadu 12th Standard Accountancy question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.

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Std: 12th Standard - Accountancy

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Questions:

Multiple Choice Question

10 x 1 = 10

At the time of admission, the goodwill brought by the new partner may be credited to the capital accounts of

(a)

all the partners

(b)

the old partners

(c)

the new partner

(d)

the sacrificing partne

At the time of retirement of a partner, determination of gaining ratio is required

(a)

To transfer revaluation profit or loss

(b)

To distribute accumulated profits and losses

(c)

To adjust goodwill

(d)

None of these

Which of the following is not a tool of financial statement analysis?

(a)

Trend analysis

(b)

Common size statement

(c)

Comparative statement

(d)

Standard costing

The amount received over and above the par value is credited to

(a)

Securities premium account

(b)

Calls in advance account

(c)

Share capital account

(d)

Forfeited shares account

Match List I with List II and select the correct answer using the codes given below:
List IList II (i) Current ratio 1. Liquidity (ii) Net profit ratio 2. Efficiency (iii) Debt-equity ratio 3. Long term solvency (iv) Inventory turnover ratio 4. Profitability

(a)

(i) (ii) (iii) (iv) 1 4 3 2

(b)

(i) (ii) (iii) (iv) 3 2 4 1

(c)

(i) (ii) (iii) (iv) 4 3 2 1

(d)

(i) (ii) (iii) (iv) 1 2 3 4

Contra voucher is used for

(a)

Master entry

(b)

Withdrawal of cash from bank for office use

(c)

Reports

(d)

Credit purchase of assets

Identify the incorrect pair

(a)

Goodwill under Average profit method - Average profit × Number of years of purchase

(b)

Goodwill under Super profit method - Super profit × Number of years of purchase

(c)

Goodwill under Annuity method - Average profit × Present value annuity factor

(d)

Goodwill under Weighted average profit method - Weighted average profit × Number of years of purchase

When fixed capital method is adopted by a partnership firm, which of the following items will appear in capital account?

(a)

Additional capital introduced

(b)

Interest on capital

(c)

Interest on drawings

(d)

Share of profit

Income and Expenditure Account is prepared to find out

(a)

Profit or loss

(b)

Cash and bank balance

(c)

Surplus or deficit

(d)

Financial position

10.

Which of the following items relating to bills payable is transferred to total creditors account?

(a)

Opening balance of bills payable

(b)

Closing balance of bills payable

(c)

Bills payable accepted during the year

(d)

Cash paid for bills payable

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Answers Key:

Multiple Choice Question

10 x 1 = 10

(d)
the sacrificing partne

(d)
Standard costing

(a)
Securities premium account

(a)
(i) (ii) (iii) (iv) 1 4 3 2

(b)
Withdrawal of cash from bank for office use

(a)
Additional capital introduced

10.

12th Standard Syllabus & Materials

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12th Standard

TN 12th Computer Applications களப்பெயர் முறைமை (DNS) Sample Question Papers Study Material - QB365 Set A

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12th Standard

TN 12th Computer Applications வலையமைப்பு எடுத்துக்காட்டுகள் மற்றும் நெறிமுறைகள் Sample Question Papers Study Material - QB365 Set A

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12th Standard

TN 12th Computer Applications கணினி வலையமைப்பு ஓர் அறிமுகம் Sample Question Papers Study Material - QB365 Set A

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12th Standard

TN 12th Computer Applications PHP-உடன் MySQL-ஐ இணைத்தல் Sample Question Papers Study Material - QB365 Set A

NEW MCQ Practice Test - Tamilnadu Stateboard Class 12

Accountancy Tamilnadu Stateboard Class 12 MCQ Practice Test

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Accountancy Tamilnadu Stateboard Class 12 MCQ Practice Tests

Tamilnadu Stateboard Class 12 MCQ Practice Test

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Tamilnadu Stateboard Class 12 MCQ Practice Tests

12th Standard Study Materials

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Tamilnadu Stateboard Standards

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