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TN 12th Standard Biology Zoology - Reproduction in Organisms Creative Questions Study Material - QB365 Set B
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Published on: 06/11/2020
12th Standard Accounts English Medium Free Online Test Creative 1 Mark Questions - Part Five
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.
Questions + Answers key
Take MCQ Accountancy Test
1.
At the time of dissolution all the assets of firm are transferred to the realization A/c _________
Market Value
Book Value
Cost Value
Bale Value
2.
Following are the limitations of incomplete records except _________________
Lack of proper maintenance of records
Difficulty in preparing trial balance
Difficulty in ascertaining true profitability of the business
Suitability
3.
In partnership accounting, capital accounts are prepared under following method __________
Fluctuating
Fixed
Both (a) & (b)
None of these
4.
Equity shares may be issued for cash at ___________
premium
discount
dividend
none of these
5.
In the event of admission of a new partner, legally there is ______ of old partnership.
dissolution
indeed
both
none of these
6.
The maximum number of partners in a partnership firm is ________
25
10
30
50
7.
In admission undistributed profit or loss is transferred to _________
New partner's capital A/c only
Old partner's capital A/c only
All the partner's capital accounts
None of these
8.
Debtors on 1.4.2018 was Rs. 1,00,000 and on 31.3.2019 was Rs. 80,000 cash received from debtors during the year is Rs. 1,60,000. Then the credit sales during the year is ___________
Rs. 3,40,000
Rs. 2,40,000
Rs. 1,40,000
Rs. 1,60,000
9.
Goodwill is _________.
an intangible asset
a fixed asset
realisable
all of the above
10.
The total capitalised value of the business is calculated by capitalising the average profits on the basis of __________
average profit
normal rate of return
actual capital employed
none of these
1.
(b)
Book Value
2.
(d)
Suitability
3.
(c)
Both (a) & (b)
4.
(a)
premium
5.
(a)
dissolution
6.
(d)
50
7.
(b)
Old partner's capital A/c only
8.
(c)
Rs. 1,40,000
9.
(d)
all of the above
10.
(b)
normal rate of return
12th Standard Syllabus & Materials
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Tamilnadu Stateboard 12th Standard Subjects
Maths
Chemistry
Physics
Biology
Computer Science
Business Maths and Statistics
Economics
Commerce
Accountancy
History
Computer Applications
Biology
Computer Technology
Computer Applications
Computer Science
Business Maths and Statistics
Commerce
Economics
Maths
Chemistry
Physics
Computer Technology
History
Accountancy
Tamil
English
French
Tamilnadu Stateboard Standards
