12th Standard Syllabus & Materials
12th Standard
TN 12th English Poem - 6 - Incident of the French Camp Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th English Prose - 6 - On the Rule of the Road Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th English Prose - 5 - The Chair Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th English Supplementary - 4 - The Midnight Visitor Sample Question Papers Study Material - QB365 Set A
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TN 12th English Poem - 4 - Ulysses Sample Question Papers Study Material - QB365 Set A
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TN 12th English Prose - 4 - The Summit Sample Question Papers Study Material - QB365 Set A
Published on: 06/11/2020
12th Standard Accounts English Medium Free Online Test Creative 1 Mark Questions - Part Three
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.
Liquidity ratios are also called as _____________
Current ratio
Quick ratio
Profitability ratio
Short term solvency ratios
2.
_____ represents that part of authorised capital which is offered for subscription.
Authorised capital
Issued capital
Subscribed capital
Called up capital
3.
The term fund refers to __________
Working capital
Opening capital
Closing capital
None of these
4.
The liability of the shareholders of the company is limited to the extent of face value of the shares held by the ___________
shareholders
cardholders
debenture holders
none of these
5.
Capital account will always show credit balance under ________ method.
Partner's current account
Partner's capital account
Both 'a' and 'b'
None of these
6.
________ ratio is the proportion of the profit which is sacrificed or foregone by the old partners in favour of the new partner.
Old
New
Sacrifice
Agreed
7.
| List I | List II | ||
|---|---|---|---|
| (i) | Profit and | 1. | Workmen compensation fund |
| (ii) | Reserve | 2. | Current value differ from book value |
| (iii) | Revaluation | 3. | Agreed proportion |
| (iv) | New profit sharing ratio | 4. | Accumulated profits |
| (i) | (ii) | (iii) | (iv) |
| 1 | 2 | 3 | 4 |
| (i) | (ii) | (iii) | (iv) |
|---|---|---|---|
| 2 | 3 | 4 | 1 |
| (i) | (ii) | (iii) | (iv) |
|---|---|---|---|
| 3 | 4 | 1 | 2 |
| (i) | (ii) | (iii) | (iv) |
|---|---|---|---|
| 4 | 1 | 2 | 3 |
8.
Closing capital can be found by preparing a statement affairs at the _____ of the year.
opening
end
centre
none of these
9.
________ is the good name or reputation of the business which brings benefit to the business
Goodwill
Fixed asset
Current asset
None of these
10.
Which of the following is generally considered as a non profit organisation?
Charitable organisation
Corporation
Audit firms
Insurance companies
1.
(d)
Short term solvency ratios
2.
(b)
Issued capital
3.
(a)
Working capital
4.
(a)
shareholders
5.
(b)
Partner's capital account
6.
(c)
Sacrifice
7.
(d)
| (i) | (ii) | (iii) | (iv) |
|---|---|---|---|
| 4 | 1 | 2 | 3 |
8.
(b)
end
9.
(a)
Goodwill
10.
(a)
Charitable organisation
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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
