12th Standard Syllabus & Materials
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TN 12th Computer Applications மின் - வணிகம் Sample Question Papers Study Material - QB365 Set A
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TN 12th Computer Applications திறந்த மூல கருத்துருக்கள் Sample Question Papers Study Material - QB365 Set A
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Published on: 06/11/2020
12th Standard Accounts English Medium Free Online Test Creative One Mark Questions with Answer Key
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.
Debt Equity Ratio is 3:1, the amount of total assets Rs.20 lacks, current ratio is 1.5:1 and owned funds Rs.3 lacks. What is the amount of current asset?
Rs.5 lacks
Rs.3 lacks
Rs.12 lacks
Rs.2 lacks
2.
Match List I with List II and Select the Correct Answer using the Codes given below.
| List I | List II | ||
| (i) | Profitability ratio | 1. | Debtors turnover ratio |
| (ii) | Liquidity ratio | 2. | Debt -Equity ratio |
| (iii) | Solvency ratio | 3. | Operating profit ratio |
| (iv) | Activity ratio | 4. | Current ratio |
| (i) | (ii) | (iii) | (iv) |
| 4 | 3 | 1 | 2 |
| (i) | (ii) | (iii) | (iv) |
| 3 | 4 | 2 | 1 |
| (i) | (ii) | (iii) | (iv) |
| 3 | 4 | 1 | 2 |
| (i) | (ii) | (iii) | (iv) |
| 2 | 3 | 4 | 1 |
3.
Which of the following are techniques, tools or methods of analysis and interpretation of financial statements?
Ratio analysis
Average analysis
Trend analysis
An of the above
4.
Paid up capital is that part of called up capital which has been actually paid by the ____________
shareholders
members
cardholders
directors
5.
Amount invested by partners in the partnership business is called __________
Owner's capital
Partner's capital
Profit and loss appropriation
None of these
6.
The revaluation profit or loss is transferred to the old partner's capital accounts, in their __________
Old ratio
New ratio
Sacrifice ratio
Gain ratio
7.
Credit purchase is obtained from _______
Bills receivable account
Bills payable account
Total debtors account
Total creditors account
8.
Self- generated goodwill should not be shown in the ______________
journal
ledger
balance sheet
books of accounts
9.
At the time of retirement of a partner, calculation of new profit ratio is __________
Compulsory
Optional
Necessary
Not necessary
10.
Income and Expenditure accounts show
cash available to an organization
dosing capital of an organization
cash available in the bank account
surplus or deficit for the current accounting period.
1.
(c)
Rs.12 lacks
2.
(b)
| (i) | (ii) | (iii) | (iv) |
| 3 | 4 | 2 | 1 |
3.
(d)
An of the above
4.
(a)
shareholders
5.
(b)
Partner's capital
6.
(a)
Old ratio
7.
(d)
Total creditors account
8.
(d)
books of accounts
9.
(c)
Necessary
10.
(d)
surplus or deficit for the current accounting period.
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Tamilnadu Stateboard 12th Standard Subjects
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