12th Standard Syllabus & Materials
12th Standard
TN 12th Computer Applications மின்னணு தரவு பரிமாற்றம் Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications மின் - வணிக பாதுகாப்பு அமைப்புகள் Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications மின்னணு செலுத்தல் முறைகள் Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications மின் - வணிகம் Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications திறந்த மூல கருத்துருக்கள் Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications வலையமைப்பு வடமிடல் Sample Question Papers Study Material - QB365 Set A

Published on: 06/11/2020
12th Standard Accounts Goodwill In Partnership Accounts English Medium Free Online Test One Mark Questions 2020 - 2021
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.
While calculating capital employed _________.
Tangible trading assets should be considered
Intangible assets should be considered
Fictitious assets should be considered
None of the above
2.
__________ method, goodwill is calculated as certain years of purchase of average profits of the past few years.
Simple average method
Average profit method
Super profit method
Annuity method
3.
Rate of interest is 11% and the rate of risk is 9% The normal rate of return is __________
11%
9%
20%
2%
4.
Normal profit is ___________
average profit earned
profit earned by similar companies in the same industry
both 'a' and 'b'
none of the above
5.
Which of the following method, goodwill is calculated by multiplying the weighted average profit?
Super profit method
Annuity
Weighted average profit method
All of these
6.
The profit earning capacity of the firm determines the value of its _____________
balance sheet
goodwill
profit and loss account
all of these
7.
The monetary value of such advantage is termed as ____________
Goodwill
Bank overdraft
Capital
Cash
8.
Book profit of 2017 is Rs. 35,000; non-recurring income included in the profit is Rs. 1,000 and abnormal loss charged in the year 2017 was Rs. 2,000, then the adjusted profit is __________
Rs. 36,000
Rs. 35,000
Rs. 38,000
Rs. 34,000
9.
10.
Which of the following statements is true?
Goodwill is an intangible asset
Goodwill is a current asset
Goodwill is a fictitious asset
Goodwill cannot be acquired
1.
(a)
Tangible trading assets should be considered
2.
(b)
Average profit method
3.
(c)
20%
4.
(b)
profit earned by similar companies in the same industry
5.
(c)
Weighted average profit method
6.
(b)
goodwill
7.
(a)
Goodwill
8.
(a)
Rs. 36,000
9.
(b)
10.
(a)
Goodwill is an intangible asset
12th Standard Syllabus & Materials
12th Standard
TN 12th Computer Applications களப்பெயர் முறைமை (DNS) Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications வலையமைப்பு எடுத்துக்காட்டுகள் மற்றும் நெறிமுறைகள் Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications கணினி வலையமைப்பு ஓர் அறிமுகம் Sample Question Papers Study Material - QB365 Set A
NEW12th Standard
TN 12th Computer Applications PHP-உடன் MySQL-ஐ இணைத்தல் Sample Question Papers Study Material - QB365 Set A
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