12th Standard Syllabus & Materials
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Published on: 22/06/2021
QB365 provides detailed and simple solution for every Creative Questions in class 12 Accountancy Subject. It will helps to get more idea about question pattern in
every Creative questions with solution.
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.
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
2.
The old partners share all the accumulated profits and reserve in their ___________
new profit sharing ratio
old profit sharing ratio
capital ratio
sacrificing ratio
3.
In order to maintain fair dealings, at the time of admission, it is necessary to revalue assets and liabilities of the firm to their _______
Cost price
True value
Selling price
None of these
4.
The revaluation profit or loss is transferred to the old partner's capital accounts, in their __________
Old ratio
New ratio
Sacrifice ratio
Gain ratio
5.
When the value of an asset increases, it results in
profit
loss
income
expense
1.
(b)
Old partner's capital A/c only
2.
(b)
old profit sharing ratio
3.
(b)
True value
4.
(a)
Old ratio
5.
(a)
profit
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
