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Published on: 13/05/2022
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.
O, P, and Q are partners sharing the profits in the ratio of 3:2: 1. If P retires the new profit ratio for O and Q will b ______________
3:2
3:1
2:1
1: 3
2.
The section related to the retirement of partner in Indian partnership Act is _____________
30(a)
31(1)
21(c)
20(a)
3.
When the values of liabilities increases, it results in _____________
Profit
Loss
Income
Expenses
4.
If the goodwill account is raised for 50,000, the amount is debited to ____________
The capital accounts of partners
Goodwill account
Cash account
Loan account
5.
At the time of retirement of a partner, calculation of new profit ratio is __________
Compulsory
Optional
Necessary
Not necessary
1.
(b)
3:1
2.
(b)
31(1)
3.
(b)
Loss
4.
(b)
Goodwill account
5.
(c)
Necessary
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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