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Published on: 13/05/2022
QB365 provides detailed and simple solution for every Book back Questions in class 12 Accountancy Subject. It will helps to get more idea about question pattern in every book back questions with solution.
latest Book back QuestionsDownload 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
Part I
1.
Incomplete records are generally maintained by
A company
Government
Small sized sole trader business
Multinational enterprises
2.
Opening statement of affairs is usually prepared to find out the
Capital in the beginning of the year
Capital at the end of the year
Profit made during the year
Loss occurred during the year
3.
Which of the following items relating to bills payable is transferred to total creditors account?
Opening balance of bills payable
Closing balance of bills payable
Bills payable accepted during the year
Cash paid for bills payable
4.
Which one of the following statements is not true in relation to incomplete records?
It is an unscientific method of recording transactions
Records are maintained only for cash and personal accounts
It is suitable for all types of organisations
Tax authorities do not accept
5.
When capital in the beginning is Rs. 10,000, drawings during the year is Rs. 6,000, profit made during the year is Rs. 2,000 and the additional capital introduced is 3,000, find out the amount of capital at the end
Rs. 9,000
Rs. 11,000
Rs. 21,000
Rs. 3,000
Part I
1.
(c)
Small sized sole trader business
2.
(a)
Capital in the beginning of the year
3.
(c)
Bills payable accepted during the year
4.
(c)
It is suitable for all types of organisations
5.
(a)
Rs. 9,000
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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
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Tamilnadu Stateboard Standards
