Kerala PSC Previous Years Question Paper & Answer
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Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'DEPUTY GENERAL MANAGER DCB IDKY AND KSGD PART I AND PART II' And exam conducted in the year 2014. And Question paper code was '043/2014'. Medium of question paper was in Malayalam or English . Booklet Alphacode was 'A'. Answer keys are given at the bottom, but we suggest you to try answering the questions yourself and compare the key along wih to check your performance. Because we would like you to do and practice by yourself.
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"The working rule “Anticipate no profits but provide for all possible losses” is the convention ല്:
(A) Materiality (B) Conservatism
(0) Full disclosure (D} Consistency
An amount of Rs. 20,000 received from issue of further shares by incurring Rs. 2,500 1880
expenses will be treated as follows :
(A) Hs. 20,000 capital receipt and Rs. 2,500 deferred revenue expenditure
(ए) Rs. 17,500 capital receipt
(0) டி 20,000 capital receipt and Rs, 2,500 revenue expenditure
(D) Rs. 22,500 capital receipt
When closing stock appears in the trial balance which of the following treatment is correct?
(ಯ) The amount of closing stock will be deducted from purchases
18) The amount of closing stock will be credited to trading A/C
(0) Amount of closing stock will be added to purchases
(D) No further adjustment is required in the trading A/C
Which of the following treatment is correct in respect of reserve for discount on creditors?
(&) Tt should be debited to P and L A/C
നൂ It should be shown on the liability side of the balance sheet as a deduction from
creditors
(C) It should be added to sundry creditors in the balance sheet
(D) No adjustment is required in the P and L A/C
Sundry debtors stood at Rs. 50,200. Bad debts to be written off Rs. 200 and a reserve for
doubtful debts to be created at 5% on debtors. There was already a reserve appearing in the
books amounting to Rs. 300. The amount to be debited in the P and L है ट will be :
(ಗಿ) Rs. 2,500 (B) Rs. 2,800
(0 Rs. 2,200 (D) Ra. 2,700
The net, profits of a company amounted to Rs. 33,000 during a year. The manager is entitled
10 a commission of 10% on profite after charging such commission. The manager’s
commission will be :
(A) Rs. 3,000 (8) Rs. 3,300
(0) Rs. 3,330 (D) Rs. 2,970
In a trial balance the debtors and creditors appeared as Rs. 12,000 and Rs. 7,400 respectively.
It is found that included in debtors is Re. 2,000 due from M’ and included in creditors
Rs. 1,000 due to him. If 5% reserve for doubtful debts and 2.5% reserve the discount on
creditors is to be created the provision and reserve will be Rs. :
(A) 600 and 160 (3) 500 and 185
(C) 600 and 185 (D) 550 and 160
9 48/2014
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