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 'LOWER DIVISION ACCOUNTANT KERALA SMALL INDUSTRIES DEVELOPMENT CORPORATION LTD' And exam conducted in the year 2015. And Question paper code was '171/2015'. 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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Accounting principles are based on :
(ക Objectivity (B) Convenience
(0 Practicability (D) Subjectivity
Valuation and presentation of inventory 38 :
ங் 145 5 (1) - 1५84
(೧0 1451 . (0) 1452
Find the odd one :
(ക) Purchase book (7) Sales book
(C) Purchase return book (D) Cash book
If sales is T 240,000, percentage of gross profit on sales 20%, purchase ¥ 1,75,000,
cloging stock € 30,000. Then opening stock will be :
കര 47,000 (B) 60,000
(0) 80,000 (0) 67.000
1f cost of an asset is ¥ 60,000 and life period is 4 years. The rate of depreciation is :
(ക 20% - (0) 30%
(0 25% (2) 33%
- is against the prineiple of convention of conservation.
(A) Provision for bad-debts (8) Provision for discount on debtors
(0 Provision for discount on creditors 10 Provision for depreciation
The term عا used to write off the value of lease hold properties: -
(ക Amortization 7 (B) Depreciation-
(0 Obsalescence (D) Depletion
Ram sends 50 table fan to Rahim costing ¥ 300 per table fan to be sold at 20% above cost
price. Sales will be :
(ക 18,000 (0) 15,000
(0) 20000 M) 22,000
Acid test is same as :
{A) Turn over test (B) Quick test
(0) Liquid test (D) None of the above
5 171/2015
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