Kerala PSC Previous Years Question Paper & Answer
Page:8
Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'ACCOUNTANT /JUNIOR ACCOUNTANT /ACCOUNTS ASSISTANT VARIOUS COMPANIES/CORPNS/BOARDS/SOCIETIES' And exam conducted in the year 2016. And Question paper code was '082/2016'. 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.
Which of the following is true with regards to a balance sheet?
(A) It shows changes in assets and liabilities of a business during the year
(B) It shows position change of a business between two particular dates
(0) It shows changes of a business for a particular year
(D) It shows position of a 'business on a particular date
58. Income received but not earned is :
(8) An Asset (B) A Liability
(C) A Contingent Liability (D) None of the above
59. Bank Account i
(4) Real Account (18) Nominal Account
(€) Profit Account (D) உணவி Account
md is shown under which heading in the balance sheet?
(A) Current Liabilities (B) Provisions
(C) Reserves and Surpluses (D) Miscellaneous Items
61. Surrender value of joint life policy is shown as asset in the balance sheet when premium is
treated as :
(A} An ordinary business expense (8) An investment
62, In which year th
68. Which of the fol
64. Which of the foll
082/2016
(C) In both cases — (A) and (B) above (D) None of the above
@) 1972
(0 1962
(ಯ) Ttca
(3) 16 8
(9 ன
(D) 1 حمه
¢ Income Tax Act was passed?
(B) 1968
(D) 1961
ing statement is false with regards to ‘income’ under Income Tax Act?
be earned illegally
be irregular or lump-sum
७ gift with clear personal element
be of any form
wing is not a business expense?
(4) Depreciation (B) Salaries
)0 Wage:
(D) All the above
10 A
