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 'Accountant/ Cashier/ Jr. Audit Assistant etc in KTDC/ KSIDC/ MATSYAFED etc ' And exam conducted in the year 2021. And Question paper code was '108/2021'. 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.
108/2021
Maximum : 100 marks
Time : 1 hour and 15 minutes
1. When debentures are issued as a collateral security, Debenture Suspense Account is :
(A) Added to debentures account in the balance sheet
(B) Deducted from debentures account in the balance sheet
(C) No adjustment is required
(D) None of the above
2. Which of the following is correct?
(ಹ) Opening capital = Closing capital + Additional Capital — Drawings — Profit
(B) Opening Capital = Closing Capital + Drawings — Additional Capital — Loss
(C) Opening Capital = Closing Capital + Drawing — Additional Capital — Profit
(D) Opening Capital = Closing Capital — Additional Capital -- Drawings - Loss
8. Income tax paid by Mr. A to Rs. 3,000. The accounting treatment is :
(^) To be credited to the Profit and Loss Account
(B) To be ignored altogether
(0) To be deducted from Capital
(D) To be debited to the Trading Account
4. Donation received for special purpose should be :
(A) Credited to a Separate Account and shown in the balance Sheet
(B) Treated as revenue
(C) ‘Treated as revenue unless the amount is large
(D) Not recorded at all
[.7.0.]