Kerala PSC Previous Years Question Paper & Answer

Title : ACCOUNTANT GR II FOARM MATTING ANG INDIA LTD
Question Code : A

Page:10


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'ACCOUNTANT GR II FOARM MATTING ANG INDIA LTD' And exam conducted in the year 2019. And Question paper code was '051/2019/OL'. 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.

page: 10 out of 11
Excerpt of Question Code: 051/2019/OL

B:-N's Account
C:-Cash Account
D:-Account of M& N
Correct Answer:- Option-D
Question87:-Which is the most appropriate method of depreciation for loose tools, livestock jigs etc
A:-revaluation method
B:-fixed installment method
C:-depletion method
D:-Diminishing balancing method
Correct Answer:- Option-A
Question88:-Goodwill is a ......... asset.
A:-tangible
B:-intangible
C:-current
D:-fluctuating
Correct Answer:- Option-B
Question89:-Excess of opening capital over closing capital கொண்க .....
A:-profit
B:-loss
C:-additional capital
D:-lesser capital
Correct Answer:- Option-B
Question90:-Under stock and debtors system, loading in opening stock is credited in
A:-stock account
B:-debtors account
C:-branch adjustment account
D:-trading account
Correct Answer:- Option-C
Question91:-The unexpired discount for a banking company is
A:-Income
B:-expense
C:-liability
D:-none of the above
Correct Answer:- Option-C
Question92:-Statutory reserve created by a banking company as per Banking Regulation Act 1949 is
2:-20%
B:-25%
C:-15%
D:-10%
Correct Answer:- Option-B
Question93:-Cost of control of holding company account is credited with
A:-revenue profit
B:-capital profit
C:-revenue loss
D:-capital loss
Correct Answer:- Option-B
Question94:-In case of amalgamation, the liabilities which are not taken over by the new company are transferred to
A:-Realization ajc
B:-Partner's capital A/c
C:-partner's current A/c
D:-bank Arc
Correct Answer:- Option-A
Question95:-The debentures which do not camry any charge on assets of a company is called
A:-naked debenture
B:-registered debenture
C:-bearer debenture
D:-first debenture
Correct Answer:- Option-A
Question96:-Premium paid on the life policy of the propristor is

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ACCOUNTANT GR II FOARM MATTING ANG INDIA LTD : Video