Kerala PSC Previous Years Question Paper & Answer

Title : LABORATORY TECHNICAL ASSISTANT ACCOUNTING AND AUDITING VHSE
Question Code : A

Page:4


Below are the scanned copy of Kerala Public Service Commission (KPSC) Question Paper with answer keys of Exam Name 'LABORATORY TECHNICAL ASSISTANT ACCOUNTING AND AUDITING VHSE' And exam conducted in the year 2017. And Question paper code was '099/2017/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: 4 out of 11
Excerpt of Question Code: 099/2017/OL

C:-Credit
D:-Debit
Correct Answer:- Option-A
Question29:-Amount spend in order to produce and sell goods and service is called
A:-Expense
B:-Income
C:-Revenue
D:-Asset
Correct Answer:- Option-A
Question30:-Going concern assumption tell us the life of business is
A:-Very long
B:-Very short
C:-Less than one year
D:-For one year
Correct Answer:- Option-A
Question31:-Goodwill is an example of
A:-Tangible asset
B:-Intangible asset
C:-Wasting asset
D:-Fictitious asset
Correct Answer:- Option-A
Question32:-L. F. column in the joumnals is filled at the time of
A:-Journalising
B:-Posting
C:-Balancing
D:-Trial balance
Correct Answer:- Option-B
Question33:-The double entry system of book keeping was developed by
A:-Stevenson
B:-Wilson
C:-Luca Paciolo
D:-Churchil
Correct Answer:- Option-C
Question34:-Purchase of machinery on credit is recorded in
A:-Sales day book
B:-Journal proper
C:-Purchase day book
D:-Purchase retum book
Correct Answer:- Option-B
Question35:-Goods retumed by customers are recorded in
A:-Sales book
B:-Purchase book
C:-Purchases retum book
D:-Sales retum book
Correct Answer:- Option-D
Question36:-On *1~(st}* January 2003, Chandran draws a bill on Sundar for 3 months, its due date is
A:-"317(st)” March 2003
B:-'1~(st)" April 2003
C:-*4~(th)" April 2003
D:-"107(th)" April 2003
Correct Answer:- Option-C
Question37:-The balance of cash book indicates
A:-Net income
B:-Cash in hand
C:-Difference between debtors and creditors
D:-None of the above
Correct Answer:- Option-B
Question38:-Goods taken by the proprietor for domestic use should be credited ‏ما‎
‎A:-Proprietor's drawings account

Similar Question Papers

Ask Question

(Press Ctrl+g to toggle between English and the chosen language)


Questions & Answers

LABORATORY TECHNICAL ASSISTANT ACCOUNTING AND AUDITING VHSE : Video