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 'DIVISIONAL ACCOUNTANT KERALA WATER AUTHORITY PART II ELEMENTARY BOOK KEEPING' And exam conducted in the year 2016. And Question paper code was '155/2016'. 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.
11. 1. Define Accounting. 5x2=10
2. What do you mean by the term Primage ?
3. What is book keeping ?
4. What is double entry system ?
5. What is Marginal costing ?
VIIL How will you treat the following items in final accounts ? 15
1, Outstanding expense
2. Prepaid expense
3. Loss of stock by fire
4. Depreciation
5. Goods distributed as free samples
IX. In Process B, 75 units of a commodity were transferred from process A at a cost of 15
1,320. The additional expense incurred by the process were Rs. 190. 20% of the units
entered are normally lost and sold @ Rs. 4 per unit. The output of the process was
70 units, Prepare process B account and Abnormal Gain account.
X. An electricity company eams a clear profit of Rs. 5625150 and the reasonable retum is 5
ا 4068450, Show how the profits of the company will be dealt under the provisions
of electricity act.
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