Kerala Plus Two Accountancy Chapter Wise Questions and Answers Chapter 5 Dissolution of Partnership Plus Two Accountancy Dissolution of Partnership One Mark Questions and Answers Question 1. Which is not correct in the case of Dissolution of Partnership (a) The original partnership agreement is terminated (b) Some partners continue in the business (c) No partner […]
Kerala Plus Two Accountancy Chapter Wise Questions and Answers Chapter 2 Accounting for Partnership-Basic Concepts Plus Two Accountancy Accounting for Partnership – Basic Concepts One Mark Questions and Answers Question 1. A partner is entitled to get 6% per annum as (a) Profit (b) Interest on capital (c) Interest on loan (d) Remuneration Answer: (c) […]
Kerala Plus Two Accountancy Chapter Wise Questions and Answers Chapter 4 Reconstitution of a Partnership Firm-Retirement/Death of a Partner Plus Two Accountancy Reconstitution of a Partnership Firm – Retirement/Death of a Partner One Mark Questions and Answers Question 1. A partner who severs his connection with his firm is known as (a) Retiring partner (b) […]
Kerala Plus Two Accountancy Chapter Wise Questions and Answers Chapter 1 Accounting for Not For Profit Organisation Plus Two Accountancy Accounting for Not For Profit Organisation One Mark Questions and Answers Question 1. The Receipts and payments account is a_______. (a) Real Account (b) Nominal Account (c) Personal Account (d) Impersonal Account Answer: (a) Real […]
Kerala Plus Two Accountancy Chapter Wise Questions and Answers Chapter 3 Reconstitution of a Partnership Firm-Admission of Partner Plus Two Accountancy Reconstitution of a Partnership Firm – Admission of Partner One Mark Questions and Answers Question 1. Total value of business-Net tangible assets’ is the value of goodwill under. (a) Superprofit method (b) Present value […]
Kerala Plus One Business Studies Notes Chapter 1 Nature and Purpose of Business Contents Economic and non-economic activities Business and its characteristics Business, Profession and Employment Classification of business activities Industry and commerce Objectives of business Business risk Factors to be considered before starting a business. Activities which human beings undertake are known as human […]
