Kerala Plus two Board Exam 2022- Question Paper & Key ACCONTANCY (AFS)
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Download question papers and answer key of Kerala Plus Two Board Exam 2022 of Accountancy with AFS (Analysis of Financial Statements)

Some sample questions from the paper

1. Which of the following is not related to not-for-profit organisation ?
(a) Organised as charitable trusts or societies
(b) Profit motive
© Managed by executive committee
(d) Excess of income over expense is surplus

2. Partnership is the result of_____.
(a) Law
(b) Registration
© Agreement
(d) None of these

3. Goodwill is a/an_____
(a) Tangible asset 
(b) Intangible asset
© Current asset
(d) None of these

4. If the firm is not in a position to pay the amount due to retiring partner, such amount is transferred to______
(a) Partner’s Capital A/c
(b) Partner’s Loan A/c
© Partner’s Drawings A/c
(d) None of these

5. On dissolution of firm, sundry creditors is transferred to---.
(a) Partner’s Capital A/c 
(b) Bank A/c
© Cash A/c
(d) Realisation A/c

For complete question paper and key of +2 Accountancy (AFS) paper 2022 download the pdf files below.


.pdf   Kerala +2 Exam 2022- Accountancy AFS Question Paper.pdf (Size: 853.61 KB / Downloads: 1,173)


.pdf   Kerala +2 Exam 2022- Accountancy AFS Answer Key.pdf (Size: 204.29 KB / Downloads: 868)
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