Kerala Plus Two Answer Key 2025 Accountancy CA

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AIYSWER KEY
SECOND YEAR HIGHER SECONDARY EXAMINATION MARCH 2025
ACCOUI\TAIYCYWITH CA
Code No: SY 450
t-{D 2 Hrs
Qn Sub Value Points Score Total
No Qns Score
Any 5 questions, I score each
1 a) a) Debited to the Revaluation Account L 1

2 b) It is debited to the Profit and Loss Account. I 1

3 Super profit = goodwilV L00 x rate or
Super profit = Average profit - Normal profit or L l_
{ 1_2,000
4 (c) Debited to all partners' Capital Accounts. 1 L

5 (c) Settle external liabilities L 1
6 d) Statement I is false & II is true 1 I
Any 4 questions, 2 score each
7 Interest on capital T
i)Shyam -5,000, Sanal - 4,000 L 2
ii) Not allowed
B IIear* 2 2
{l ltu#cr*f Edr partrxrhar a& sffirslt'
8fir{u$b {areo*rnt* t.s" sqlrl&l xoual" |I&tlllt
mcifid

{ti I tr]',] kt
tr, {rc pGtcd rtrt1
rkeu,r}"0t {rc lil tl*
snd $ot hr th* effiair'
lbt, Sr&d stmulrt b&lflr** 'tte brtrncc of tI* ceplhl
mm*tnundunod rmlccr acurnt Orrnreies &rom prr
tbrrc t eddttofi to s to IEN'
ly|rhturill d
$,",1 Thcffiltnl rcsrrrrt! thccgelsnourrt
dtrqr'$mrcrudil b.kr*G. rry ilc#rrsrtbow * ffir
hrhn*G,
Any two difference berween Fixed Capital and Fluctuating
Capital method.
9 New ratio of L = 518-'1,120= 23140 L 2
New ratio of M= 318- 1120 = 13/40 1
New ratio = 23:L3:4
10 Drawings
Interest on drawings llx4 2
Share of accumulated loss
Share of Revaluation loss
Share of loss up to the date of retirement (any 4)
11 Any nrro difference between Dissolution of partnership and

,/,

Dissolution of firm Lx2 2

Any 5 questions, 3 score each
L2 Date of withdrawal Amount Time period Product
rh.x6 3
IN,f.ay 01,2022 5,000 11 ss000
July 01, 2022 3,000 9 27000
November 30,2022 6,000 4 24000
December 3L,2022 2,000 3 6000
March 3t, 2023 3,000 0 0
11_2000
o/o
Interest on drawings = L1-2000x 8 x 111^2 = 747
Any other method can also be considred
13 Details Aiay Sachin Dravid
Amountwhich should have been 10000 6000 4000
credited as interest on capital
Amount actually credited by L0000 5000 s000
way of share of profit
Net effect 1000 1_000
(c0 (Dr) 1+1
3
Dravid's Capital A/c Dr 1.,000 1
To Sachin's capital A/c L,000

l4 New ratio =3:1:L
Rajesh's capital = 30,000
Total capital = 1,50,000
Amal's new capital = 1,50,000 x 3/5 = 90,000
Balu's new capital = 1,50,000 xLlS = 30,000 L

Additional capital to be brought by Amal = 5,000
Excess capital of Balu = 5,000
Cash A/c Dr 5,000 L 3
To AmaI' s caPital 5,000
Balu's capital A/c Dr 5,000
To Cash A/c 5,000 L

15 Realisation A/c
Particulars Amount Particulars Amount
Debtors 40,000 Creditors 20,000
Stock 70,000 Cash (Assets) 150,000 rhxG
Furniture 50,000 Partners capital:
3
Cash (Crs) 20,000 A 6000
B 4000 10000
180000 180000

16 Mahesh's Loan account
Year Paiticulars Amount Year Particulars lAmount
1
1 Bank L2400 L Mahesh's capi.. l+oooo
Balance c/d 30000 Interest I zaoo 1

,/u

42400 lqzqoo 3
2 Bank 11800 2 Balance b/d lsoooo
Balance c/d 20000 1
Interest I rsoo
31800 lsraoo
3 Bank 11200 3 Balance b/d lzoooo
Balance c/d 10000 Interest lrzoo
21200 lztzoo
17 a) Cash Nc Dr 40500
To Remya's capital 30,000 T
To Premium for goodwill 10,500
b) Premium for goodwill A/c Dr 10,500
To Hanna A/c 6000
To Priya Alc 4500
1

d Hanna A/c Dr
3
20000
Priye Alc Dr 15000 1
To Goodwill 35000
Altemative entry may be considered
Any 2 questions, 6 score each
18 Account
Particulars Amount Particulars Amount
Provision required 1200 Stock 5000
for doubtful debt 1
score
Fumirure
2000 for
Partners capital a/c:
each
A 1200
entry
B 600
1,800 Max-
3
5,000 5,000
Partners Account
6
C Particulars
L alc b/d s0000
Cash
Bala c/d 38600 L200 600 ,1
5L200 5L200 40000 score
sheet as on 3 for
Liabilities Amount Assets Amount each
Creditors 15,000 entry
Cash 60,000
Capital Debtors
mix -
22,900
A 47200 Stock 40,000
ttl
B 38600 Furniture 18,000
c 40000 125800 %
score
140800 140800 for
each
entry
mix -
lrh

3r
/b

19 a) Share from Padma to Madhu = 216 x 3/5 = 6/30

Share from Padma to Leela = 216 xZlS = 4l3O
2
Madhu's new ratio = 3/6 +5/30 = 2L/30

Leela's new share = Ll6 +4130 = 9/30

New ratio = 7:3
6

b) Vimal's ca Account
1
score
Particulars Amount Particulars Amount
for
Profit and Loss a/c 5000 Balance b/d 30000 each
Interest on capital 800 correc
55,300 General Reserve 7500 t item
Vimal's Executors
Amal's & Kamal's 21000
capital (goodwill)
P& L Suspense 2000 max -
61,300 6L,300 4
Goodwill = 14000 x 4 = 56000
Vimal's share of goodwill = 21,000
Share of profit up to the date of retire.. = 16000 x 4lL2 x 3/8= 2000

20 a) Realisation A"/c Dr 3200 L
To Bank A/c 3200
b) Anu's capital A/c Dr 7500 1

To Realisation A/c 7500
c) Realisation A/c Dr 10,000 1 6
To Binu's capital A/c 10,000 1
Binu's capital A/c Dr 9000
To Bank A/c 9000
d) Bank A/c Dr 5500 1
To Realisation A/c 5500
e) Realisation A/c Dr 1,8,000
To Anu's capital A/c 7500 1

To Binu's capital A/c 10,500

Any 3 questions, 1 score each
2l b) PMr L L

1 1
22 c) Cash
23 Data vault 1 1

24 2400 1 1

Any 4 questions, 2 score each
25 i) TEXT 1

ii) CoNCATENATE 1 2

+4

26 Insert Chart wizard type----- {inish 2 2
->alternative step
any other ---Chart
-Q[61
27 1. It helps to create visual appeal 1
2. Easy to read ttre data t_ 2
3. Helps to anllyse and interpret the data quickly
4. To know d. u.ndr easily etc (any 2)
28 a) Direct Expenses ,1
%
b) Indirea Expenses
,, 2
c) Indirect income th
d) Current assets
29 (a) DA (DS1 = Basic Pay x1go/o ( C3*10%) ,1 2
(b) Gross pay(H3) = Basic Pay + DA+ CCA (C3+D3+E3) ,5
or SUM function th
(c) Total deductions(I3)= pp+ TDS (F3+G3) ,1
(d) Net Pay (J3) = Gross pay - Total Deductions ( H3- 13)

Any 3 questions, 3 score each
30 i) Sequential code - In sequential code, numbers and letters are 1
assigned in consecutive order as codes 3
ii) Block codes - In block code, a range of numbers is allotted to a L
specific group.
Iii) Mnemonic codes-Alphabes or abbreviations are used as symbols
to identify a specific item in Mnemonic coding. Eg: KL - for Kerala 1
(with out explanation 14 score each)
31 a) The various data entry options available to input data into a worksheet
are: 3
i) Direct data entry t,
ii) Data fill options
iii) Import data from other sources
b) Function is designed by the software, but Formula is user designed etc tl
Any other 1, difference
32 a) bank ,1
b) Fs ,1
c) Purchased Furniture from Haris Traders ,5
d) Journal ,1 3
e) Sales ,1
f) Sales ,1

33 Tools - Relationship -Add Tables to make relationship - Create 3 3
relationship by dragging the fields benueen two tables.
(any relevant step)

Scheme Finalised by:

1 MANOJ S SEBASTIAN,MTS HSS KOTTAYAM.9497331O3O
2. TOM CHACKO,SJB HSS, NEDUMKUNNAM
3. MUHAMMAD HAFEEF VA, LM HSS, ALAPPUZHA.9447787897

% PTo

4. SrBU J JACOB,CST HSS pH MANAKALA.PATHANAMTHTTTA 86063 s7L73 qb
5. SATHEESH S. CHEMPAKASSERRY
6. E. SAS IDHARAN,KARIMPUZHA H S S, PALAKKAD. 996 12663 1. 5
7. RADHA C,KHSS,KANNADI,PALAKKAD.94466378M q
8. RADHIKA T G,I{VT COMMERCE,GVHS S,NORTH ,P@
9. PAULJO GEORGE, SA HS S, KALOO RKAD,EKM.qM7 6067 7 4
10. REJO JOS K, GHSS,PUNKUNNAM, THRISSUR.9946256143
1-1. SIJU K NNM HSS CHELAMBRA MALAPPURAM 9446669543

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