Kerala Plus One Question Paper 2025 Accounts with CA

KERALA BOARD

QUESTION
PAPER
2025
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Kerala Board of Public
Examinations

FY-350
Reg. No. : ......................................

Name : ...........................................

FIRST YEAR HIGHER SECONDARY EXAMINATION, MARCH 2025

Part – III
ACCOUNTANCY WITH COMPUTERISED ACCOUNTING
Maximum : 60 Scores
Time : 2 Hours
Cool-off time : 15 Minutes

General Instructions to Candidates :
 There is a ‘Cool-off time’ of 15 minutes in addition to the writing time.
 Use the ‘Cool-off time’ to get familiar with questions and to plan your answers.
 Read questions carefully before answering.
 Read the instructions carefully.
 Calculations, figures and graphs should be shown in the answer sheet itself.
 Malayalam version of the questions is also provided.
 Give equations wherever necessary.
 Electronic devices except non-programmable calculators are not allowed in the
Examination Hall.
 
    15  ‘  ’ .
 ‘  ’    
 .
      .
    .
  , , ,   
.
   .
    .
     
    .

FY-350 1 P.T.O.

Answer any 7 questions from 1 to 8, each carries 1 score. (7  1 = 7)

1. Which of the following is not a qualitative characteristic of accounting information ?
(a) Reliability (b) Relevance
(c) Comparability (d) Measurabilty

2. “Bought goods on credit”. The effect of this transaction is :
(a) Asset increases, Asset decreases
(b) Asset increases, Liability increases
(c) Asset increases, Liability decreases
(d) Asset decreases, Liability increases

3. Tax that is levied on the inter state supply of goods and services in India is :
(a) Central GST (b) State GST
(c) Integrated GST (d) Union Territory GST

4. Bought goods for cash : Cash Book
?
Bought goods on credit : __________

5. A Bank Reconciliation Statement is prepared to :
(a) Detect errors in the pass book only
(b) Detect errors in the cash book only
(c) Reconcile the differences between the cash book and the pass book balances
(d) Identify fraudulent transactions in the bank account

6. Cost of the asset ` 80,000
Scrap value ` 10,000
Useful life period – 10 years
Find the Annual Depreciation.

7. Find the odd one out with regard to direct expenses.
(a) Wages (b) Production expenses
(c) Factory rent (d) Office rent
FY-350 2

1  8  7  .  1 
. (7  1 = 7)

1.     
  ?
(a)  (b) 
(c)  (d)  

2. “  ”.    .
(a)  ,  
(b)  ,  
(c)  ,  
(d)  ,  

3.      
 
(a)  .. (b)  ..
(c)  .. (d)   ..

4.     :  
   ?
: _________

5.     
(a)     
(b)     
(c)       

(d)     .

6.   80,000 
  10,000 
  – 10 
  

7.      .
(a)  (b)  
(c)   (d)  

FY-350 3 P.T.O.

8. Outstanding rent is a/an :
(a) Liability (b) Asset
(c) Expense (d) Income

Answer any 3 questions from 9 to 13, each carries 2 scores. (3  2 = 6)
9. Journalise the following adjustments :
(1) Rent paid in advance ` 500
(2) Depreciation on furniture ` 1,000

10. Choose the correct answer from brackets.
[Revenue expenditure, Capital expenditure]

(1) ?
Expenditure incurred to increase the earning capacity of business : __________

(2) ?
Expenditure incurred to maintain the earning capacity of business : __________

11. State whether the following items are shown as debit balances or credit balances in
the trial balance :
(1) Bank overdraft
(2) Stock
(3) Capital
(4) Rent received

12. Mention any two transactions to be recorded through Journal Proper.

13. A businessman signs a contract on 10th January, 2024 to deliver a software by
31st March, 2024, with a price of ` 15,000. The software was delivered on 25th March
2024. The client pays the entire amount on 10 th April, 2024.
(1) When should the businessman recognize this revenue according to the Revenue
Recognition Concept ?
(2) Write a short note about Revenue Recognition Concept.

FY-350 4

8.   
(a) 
(b) 
(c) 
(d) 

9  13   3  . 
2  . (3  2 = 6)
9.     .
(1)    500 
(2)   1,000 

10.     .
[ ,  ]
(1)      
_________.
?
(2)      
_________.
?

11.      
     .
(1)  
(2) 
(3) 
(4)  

12.       
.

13. 15,000     2024  31- 
   2024  10-  
. 2024  25-   . 
  2024  10- .
(1)      
    ?
(2)       .

FY-350 5 P.T.O.

Answer any 5 questions from 14 to 19, each carries 3 scores. (5  3 = 15)

14. Calculate cost of goods sold and gross profit/loss
Opening Inventory : ` 10,000
Purchases : ` 70,000
Purchase Returns : ` 5,000
Carriage Inward : ` 3,000
Wages ` 2,500
Closing Inventory : ` 18,000
Sales : ` 90,000
Sales Returns : ` 1,000

15. Identify the transaction from the following journal entries :
1 Drawings a/c Dr. 5,000
To Bank account 5,000
(..................................)
2 Cash a/c Dr. 2,000
To Bank account 2,000
(.................................)
3 Drawings a/c Dr. 500
To Purchase account 500
(.................................)

16. The following transactions took place during the month of May 2024 for Anu Traders :
May 2 – Purchased from ABC Traders, Kannur
50 water bottles @ ` 120 each
100 Note books @ ` 40 each
60 Umbrellas @ ` 280 each
Trade discount - 15%
May 8 – Purchased from Gaya Traders, Kannur
40 School bags @ ` 350 each
80 Rain Coats @ ` 100 each
Trade discount – 10%
Prepare a Purchase Book.

FY-350 6

14 19   5  .
 3  . (5  3 = 15)
14.      .
  : 10,000 
 : 70,000 
  : 5,000 
  : 3,000 
 : 2,500 
  : 18,000 
 : 90,000 
  : 1,000 

15.      .
1.   Dr. 5,000
   5,000
(.........................................)
2.   Dr. 2,000
   2,000
(.........................................)
3.   Dr. 500
   500
(.........................................)

16.   2024     .
 2 –     
50   120 
100    40 
60   280 
  15%
 8 –     
40    350 
80    100 
  10%
   .
FY-350 7 P.T.O.

17. Complete the following table with regard to Bank reconciliation statement :
Balance of Cash / Pass book Indicates
Debit balance as per Pass book ?
Debit balance as per Cash book ?
Credit balance as per Pass book ?
Hint : Favourable
Unfavourable

18. (1) Read the following statements and state whether they are True or false.
Statement I – Creating provision for known liabilities.
Statement II – Creating reserves for unknown events.
(2) Write any two difference between Provision and Reserve.

19. Name the accounting term mentioned in the following :
(1) Deduction given at the time of sale, usually based on the quantity purchased
(2) The excess of revenue over expenses
(3) Economic resources owned by a business that are expected to provide future
benefits

Answer any 5 questions from 20 to 25, each carries 4 scores. (5  4 = 20)
20. On 1st April, 2021, a machinery was purchased for ` 80,000 from Machine Land. On
30th June, 2023, the machinery purchased on 1st April, 2021 was sold for ` 60,000 and
a new machinery was bought for cash ` 25,000. Depreciation is charged @10% p.a.
on straight line method. Prepare machinery account up to 31 st March, 2024.

21. ABC Ltd. has a balance of ` 2,000 as per pass book as on 31st March, 2024. However,
the balance as per cash book as on 31st March, 2024 is ` 2,610.
Transaction details are given below :
(1) A cheque of ` 500 was deposited, but it is not yet processed by the bank.
(2) Bank charges of ` 60 were recorded in the pass book, but not in the cash book.
(3) Cheques worth ` 300 were issued, but not presented.
(4) Bank interest of ` 150 was recorded in the pass book, but not in the cash book.
(5) Payment of a cheque ` 500 is recorded twice in the pass book.
Prepare a bank reconciliation statement with pass book balance as the starting point.

FY-350 8

17.       .
 /    
     ?
     ?
     ?
 : 


18. (1)       
.
 I –    
 II –    
(2)       .
19.      .
(1)      
 .
(2)   
(3)      
  

20 25   5  .
 4  . (5  4 = 20)
20. 2021  1-    80,000    .
2023  30-, 2021  1-   60,000  
25,000     .   
 10% . 2024  31    .

21.   2024  31-   2,000  .
, 2024  31-    2,610 .
   .
(1) 500   ,     
.
(2)   60   , 
  .
(3) 300    .
(4) 150     , 
  .
(5) 500      .
       .

FY-350 9 P.T.O.

22. You are given the following information :
Profit before adjustments : ` 40,000
Adjustments required :
Outstanding wages : ` 5,000
Prepaid insurance : ` 1,500
Accrued income : ` 2,000
Depreciation on machinery : ` 3,000
Show how the above adjustments affect the profit and calculate the net profit.

23. Explain briefly the objectives of accounting.

24. Read the following cases :
Case I – A businessman buys a machinery for ` 50,000 and records it on the
balance sheet at ` 50,000, regardless of any changes in market value.
Case II – When the owner invests cash ` 10,000 into the business, it affects two
accounts – Cash account and Capital account.
(1) Identify the Accounting concept mentioned in the above two statements.
(2) Briefly explain them.

25. Classify the following under the headings Journal and Ledger :

 Book of second entry

 Initial recording of transactions

 Detailed chronological record of transactions

 Summarized record of transactions

 Contains description of transactions

 Contains number or description of transactions

 Records both debit and credit aspects

 Separates debit and credit side

FY-350 10

22.    .
   : ` 40,000
  :
  : ` 5,000
   : ` 1,500
  : ` 2,000
  : ` 3,000
     
   .

23.    .

24.   .
 – I :   50,000    ,
      
50,000  .
 – II :   10,000  ,  
 - , 
.
(1)      
 .
(2)   .

25. ,     
.
   
   
    
   
   
   
 ,   
 ,   
FY-350 11 P.T.O.

Answer any 2 questions from 26 to 28, each carries 6 scores. (2  6 = 12)

26. Some accounting errors are given below :

(1) Purchased goods on credit from Maya Traders ` 2,500, posted to Maya Traders

at ` 500

(2) Purchase of machinery ` 8,000 has been entered in the purchase book

(3) Paid wages ` 3,000 were not recorded

(4) Purchases book undercast by ` 1,000

Question :

(i) Identify and write the type of error mentioned in each of the above cases.

(ii) Rectify the above errors.

27. Enter the following transactions in double column cash book of Kefco Traders for

July 2024 :

01 – Commenced business with cash ` 50,000

03 – Opened bank account for ` 30,000

05 – Purchased goods for cash ` 10,000

10 – Purchased office machine for ` 5,000

15 – Sold goods to Rohan and received cheque ` 7,000

18 – Cash sales ` 8,000

22 – Paid rent by cheque ` 1,500

24 – Drew cash from bank ` 2,000

28 – Paid insurance by cheque ` 1,800

FY-350 12

26  28   2  .
 6 . (2  6 = 12)

26.     .

(1)      2,500  , 
   500 .

(2)   8,000   
.

(3) 3,000    

(4)   1,000  

(i)       
 .

(ii)    .

27. 2024       
  .

01 – 50,000    

03 – 30,000     

05 – 10,000   

10 – 5,000    

15 –    7,000   


18 –   8,000 

22 –  1,500    

24 –   2,000  

28 –  1,800    

FY-350 13 P.T.O.

28. The following were extracted from the books of a business for the year ended
31st March, 2024 :

Capital 25,000

Cash 10,500

Rent 2,500

Furniture 15,000

Debtors 9,500

Creditors 9,000

Salary 3,000

Electricity charges 1,700

Interest received 1,200

General expenses 800

Discount received 800

Drawings 2,000

Closing stock 6,000

Gross Profit 15,000

Other information
(1) Depreciate furniture by 10%.
(2) Rent due but not paid ` 1,500 and Salary outstanding ` 500.
(3) Create a provision for doubtful debts on debtors @10%.
(4) Electricity charges paid in advance ` 200.
Prepare Profit and Loss account and Balance sheet for the year ending 31 st March,
2024.
___________

FY-350 14

28. 2024  31-     
   .
 25,000

 10,500

 2,500

 15,000

 9,500

 9,000

 3,000

  1,700

  1,200

  800

  800

 2,000

  6,000

  15,000

 
(1)   10% .
(2)   1,500 ,   500 .
(3)  10%   
(4)   200   
2024  31-     
 .

_____________

FY-350 15 P.T.O.

FY-350 16