Kerala Plus One Accountancy — Second Terminal Evaluation 2018

Accountancy with Analysis of Financial Statements • 15-page original scanned paper

150:00

Article Title	Second Terminal Examination 2018 Question Paper PDF – Complete Analysis and Study Guide for Kerala Plus One Accountancy
Source Used	The uploaded 15-page PDF titled “Second Terminal Examination 2018 Question Paper PDF – Complete Guide for Kerala Plus One Accountancy Students.”
Paper Identified From PDF	First Year Higher Secondary – Second Terminal Evaluation, December 2018
Subject	Accountancy with Analysis of Financial Statements – Part III
Maximum Score	80 Scores
Writing Time	2½ Hours
Cool-off Time	15 Minutes
Language	English and Malayalam versions are provided in the paper
Source Analysis	The PDF contains 15 pages and the complete paper is structured into six sections, beginning with objective questions and progressing to longer accounting problems.

Second Terminal Examination 2018 Question Paper PDF – Overview

Particular	Analysis
Examination	First Year Higher Secondary Second Terminal Evaluation
Year	2018
Month	December 2018
Subject Paper	Accountancy with Analysis of Financial Statements
Paper Code Visible in PDF	FSE 49
Maximum Score	80
Time	2½ hours
Additional Cool-off Time	15 minutes
Question Number Range	1 to 30
Overall Design	The paper gradually increases the difficulty from one-score objective questions to eight-score accounting problems.
Major Skill Tested	Conceptual understanding, journalisation, classification, calculations, adjustment entries, final accounts and financial accounting procedures.

Second Terminal Examination 2018 Question Paper PDF – Paper Pattern

Section	Questions	Instruction	Score per Question	Total Score
I	1–6	Answer all	1	6
II	7–13	Answer any 6	2	12
III	14–18	Answer any 4	3	12
IV	19–22	Answer any 3	4	12
V	23–28	Answer all	5	30
VI	29–30	Answer any 1	8	8
Total	30 Questions	Section-wise choice included	—	80

Observation	What It Means for Students
Beginning of paper	Tests basic definitions and accounting concepts.
Middle of paper	Tests explanations, classification and short accounting applications.
Later sections	Require proper calculations, accounting formats and step-by-step working.
Final section	Tests comprehensive accounting preparation and adjustment knowledge.

The section-wise structure can be seen throughout the uploaded paper: Section I carries 6 marks, Sections II–IV each carry 12 marks, Section V carries 30 marks, and Section VI carries 8 marks.

Second Terminal Examination 2018 Question Paper PDF – Instructions Analysis

Instruction in the Paper	Student-Friendly Meaning
15-minute cool-off time	Students get additional time before the writing period for reading and planning.
Read questions carefully	Students should understand exactly what each question asks before writing.
Read instructions carefully	Choice and question-specific instructions matter.
Calculations, figures and graphs should be shown	Working should be presented clearly in the answer sheet.
Malayalam version is provided	The paper contains bilingual presentation.
Give equations wherever necessary	Accounting calculations and required equations should be shown.
Electronic devices restriction	Only permitted non-programmable calculators are allowed according to the printed instructions.

These instructions appear on the first page of the uploaded PDF.

Second Terminal Examination 2018 Question Paper PDF – Topics Covered

Topic	Presence in Paper	Question Areas Observed
Accounting Concepts	Yes	Business entity concept, accounting concepts and qualitative characteristics
Assets	Yes	Intangible assets
Journal	Yes	Journal entries and Journal Proper
Ledger	Yes	Ledger balances and posting-related concepts
Cash Book	Yes	Cash and bank columns, balancing
Bank Reconciliation Statement	Yes	Cash Book and Pass Book differences
Bills of Exchange	Yes	Drawer, drawee, maturity, endorsement and dishonour
Depreciation	Yes	Annual depreciation and diminishing balance method
Capital and Revenue	Yes	Classification of payments
Errors and Rectification	Yes	One-sided and two-sided errors, correction entries
Trial Balance	Yes	Debit and credit balances
Final Accounts	Yes	Trading Account, Profit and Loss Account and Balance Sheet
Adjustments	Yes	Bad debts, outstanding expenses, prepaid expenses, depreciation and provisions
Accounting Information	Yes	Users and qualitative characteristics
Cost of Goods Sold	Yes	Purchases, returns, opening stock, closing stock and direct expenses
Financial Position	Yes	Statement showing financial position

Second Terminal Examination 2018 Question Paper PDF – Section I Analysis

Question	Skill Tested	Topic	Difficulty
1	Identification	Intangible asset	Easy
2	Concept recognition	Business entity/accounting concept	Easy
3	Accounting procedure	L.F. column in Journal	Easy
4	Banking/accounting application	Overdraft according to Pass Book	Moderate
5	Concept identification	Bill of Exchange	Easy
6	Definition/identification	Financial position statement	Easy

Analysis of Section I	Details
Total questions	6
Total marks	6
Question type	One-score objective/very short questions
Main purpose	Check fundamental accounting terminology and concepts
Preparation strategy	Students should revise definitions, accounting terminology and basic procedures.

Pages 2–3 of the PDF show Questions 1–6 and the beginning of Section II.

Second Terminal Examination 2018 Question Paper PDF – Section II Analysis

Question	Main Topic	What Students Need to Do
7	Internal users of accounting information	Give appropriate examples.
8	Accounting concept related to expected bad debts	Identify and explain the concept and its effect on profit.
9	Journal entries	Interpret the meaning of given entries.
10	Debit note and credit note	Differentiate between the two.
11	Errors in accounting	Classify errors into one-sided and two-sided categories.
12	Depreciation	Calculate annual depreciation using the appropriate formula.
13	Capital and revenue payments	Classify given payments correctly.

Section II Analysis	Details
Questions available	7 questions
Questions to answer	Any 6
Marks per question	2
Total marks	12
Nature	Short-answer and basic application questions
Most important preparation areas	Concepts, classification, depreciation and accounting procedures

The uploaded PDF shows Questions 7–13 across pages 3–5, including accounting information, concepts, journal entries, notes, errors, depreciation and capital/revenue classification.

Second Terminal Examination 2018 Question Paper PDF – Section III Analysis

Question	Topic	Expected Skill
14	Qualitative characteristics of accounting information	Explain any three characteristics.
15	Journal entries	Pass entries for multiple business transactions.
16	Bill of Exchange	Identify drawer, drawee and maturity date.
17	Cost of Goods Sold	Calculate COGS using supplied figures.
18	Final accounts	Explain how adjustments are shown in final accounts.

Section III	Analysis
Questions available	5
Questions to answer	Any 4
Marks per question	3
Total marks	12
Question style	Short explanations plus numerical/application-based questions
Important skill	Students need to show logical working rather than only writing final answers.

Questions 14–18 appear in the middle portion of the uploaded PDF and cover qualitative characteristics, journal entries, bills of exchange, cost of goods sold and final-account treatment.

Second Terminal Examination 2018 Question Paper PDF – Section IV Analysis

Question	Topic	Question Requirement
19	Objectives of Accounting	Explain the major objectives.
20	Accounting concepts	Write short notes on selected concepts.
21	Journal Proper	List transactions normally recorded in Journal Proper.
22	Trial Balance	Select ledger accounts having debit balances.

Section IV	Analysis
Questions available	4
Questions to answer	Any 3
Marks per question	4
Total marks	12
Main focus	Conceptual understanding and classification
Difficulty	Moderate
Best preparation	Prepare definitions plus examples for every major accounting concept.

Questions 19–22 are visible on pages 7–8 of the uploaded paper.

Second Terminal Examination 2018 Question Paper PDF – Section V Analysis

Question	Topic	Main Skill
23	Cash Book	Prepare a Cash Book with cash and bank columns and balance it.
24	Bank Reconciliation Statement	Prepare BRS using differences between Cash Book and Pass Book.
25	Rectification of Errors	Pass necessary correcting entries.
26	Bills of Exchange	Record journal entries relating to acceptance, endorsement and dishonour.
27	Depreciation	Prepare Machinery Account under the Diminishing Balance Method.
28	Provision for Doubtful Debts	Pass adjustment and transfer entries.

Section V	Analysis
Questions	23–28
Instruction	Answer all
Marks per question	5
Total marks	30
Importance	This is the highest-scoring section of the paper.
Nature	Practical accounting problems
Preparation priority	Very High

The PDF places the six five-score questions in Section V. Pages 9–12 cover Cash Book, Bank Reconciliation Statement, rectification, bills of exchange, depreciation and provision for doubtful debts.

Second Terminal Examination 2018 Question Paper PDF – Cash Book Analysis

Element	Paper-Based Analysis
Question	23
Task	Prepare Cash Book with cash and bank columns and balance it.
Opening information	Cash in hand and bank overdraft are provided.
Transactions included	Bank deposit, cash purchase, cash received, cash withdrawal, cheque payment, personal withdrawal, commission received and salary paid.
Skill Required	Correct debit/credit treatment and balancing of Cash Book
Difficulty	Moderate to high
Preparation Tip	Practice contra entries and distinguish business transactions from personal drawings.

The actual transaction set is shown on page 9 of the uploaded PDF.

Second Terminal Examination 2018 Question Paper PDF – Bank Reconciliation Statement Analysis

Element	Paper-Based Analysis
Question	24
Date	31/03/2018
Starting balance	Balance as per Cash Book of Rs. 26,000
Adjustment 1	Cheque issued but not encashed – Rs. 2,000
Adjustment 2	Cheque deposited but not collected – Rs. 3,000
Adjustment 3	Interest credited in Pass Book only – Rs. 200
Main Skill	Understanding timing differences between Cash Book and Pass Book
Difficulty	Moderate

This exact BRS setup is visible on page 10 of the supplied PDF.

Second Terminal Examination 2018 Question Paper PDF – Rectification of Errors Analysis

Element	Examples Used in Paper
Question	25
Error Type	Salary paid to Murali incorrectly debited to his personal account
Error Type	Furniture purchase incorrectly charged to Purchases Account
Error Type	Owner’s personal withdrawal incorrectly treated as trade expense
Error Type	Sale of old furniture passed through Sales Book
Error Type	Building construction wages incorrectly debited to Wages Account
Required Answer	Necessary rectification entries
Difficulty	High

The question deliberately uses different types of accounting errors, making it necessary for students to identify the incorrect account before preparing the correction.

Second Terminal Examination 2018 Question Paper PDF – Bills of Exchange Analysis

Question	Focus
16	Identification of drawer, drawee and maturity date
26	More advanced bill transaction involving acceptance, endorsement, dishonour and noting/related charges
Concept progression	The paper moves from basic identification to accounting entries.
Preparation level	Students should know terminology first and journal treatment second.

Important Terms	Meaning to Revise
Drawer	Person who draws the bill
Drawee	Person on whom the bill is drawn
Acceptance	Agreement by the drawee to pay the bill
Endorsement	Transfer of bill rights to another party
Dishonour	Failure to honour the bill on maturity
Maturity	Date on which the bill becomes due for payment

The PDF uses Bills of Exchange in both short-answer and long-answer sections, showing that the topic carries conceptual as well as practical importance.

Second Terminal Examination 2018 Question Paper PDF – Depreciation Analysis

Question	Depreciation Component
12	Annual depreciation calculation
27	Machinery Account using Diminishing Balance Method
30	Adjustment entry for depreciation at 10% per annum
Overall Importance	High
Preparation Requirement	Students should understand both calculation and accounting treatment.

Question 12 Data	Value in Paper
Purchase price of machinery	Rs. 82,000
Installation wages	Rs. 3,000
Scrap value	Rs. 10,000
Estimated life	10 years

These figures are shown in Question 12 on page 5.

Second Terminal Examination 2018 Question Paper PDF – Final Accounts Analysis

Area	Where It Appears
Cost of Goods Sold	Question 17
Treatment of Bad Debts	Question 18
Outstanding Salary	Question 18
Accrued Interest	Question 18
Trading Account	Question 29
Profit and Loss Account	Question 29
Balance Sheet	Question 29
Adjustments	Questions 29 and 30

Second Terminal Examination 2018 Question Paper PDF – Question 29 Analysis

Component	Details Given in Paper
Question Type	Comprehensive final-account problem
Choice	Students answer either Question 29 or Question 30
Marks	8
Debits Provided	Drawings, cash in hand, cash at bank, wages, purchases, opening stock, buildings, sundry debtors, bills receivable, rent, commission, general expenses and furniture
Credit Balances	Capital, sales and sundry creditors
Additional Information	Closing stock, depreciation, bad debts, outstanding wages and prepaid rent
Required Work	Trading Account, Profit and Loss Account and Balance Sheet
Difficulty	High

The balances for Question 29 appear across pages 13–14. The debit-side total is shown as Rs. 4,05,000, with credit balances also balancing to Rs. 4,05,000 before adjustments.

Second Terminal Examination 2018 Question Paper PDF – Question 30 Analysis

Adjustment	Amount/Rate Given
Outstanding wages	Rs. 400
Prepaid salary	Rs. 5,000
Closing stock	Rs. 12,800
Accrued interest	Rs. 1,800
Unearned commission	Rs. 2,100
Provision for doubtful debts	5% of debtors
Book value of debtors	Rs. 60,000
Depreciation of machinery	10% p.a.
Book value of machinery	Rs. 43,200
Bad debts to be written off	Rs. 700

Skill Tested	Analysis
Adjustment identification	Students must recognize the accounting treatment of each adjustment.
Journal treatment	Adjustment entries are required.
Provision calculation	Percentage-based calculation is required.
Depreciation calculation	Students need to calculate the specified percentage on the given book value.
Difficulty	High

Question 30 is presented on page 15 and asks for necessary adjustment entries for eight different items.

Second Terminal Examination 2018 Question Paper PDF – Marks Distribution Analysis

Section	Marks	Share of 80 Marks	Priority for Preparation
Section I	6	7.5%	Medium
Section II	12	15%	High
Section III	12	15%	High
Section IV	12	15%	High
Section V	30	37.5%	Very High
Section VI	8	10%	Very High
Total	80	100%	—

Key Observation	Conclusion
Highest weight	Section V alone carries 30 marks.
Practical accounting	A major portion of the paper requires actual accounting treatment rather than simple definitions.
Final section	The 8-mark questions require comprehensive preparation.
Basic questions	Section I is useful for securing relatively direct marks.

Second Terminal Examination 2018 Question Paper PDF – Topic-Wise Priority

Priority	Topic	Reason
1	Final Accounts and Adjustments	Appears in several questions and includes the highest-level problem.
2	Cash Book	A complete five-score practical problem is included.
3	Bank Reconciliation Statement	A separate five-score question is included.
4	Rectification of Errors	A detailed five-score problem is included.
5	Depreciation	Appears in short and long questions.
6	Bills of Exchange	Appears at different difficulty levels.
7	Accounting Concepts	Repeated across objective and descriptive questions.
8	Trial Balance	Appears through account classification.
9	Capital and Revenue	Direct classification question.
10	Accounting Information	Tested through users and qualitative characteristics.

Second Terminal Examination 2018 Question Paper PDF – Difficulty Analysis

Difficulty	Typical Questions in This Paper	Preparation Needed
Easy	Basic identification and definitions	Revision of terminology
Easy–Moderate	Short conceptual explanations	Concept clarity
Moderate	Journal entries and classifications	Practice
Moderate–High	Depreciation and COGS calculations	Formula plus working
High	Cash Book, BRS and rectification	Repeated problem-solving
Very High	Final accounts and multiple adjustments	Complete chapter integration

Second Terminal Examination 2018 Question Paper PDF – What the Paper Tells About Preparation

Preparation Area	What Students Should Do
Definitions	Learn important accounting terms in simple language.
Concepts	Understand the reason behind each concept rather than memorising names alone.
Journal Entries	Practice different transaction types.
Calculations	Show every important step.
Cash Book	Practice both cash and bank columns.
BRS	Understand why each item causes a difference.
Rectification	First identify the wrong entry, then prepare the correcting entry.
Depreciation	Practice both formula-based and account-based questions.
Final Accounts	Know where each item belongs.
Adjustments	Learn the double effect of common adjustments.

Second Terminal Examination 2018 Question Paper PDF – Common Adjustment Areas

Adjustment	Accounting Area to Revise
Closing Stock	Trading Account and Balance Sheet treatment
Outstanding Wages	Expense adjustment and liability
Prepaid Salary	Expense reduction and current asset
Accrued Interest	Income recognition and asset treatment
Unearned Commission	Income adjustment and liability treatment
Bad Debts	Reduction in debtors and expense treatment
Provision for Doubtful Debts	Provision calculation and adjustment
Depreciation	Expense and reduction in asset value

Second Terminal Examination 2018 Question Paper PDF – Student Strategy

Stage	Recommended Approach
Before writing	Use the cool-off period to scan the paper and identify familiar questions.
Start with confidence	Attempt questions whose concepts are completely clear.
For numerical problems	Write the formula, working and final answer clearly.
For journal entries	Identify the accounts first and then apply debit-credit rules.
For BRS	Determine the starting balance and treatment of every difference.
For rectification	Find the incorrect account before passing the correction.
For final accounts	Separate trading items, profit-and-loss items, assets, liabilities and adjustments.
Before submission	Check totals, dates, amounts and headings.

Second Terminal Examination 2018 Question Paper PDF – Revision Checklist

Chapter/Area	Revision Status
Accounting Concepts	☐ Revise
Accounting Information	☐ Revise
Intangible Assets	☐ Revise
Journal	☐ Practice
Ledger	☐ Practice
Trial Balance	☐ Practice
Cash Book	☐ Practice
Bank Reconciliation Statement	☐ Practice
Bills of Exchange	☐ Practice
Depreciation	☐ Practice
Capital and Revenue	☐ Revise
Rectification of Errors	☐ Practice
Cost of Goods Sold	☐ Practice
Final Accounts	☐ Practice
Adjustments	☐ Practice
Provision for Doubtful Debts	☐ Practice

Second Terminal Examination 2018 Question Paper PDF – Why This PDF Is Useful

Use	Explanation
Exam Pattern Reference	The paper provides a clear example of how questions were distributed across marks.
Topic Revision	It brings several important Accountancy areas together in one paper.
Practice Material	The numerical questions can be used for timed practice.
Self-Assessment	Students can attempt the paper without looking at solutions and then identify weak areas.
Question-Type Understanding	It includes MCQ-style identification, short answers, journal entries, calculations and comprehensive problems.
Final Revision	The paper can serve as a broad revision test before an examination.

Second Terminal Examination 2018 Question Paper PDF – Overall Analysis

Analysis Point	Finding
Paper Length	15 pages
Maximum Score	80
Writing Duration	2½ hours
Cool-off Period	15 minutes
Total Questions	30
Highest-Weight Section	Section V – 30 marks
Highest Individual Question Value	8 marks
Strongest Numerical Component	Cash Book, BRS, Rectification, Depreciation and Final Accounts
Strongest Conceptual Component	Accounting concepts, accounting information, users and classification
Language Format	English and Malayalam
Overall Difficulty	The paper progresses from basic recall to multi-step accounting problems.
Best Preparation Method	Concept revision + written practice + numerical problem solving + adjustment practice

Second Terminal Examination 2018 Question Paper PDF – Final Conclusion

Conclusion	Content
Overall Assessment	The uploaded Second Terminal Examination 2018 paper is a well-structured First Year Higher Secondary Accountancy paper that moves from fundamental concepts to practical accounting applications.
Most Important Observation	Students cannot prepare successfully by memorising definitions alone because the paper contains substantial practical work.
Highest Priority	Cash Book, Bank Reconciliation Statement, Rectification of Errors, Depreciation, Bills of Exchange and Final Accounts deserve extensive practice.
Conceptual Revision	Accounting concepts, qualitative characteristics, users of accounting information and classification should also be revised carefully.
Numerical Practice	Students should practise complete problems with proper working, formats and adjustments.
Exam Strategy	The 15-minute cool-off period can be used to read the paper, identify familiar questions and plan the order of answering.
Final Takeaway	This PDF is especially useful as a complete revision and practice paper because it covers both theoretical and practical aspects of First Year Higher Secondary Accountancy.
Source Basis	All paper-specific observations above are based on the uploaded 15-page PDF, including its page images and visible question structure.