Karnataka 2nd PUC Accounts 2 Marks Important Questions 2025: As the 2nd PUC Accounts paper is just around the corner, students must practice as many questions as possible. The question paper will be divided into four sections: Sections A, B, C, and D. Out of the four sections, Section B will comprise 2 mark questions. In Section B, students can get enough scope to secure maximum marks, so it is vital to understand the chapters from where short answer questions can be expected.
Based on previous year paper analysis and chapter blueprints, we have prepared Karnataka 2nd PUC Accounts 2 marks important questions. Students are advised to practice these questions regularly to increase their efficiency and accuracy in solving papers on exam day.
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Discover the chapter-wise Karnataka 2nd PUC Accounts 2 marks questions in the table below:
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Chapters
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2 Marks Questions
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Accounting for Partnership-Basic Concepts
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- Define Partnership.
- Explain a partnership deed.
- Mention two specific aspects of partnership accounts.
- Difference between fixed and fluctuating capital methods.
- What is meant by past adjustments?
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Reconstitution of a Partnership Firm
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- Define Gain Ratio.
- Discuss any two circumstances for a partner’s retirement.
- State any two disposals of the amount as a result of a partner’s retirement.
- What can be ways to settle claims of a deceased partner? Mention any two.
- What do you mean by accrued profit?
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Accounting for Share Capital
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- What is meant by a company?
- Define prospectus.
- What are the two methods of issue of shares?
- Mention any two categories of share capital.
- Discuss any two features of a company.
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Financial Statements of Company
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- How are current assets different from non-current assets?
- Discuss the ways in which you will disclose the given items in the balance sheet of a company: a) Loose Tools b) Proposed Dividends
- What is meant by a financial statement?
- What are the benefits of financial statements?
- State any two objectives of financial statements.
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Cash Flow Statement
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- What are investing activities?
- Define cash flow statements
- What are the uses of cash flow statements?
- Mention two activities that can be classified as AS-3.
- Mention any two objectives of the cash flow statement.
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Students have to practice Karnataka 2nd PUC Accounts 2 marks questions from five chapters including partnership basic concepts, financial statement of company, etc.
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