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Balance sheet provides information about the financial position of a business concern

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प्रश्न

Balance sheet provides information about the financial position of a business concern

विकल्प

  • Over a period of time

  • As on a particular date

  • For a period of time

  • For the accounting period

MCQ
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उत्तर

As on a particular date

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Financial Statement Analysis - Multiple choice questions [पृष्ठ २८५]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
अध्याय 8 Financial Statement Analysis
Multiple choice questions | Q I 2. | पृष्ठ २८५

संबंधित प्रश्न

Balance sheet is a nominal account.


Government is not interested in the analysis of financial statement.

From the following information of a club show the amounts of match expenses and match fund in the Financial Statement of the Club for the year ended on 31st March, 2009 and 31st March, 2010. 

                                 Details

Amount

Rs

Match expenses (Paid during the year 2009-2010)

30,000

Match Fund (as on 31-3-2009)

17,000

Donation for Match Fund (Received during the year 2009 – 2010)

9,000

Proceeds from the sale of match tickets (Received during the year 2009-2010)

3,000

 


Select the appropriate answer from the alternatives given below & rewrite the completed statement
From financial statement analysis, the creditors are interested to know _____________.


The Common Size Statement requires _________.


State true or false with reason.

Ratio analysis measures profitability efficiency and financial soundness of the business.


Which of the following statements is not true?


Convert following Trading Account and Profit and Loss Account into Vertical Income Statement:

Dr. Trading, Profit and Loss Account
for the year ended as on 31st March,2020 
Cr.
Particulars Amount ₹ Particulars Amount ₹
To Opening stock 20,000 By Sales 1,20,000
To Purchases 90,000 By Closing Stock 30,000
To Carriage inward 500    
To Wages 10,000    
To Gross Profit c/d 29,500    
Total 1,50,000 Total  1,50,000
To Office expenses 12,500 By Gross Profit b/d 29,500
To Selling expenses 10,000    
To Finance expenses 3,000    
To Net Profit c/d 4,000    
  29,500   29,500

Which of the following is a tool of Analysis of Financial Statements?


Which of the following are not tools of Financial Analysis?

  1. Cash Flow Statement
  2. Income Statement
  3. Balance Sheet
  4. Ratio Analysis

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