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

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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

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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

Give one word/term/phrase for the following statement.

An asset which can be converted into cash immediately.


One of the objectives of ‘Financial Statements Analysis’ is to identify the reasons for change in the financial position of the enterprise, State two more objectives of this analysis.


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
Bills payable is _____________.


Give one word/term/phrase for the following statement.

Statement showing changes in cash and cash equivalent during a particular period.


Prepare Comparative Balance Sheet for the year ended 31.3.18 and 31.3.19 Assets & Liabilities as follows:

Particulars 31.3.18 (₹) 31.3.19 (₹)
1) Fixed Assets 120,000 1,50,000
2) Share Capital 60,000 72,000
3) Current Assets 28,000 27,000
4) Reserve & Surplus 24,000 30,000
5) Loan 34,000 51,000
6) Current liabilities 30,000 24,000

Under which major heads and sub-heads will the following items be presented in the Balance Sheet of the company as per Schedule III, Part I of the Companies Act, 2013?

  1. Bills Receivable
  2. Securities premium reserve
  3. Calls in advance

Which of the following are not tools of Financial Analysis?

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

It is technique which involves regrouping of data by application of arithmetical relationships. Identify the technique and state any two advantages of the technique identified.


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