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प्रश्न
Following is the Balance Sheet of Mahi Traders for the year ended 31-3-2018 and 31-3-2019:
| Liabilities | 31-03-2018 (₹) | 31-03-2019 (₹) | Assets | 31-03-2018 (₹) | 31-03-2019 (₹) |
| Equity Share Capital | 1,60,000 | 1,60,000 | Fixed Assets | 2,40,000 | 2,88,000 |
| Pref. Shares Capital | 40,000 | 40,000 | Investment | 40,000 | 40,000 |
| Reserve and Surplus | 40,000 | 48,000 | Current Assets | 1,20,000 | 96,000 |
| Secured Loan | 80,000 | 32,000 | |||
| Unsecured Loan | 40,000 | 72,000 | |||
| Current Liabilities | 40,000 | 72,000 | |||
| 4,00,000 | 4,24,000 | 4,00,000 | 4,24,000 |
Prepare Common Size Balance Sheet for the year 31-03-2018 and 31-03-2019
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उत्तर
Common Size Statement of Balance Sheet of Mahi Traders as on 31st March, 2018 and 31st March, 2019
| Particulars | Amount (₹) | % to total of Balance Sheet | ||
| 31-03-2018 (₹) | 31-03-2019 (₹) | 31-03-2018 (₹) | 31-03-2019 (₹) | |
| I. Sources of Funds: | ||||
| (1) Owner's Equity: | ||||
| Equity Share Capital | 1,60,000 | 1,60,000 | 44.45 | 45.45 |
| Preference Shares Capital | 40,000 | 40,000 | 11.11 | 11.36 |
| Reserve and Surplus | 40,000 | 48,000 | 11.11 | 13.64 |
| Net Worth | 2,40,000 | 2,48,000 | 66.67 | 70.45 |
| (2) Borrowed Funds: | ||||
| Secured Loans | 80,000 | 32,000 | 22.22 | 9.09 |
| Unsecured Loans | 40,000 | 72,000 | 11,11 | 20.46 |
| 1,20,000 | 1,04,000 | 33.33 | 29.55 | |
| Total Borrowed Funds | 3,60,000 | 3,52,000 | 100 | 100 |
| II. Application of Funds: | ||||
| (1) Fixed Assets | 2,40,000 | 2,88,000 | 66.67 | 81.82 |
| (2) Investments | 40,000 | 40,000 | 11.11 | 11.36 |
| 2,80,000 | 3,28,000 | 77.78 | 93.18 | |
| (3) Working Capital: | ||||
| (A) Current Assets | 1,20,000 | 96,000 | 33.33 | 27.27 |
| Less: (B) Current Liabilities | 40,000 | 72,000 | 11.11 | 20.45 |
| 80,000 | 24,000 | 22.22 | 6.82 | |
| Total Funds Applied | 3,60,000 | 3,52,000 | 100 | 100 |
Note: Taking Total borrowed funds and Total funds applied as base (100), calculation is done.
For example, % to total of Balance Sheet
`= "Value of equity share capital"/"Total borrowed funds" xx 100`
`= (1,60,000)/(3,60,000) xx 100`
≅ 44.45 %
Similarly other calculations can be done.
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संबंधित प्रश्न
Capital balance is ascertained by preparing....................................
- Statement of affairs
- Cash account
- Drawing account
- Debtor’s account
Balance sheet is a nominal account.
State the significance of Analysis of Financial Statements to the ‘Lenders’.
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 |
State whether following statement is true or false :
Analysis of financial statement is a tool but not a remedy.
Select the appropriate answer from the alternatives given below & rewrite the completed statement:
The methodical classification of financial statement is called _____________.
Select the appropriate answer from the alternatives given below & rewrite the completed statement
Cash proceeds from issue of debentures is _______________.
Select the appropriate answer from the alternatives given below & rewrite the completed statement
From financial statement analysis, the creditors are interested to know _____________.
Answer the following in brief :
State any three limitations of Analysis of financial statement.
What is ‘analysis’ of financial statement?
Explain the limitations of analysis of financial statements.
The Common Size Statement requires _________.
State true or false with reason.
Dividend paid is not a source of fund
State true or false with reason.
Ratio analysis measures profitability efficiency and financial soundness of the business.
Answer in one sentence only.
Give any three examples of current assets?
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 |
Balance sheet provides information about the financial position of a business concern
Which of the following is a tool of Analysis of Financial Statements?
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?
- Bills Receivable
- Securities premium reserve
- Calls in advance
Which of the following are not tools of Financial Analysis?
- Cash Flow Statement
- Income Statement
- Balance Sheet
- 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.
Convert the following Trading and Profit and Loss Account into Vertical Income Statement:
| Dr. | Trading, Profit and Loss Account (for the year ended 31st March, 2020) |
Cr. | |
| Particulars | Amount (₹) |
Particulars | Amount (₹) |
| To Opening stock | 50,000 | By Sales | 6,00,000 |
| To Purchases | 4,50,000 | By Closing Stock | 1,50,000 |
| To Carriage | 20,000 | ||
| To Direct expenses | 30,000 | ||
| To Wages | 50,000 | ||
| To Gross Profit c/d | 1,50,000 | ||
| Total | 7,50,000 | 7,50,000 | |
| To Office expenses | 62,500 | By Gross Profit b/d | 1,50,000 |
| To Finance expenses | 15,000 | ||
| To Selling expenses | 50,000 | ||
| To Net Profit c/d | 22,500 | ||
| Total | 1,50,000 | 1,50,000 | |
