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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
Give one word/term/phrase for the following statement.
An asset which can be converted into cash immediately.
Balance sheet is a nominal account.
What do you mean by Analysis of Financial Statement?
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.
State any one limitation of 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 |
State and explain any 'four objectives' of analysis of financial statement from a business concern's point of view.
State whether following statement are true or false :
Financial statements include only balance sheet.
State whether following statement is true or false :
Government is not interested in analysis of financial statement.
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
Bills payable is _____________.
Select the appropriate answer from the alternatives given below & rewrite the completed statement
From financial statement analysis, the creditors are interested to know _____________.
State whether following statement is true or false :
Analysis of financial statement is a tool but not a remedy.
What is ‘analysis’ of financial statement?
The Common Size Statement requires _________.
Give one word/term/phrase for the following statement.
The statement showing financial position for different periods of previous year and current year.
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?
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 are not tools of Financial Analysis?
- Cash Flow Statement
- Income Statement
- Balance Sheet
- Ratio Analysis
