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HSC Commerce (English Medium) १२ वीं कक्षा - Maharashtra State Board Question Bank Solutions for Book Keeping and Accountancy

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Book Keeping and Accountancy
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Find odd one.

[2] Partnership Final Accounts
Chapter: [2] Partnership Final Accounts
Concept: undefined >> undefined

New Ratio (less) ______ = Gain ratio

[4] Reconstitution of Partnership (Retirement of Partner)
Chapter: [4] Reconstitution of Partnership (Retirement of Partner)
Concept: undefined >> undefined

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Find the odd one.

[2] Partnership Final Accounts
Chapter: [2] Partnership Final Accounts
Concept: undefined >> undefined

Find odd one.

[2] Partnership Final Accounts
Chapter: [2] Partnership Final Accounts
Concept: undefined >> undefined

New Ratio (less) ______ = Gain ratio. 

[4] Reconstitution of Partnership (Retirement of Partner)
Chapter: [4] Reconstitution of Partnership (Retirement of Partner)
Concept: undefined >> undefined

New Ratio (less) _________ = Gain ratio

[4] Reconstitution of Partnership (Retirement of Partner)
Chapter: [4] Reconstitution of Partnership (Retirement of Partner)
Concept: undefined >> undefined

Find odd one.

[2] Partnership Final Accounts
Chapter: [2] Partnership Final Accounts
Concept: undefined >> undefined

New Ratio (less) ______ = Gain ratio.

[4] Reconstitution of Partnership (Retirement of Partner)
Chapter: [4] Reconstitution of Partnership (Retirement of Partner)
Concept: undefined >> undefined

Give word / term or phrase for the following statement.

Excess of income over expenditure of a ‘not for profit’ concern.

[2] Accounts of ‘Not for Profit’ Concerns
Chapter: [2] Accounts of ‘Not for Profit’ Concerns
Concept: undefined >> undefined

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

An asset which can be converted into cash immediately.

[9] Analysis of Financial Statements
Chapter: [9] Analysis of Financial Statements
Concept: undefined >> undefined

Capital balance is ascertained by preparing....................................

  1. Statement of affairs
  2. Cash account
  3. Drawing account
  4. Debtor’s account
[9] Analysis of Financial Statements
Chapter: [9] Analysis of Financial Statements
Concept: undefined >> undefined

Balance sheet is a nominal account.

[9] Analysis of Financial Statements
Chapter: [9] Analysis of Financial Statements
Concept: undefined >> undefined

State the objectives of financial statements from the view point of a business concern.

[9] Analysis of Financial Statements
Chapter: [9] Analysis of Financial Statements
Concept: undefined >> undefined

What do you mean by Analysis of Financial Statement?

[9] Analysis of Financial Statements
Chapter: [9] Analysis of Financial Statements
Concept: undefined >> undefined

Excess of expenditure over income of 'not for profit' concerns.

[2] Accounts of ‘Not for Profit’ Concerns
Chapter: [2] Accounts of ‘Not for Profit’ Concerns
Concept: undefined >> undefined

State any one limitation of Analysis of Financial Statement.

[9] Analysis of Financial Statements
Chapter: [9] Analysis of Financial Statements
Concept: undefined >> undefined

State and explain any 'four objectives' of financial statement analysis from the business point of view.

[9] Analysis of Financial Statements
Chapter: [9] Analysis of Financial Statements
Concept: undefined >> undefined
Government is not interested in the analysis of financial statement.
[9] Analysis of Financial Statements
Chapter: [9] Analysis of Financial Statements
Concept: undefined >> undefined

State true or false with reason.

Gross Profit depends upon Net Sales.

[9] Analysis of Financial Statements
Chapter: [9] Analysis of Financial Statements
Concept: undefined >> undefined

State and explain any 'four objectives' of analysis of financial statement from a business concern's point of view.

[9] Analysis of Financial Statements
Chapter: [9] Analysis of Financial Statements
Concept: undefined >> undefined
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