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Expenses for a business for the first year were ₹ 80,000. In the second year, it was increased to ₹ 88,000. What is the trend percentage in the second year? - Accountancy

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प्रश्न

Expenses for a business for the first year were ₹ 80,000. In the second year, it was increased to ₹ 88,000. What is the trend percentage in the second year?

पर्याय

  • 10%

  • 110%

  • 90%

  • 11%

MCQ
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उत्तर

110%

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 8: Financial Statement Analysis - Multiple choice questions [पृष्ठ २८६]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
पाठ 8 Financial Statement Analysis
Multiple choice questions | Q I 10. | पृष्ठ २८६

संबंधित प्रश्‍न

From the following information prepare the balance sheet of Gitanjali Ltd., as per the (Revised) Schedule VI:

Inventories Rs. 14,00,000; Equity Share Capital Rs. 20,00,000; Plant and Machinery Rs. 10,00,000; Preference Share Capital Rs. 12,00,000; Debenture Redemption Reserve Rs. 6,00,000; Outstanding Expenses Rs. 3,00,000; Proposed Dividend Rs. 5,00,000; Land and Building Rs. 20,00,000; Current Investments Rs. 8,00,000; Cash Equivalent Rs. 10,00,000; Short term loan from Zaveri Ltd. (A Subsidiary Company of Twilight Ltd.) Rs. 4,00,000; Public Deposits Rs. 12,00,000.


State giving reason whether Trade Receivables are classified as Current Assets or Non-current Assets in the Balance Sheet of a Company as per Schedule III of the Companies Act, 2013 in the following cases. 

Case Operating cycle Period (months) Expected realization period (months)
1 10 11
2 10 12
3 10 13
4 14 13
5 15 16

Under which heads the following items on the Assets part of the Balance Sheet of a company will be presented?

(i) Sundry Debtors

(ii) Patents and Trademarks

(iii) Shares in Quoted Companies

(iv) Advances recoverable in cash

(v) Prepaid Insurance and

(vi) Worl-in-Progress (Machinery)?


Identify which of the following items will be shown in the Note to Accounts on Other Expenses?

(i) Salaries;

(ii) Postage Expenses;

(iii) Telephone and Internet Expenses;

(iv) Rent for warehouse;

(v) Carriage Inwards;

(vi) Depreciation on computers;

(vii) Computer Software amortised;

(viii) Computer Hiring Charges;

(ix) Audit fee;

(x) Bonus.


State under which major headings and sub-headings the following items will be presented in the Balance Sheet of a company as per Schedule III of the Companies Act, 2013:
(i) Capital Reserve;
(ii) Calls-in-Advance;
(iii) Loose Tools; and
(iv) Bank overdraft.


What are the objectives of financial statements? They provides ______.


Financial statements are the ______ of information for interested parties.


What are the limitations of financial statements?


What are the items shown under the heading of "Investments" in the balance sheet?


The financial statements of a business enterprise include ______.


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