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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?

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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%

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उत्तर

110%

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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

Name the itmes that are shown under Long-term Borrowings.


A company has an opening credit balance in Surplus, i.e., Balance in Statement of Profit and Loss of ₹ 1,00,000. During the year, it earned a profit of ₹ 75,000. It decided to transfer ₹ 15,000 to Debentures Redemption Reserve (DRR) and also proposed to pay dividend of ₹ 25,000.
How will be the appropriations shown in the financial statements? 


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.


The financial statements do not exhibit


___________ is conducted by bankers and government.


The statement which shows the assets and liabilities of a company is known as ______.


Consider the following statements.

Statement 1 - "Recorded facts are based on replacement cost"

Statement 2 - "Recorded facts are not based on replacement cost"


Name the expenses that are incurred in connection with the formation of a company?


As per Schedule III, Part I of the Companies Act, 2013 'calls-in-arrears' will be presented under which of the following head/sub-head, in the Balance Sheet of a company?


Nitya, Shreya and Ishita are partners in a firm. They share profits in the ratio of 5 : 3 : 2. Their fixed capitals are ₹ 1,80,000; ₹ 1,60,000 and ₹ 2,00,000 respectively. For the year ending 31st March 2022, Nitya withdrew ₹ 7,500 at the end of every quarter.

The average number of months for which interest on drawings will be calculated will be:


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