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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.
Capital balance is ascertained by preparing....................................
- Statement of affairs
- Cash account
- Drawing account
- Debtor’s account
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.
State and explain any 'four objectives' of financial statement analysis from the business point of view.
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 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 _____________.
Give one word/term/ phrase for the following statement
Critical evaluation of financial statement to measure profitability.
Answer the following in brief :
What do you mean by analysis of financial statements?
The Common Size Statement requires _________.
State true or false with reason.
Dividend paid is not a source of fund
Answer in one sentence only.
State the formula of Cost of goods sold?
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 |
Which of the following statements is not true?
The term fund’ refers to
Which of the following is a tool of Analysis of Financial Statements?
Which of the following are not tools of Financial Analysis?
- Cash Flow Statement
- Income Statement
- Balance Sheet
- Ratio Analysis
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 | |
