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The term fund’ refers to - Accountancy

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प्रश्न

The term fund’ refers to

पर्याय

  • Current liabilities

  • Working capital

  • Fixed assets

  • Non-current assets

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उत्तर

Working capital

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पाठ 8: Financial Statement Analysis - Multiple choice questions [पृष्ठ २८५]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
पाठ 8 Financial Statement Analysis
Multiple choice questions | Q I 6. | पृष्ठ २८५

संबंधित प्रश्‍न

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


State any one limitation of Analysis of Financial Statement.


Government is not interested in the 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 whether following statement are true or false :
Financial statements include only balance sheet.


State whether following statement is true or false :
Analysis of financial statement is a tool but not a remedy.


The Common Size Statement requires _________.


State true or false with reason.

Ratio analysis measures profitability efficiency and financial soundness of the business.


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


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

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