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Question
Which of the following is a tool of Analysis of Financial Statements?
Options
Statement of Profit & Loss
Ratio Analysis
Balance Sheet
Notes to Accounts
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Solution
Ratio Analysis
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| Loose Tools | Trade Receivables |
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|
Details |
Amount Rs |
|
Match expenses (Paid during the year 2009-2010) |
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|
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|
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|
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| 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 |
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| To Wages | 50,000 | ||
| To Gross Profit c/d | 1,50,000 | ||
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