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12th Standard English Medium Accountancy Subject Financial Statement Analysis Book Back 2 Mark Questions with Solution Part - II Question Bank Software Jun-02 , 2021

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12th Standard English Medium Accountancy Subject Financial Statement Analysis Book Back 2 Mark Questions with Solution Part - II

12th Standard English Medium Accountancy Subject Financial Statement Analysis Book Back 2 Mark Questions with Solution Part - II

12th Standard

    Reg.No. :
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Accountancy

Time : 00:30:00 Hrs
Total Marks : 10

    Part I

    5 x 2 = 10

  1. From the following particulars, prepare comparative income statement of Abdul Co. Ltd.

    Particulars 2015-16
    Rs.    		 2016-17
    Rs.
    Revenue from operations 3,00,000 3,60,000
    Other income 1,00,000 60,000
    Expenses 2,00,000 1,80,000
    Income tax 30% 30%

  2. From the following balance sheet of Chandra Ltd, prepare comparative balance sheet as on 31st March 2016 and 31st March 2017.

    Particulars 31st March 2016 31st March 2017
      Rs. Rs.
    I EQUITY AND LIABILITIES    
    Shareholders’ fund 1,00,000 2,60,000
    Non-current liabilities 50,000 60,000
    Current liabilities 25,000 30,000
    Total 1,75,000 3,50,000
    II ASSETS 1,00,000 2,00,000
    Current assets 75,000 1,50,000
    Total 1,75,000 3,50,000

  3. What are financial statements?

  4. List the tools of financial statement analysis.

  5. What is working capital?

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