12th Standard Syllabus & Materials
12th Standard
TN 12th Standard Biology Zoology - Reproduction in Organisms Creative Questions Study Material - QB365 Set D
NEW12th Standard
TN 12th Standard Biology Zoology - Reproduction in Organisms Creative Questions Study Material - QB365 Set C
NEW12th Standard
TN 12th Standard Biology Zoology - Reproduction in Organisms Creative Questions Study Material - QB365 Set B
NEW12th Standard
TN 12th Standard Biology Zoology - Reproduction in Organisms Creative Questions Study Material - QB365 Set A
NEW12th Standard
TN 12th Standard Physics Electronics and Communication Creative Questions Study Material - QB365 Set D
NEW12th Standard
TN 12th Standard Physics Electronics and Communication Creative Questions Study Material - QB365 Set C
Published on: 13/05/2022
QB365 provides detailed and simple solution for every
Creative Questions in class 12 Accountancy Subject. It will helps to get more idea about question pattern in
every Creative questions with solution.
Download Tamil Nadu 12th Standard Accountancy question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Accountancy Test
1.
From the following information, calculate trade percentages for Malar Ltd
| Particulars | Rs. In lakhs | ||
|---|---|---|---|
| 2015-16 | 2016-17 | 2017-18 | |
| Revenue from operations | 100 | 120 | 160 |
| Other income | 20 | 24 | 20 |
| Expenses | 20 | 14 | 40 |
| Income tax | 30% | 30% | 30% |
2.
Prepare common-size statement of financial position of Raheem Ltd as on 31st March 2016 and 31st March 2018.
| Particulars | 31st March 2016 | 31st March 2017 |
|---|---|---|
| Rs. | Rs. | |
| I. Equity and liabilities | ||
| l. Shareholders fund | ||
| a. Share capital | 5,00,000 | 6,00,000 |
| b. Reserve and surplus | 4,00,000 | 3,60,000 |
| 2. Non-current liabilities | ||
| Long-term borrowings | 8,00,000 | 2,40,000 |
| 3. Current liabilities | ||
| Trade payables | 30,000 | - |
| Total | 20,00,000 | 12,00,000 |
| II. Assets | ||
| l. Non-current assets | ||
| a. Fixed assets | 10,00,000 | 6,00,000 |
| b. Non-current investments | 5,00,000 | 2,40,000 |
| 2. Current assets | ||
| Inventories | 3,00,000 | 1,20,000 |
| Cash and cash equipments | 2,00,000 | 2,40,000 |
| Total | 20,00,000 | 12,00,000 |
3.
From the following particulars of Vijay Ltd, prepare common size income statement for the year ended 31st March 2017 and 31st March 2018
4.
From the following balance sheet of Gupta ltd, prepare comparative balance sheet as on 31st March 2017 and 31st March 2018.
| Particulars | 31st March 2017 | 31st March 2018 |
|---|---|---|
| Rs. | Rs. | |
| I. Equity and liabilities | ||
| shareholder's fund | 2,00,000 | 5,20,000 |
| Non-current liabilities | 1,00,000 | 1,20,000 |
| Current liabilities | 50,000 | 60,000 |
| Total | 3,50,000 | 7,00,000 |
| II. Assets | ||
| Non-current assets | 2,00,000 | 4,00,000 |
| Current assets | 1,50,000 | 3,00,000 |
| Total | 3,50,000 | 7,00,000 |
5.
From the following particulars, prepare comparative income statement of Sivakami co Ltd
| Particulars | 2016-17 Rs. |
2017-2018 Rs. |
|---|---|---|
| Revenue from operations | 4,00,000 | 5,00,000 |
| other income | 1,00,000 | 80,000 |
| Expenses | 3,00,000 | 2,40,000 |
1.
| Particular | Rs.In lakshs | Trends percentage | ||||
|---|---|---|---|---|---|---|
| 2015-16 | 2016-17 | 2017-18 | 2015-16 | 2016-17 | 2017-18 | |
| Revenue from operations | 100 | 120 | 160 | 100 | 120 | 160 |
| Add: other income | 20 | 24 | 20 | 100 | 120 | 100 |
| Total revenue | 120 | 144 | 180 | 100 | 120 | 150 |
| Less: Expenses | 20 | 14 | 40 | 100 | 70 | 200 |
| Profit before tax | 100 | 130 | 140 | 100 | 130 | 140 |
| Less: Income tax (30 %) | 30 | 39 | 42 | 100 | 130 | 140 |
| Profit after tax | 70 | 91 | 98 | 100 | 130 | 140 |
2.
| Particulars | Absolute amount on 31st March 2016 |
Percentage of total assets on 31st March 2016 |
Absolute amount on 31st March 2017 |
Percentage of total assets on 31st March 2017 |
|---|---|---|---|---|
| Rs. | Rs. | |||
| I. Equity and liabilities | ||||
| l. Shareholders fund | ||||
| a. Share capital | 5,00,000 | 25 | 6,00,000 | 50 |
| b. Reserve and surplus | 4,00,000 | 20 | 3,60,000 | 30 |
| 2. Non-current liabilities | ||||
| Long-term borrowings | 8,00,000 | 40 | 2,40,000 | 20 |
| 3. Current liabilities | ||||
| Trade payables | 30,000 | 15 | - | - |
| Total | 20,00,000 | 100 | 12,00,000 | 100 |
| II. Assets | ||||
| l. Non-current assets | ||||
| a. Fixed assets | 10,00,000 | 50 | 6,00,000 | 50 |
| b. Non-current investments | 5,00,000 | 25 | 2,40,000 | 20 |
| 2. Current assets | ||||
| Inventories | 3,00,000 | 15 | 1,20,000 | 10 |
| Cash and cash equipments | 2,00,000 | 10 | 2,40,000 | 20 |
| Total | 20,00,000 | 100 | 12,00,000 | 100 |
3.
Common-size income statement of Vijay Ltd for the year ended 3st March 2017 and 31st March 2018
| Particulars | Absolute amount 2016-17 |
Percentage of revenue from operations for 2016-17 |
Absolute amount 2017-18 |
Percentage of revenue from operations for 2017-18 |
|---|---|---|---|---|
| Rs. | Rs. | Rs. | ||
| Revenue from operations | 4,00,000 | 100 | 6,00,000 | 100 |
| Add: other income | 50,000 | 12.50 | 1,50,000 | 25 |
| Total revenue | 4,50,000 | 112.50 | 7,50,000 | 125 |
| Less: Expenses | 5,00,000 | 125 | 3,00,000 | 50 |
| Profit / Loss before tax | - 50,000 | - 12.50 | 10,50,000 | 125 |
| Less: Income Tax (40 %) | - | - | 4,20,000 | 70 |
| Profit before tax | - 50,000 | - 12.50 | 6,30,000 | 55 |
4.
Solution:
| Particulars | 2016-17 (Rs.) |
2017-18 (Rs.) |
Absolute amount of increase (+) or decrease (-) |
Percentage increase (+) or decrease (-) |
| Rs. | Rs. | Rs. | ||
| I. Equity and liabilities | ||||
| Shareholder's fund | 2,00,000 | 5,20,000 | + 3,20,00 | + 160 |
| Non-current liabilities | 1,00,000 | 1,20,000 | + 20,000 | + 20 |
| Current liabilities | 50,000 | 60,000 | + 10,000 | +20 |
| Total | 3,50,000 | 7,00,000 | 3,50,000 | + 100 |
| II. Assets | ||||
| Non-current assets | 2,00,000 | 4,00,000 | + 2,00,000 | + 100 |
| Current assets | 1,50,000 | 3,00,000 | + 1,50,000 | + 100 |
| Total | 3,50,000 | 7,00,000 | 3,50,000 | + 100 |
5.
| Particulars | 2016-17 | 2017-18 | Absolute amount ofincrease of increase (+) or decrease (-) | Percentage increase (+) or decrease (-) |
|---|---|---|---|---|
| Rs. | Rs. | Rs. | ||
| Revenue from operations | 4,00,000 | 5,00,000 | + 1,00,000 | + 25 |
| Add: Other income | 1,00,000 | 80,000 | - 20,000 | - 20 |
| Total revenue | 5,00,000 | 5,80,000 | 80,000 | +16 |
| Less: Expenses | 3,00,000 | 2,40,000 | - 60,000 | - 20 |
| Profit before tax | 2,00,000 | 3,40,000 | 1,40,000 | 70% |
Percentage increase for revenue from operations = \(\frac{1,00,000}{4,00,000}\) x 100 = 25%
Percentage decrease for other income = \(\frac{-20,000}{1,00,000}\) x 100 = -20%
Percentage increase for total revenue = \(\frac{10,80,000}{5,00,000}\) x 100 = 16%
Percentage increase for Expense = \(\frac{-60,000}{3,00,000}\) x 100 = 20%
Percentage increase for profit before tax = \(\frac{1,40,000}{2,00,000}\) x 100 = 70%
12th Standard Syllabus & Materials
12th Standard
TN 12th Standard Physics Electronics and Communication Creative Questions Study Material - QB365 Set B
NEW12th Standard
TN 12th Standard Physics Electronics and Communication Creative Questions Study Material - QB365 Set A
NEW12th Standard
TN 12th Standard Physics Wave Optics Creative Questions Study Material - QB365 Set D
NEW12th Standard
TN 12th Standard Physics Wave Optics Creative Questions Study Material - QB365 Set C
Tamilnadu Stateboard 12th Standard Subjects
Maths
Chemistry
Physics
Biology
Computer Science
Business Maths and Statistics
Economics
Commerce
Accountancy
History
Computer Applications
Biology
Computer Technology
Computer Applications
Computer Science
Business Maths and Statistics
Commerce
Economics
Maths
Chemistry
Physics
Computer Technology
History
Accountancy
Tamil
English
French
Tamilnadu Stateboard Standards
