हिंदी
तमिलनाडु बोर्ड ऑफ सेकेंडरी एज्युकेशनएचएससी वाणिज्य कक्षा १२

The financial statements do not exhibit - Accountancy

Advertisements
Advertisements

प्रश्न

The financial statements do not exhibit

विकल्प

  • Non-monetary data

  • Past data

  • Comparative statement

  • Standard costing

MCQ

उत्तर

Non-monetary data

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Financial Statement Analysis - Multiple choice questions [पृष्ठ २८५]

APPEARS IN

सामाचीर कलवी Accountancy [English] Class 12 TN Board
अध्याय 8 Financial Statement Analysis
Multiple choice questions | Q I 4. | पृष्ठ २८५

संबंधित प्रश्न

From the following information prepare the balance sheet of Jam Ltd. as per the (revised) Schedule VI:

Inventories Rs. 7,00,000; Equity Share Capital Rs. 16,00,000; Plant and Machinery Rs. 8,00,000; Preference Share Capital Rs. 6,00,000; General Reserves Rs. 6,00,000; Bills payable Rs. 1,50,000; Provision for taxation Rs. 2,50,000; Land and Building Rs. 16,00,000; Noncurrent Investments Rs. 10,00,000; Cash at Bank Rs. 5,00,000;Creditors Rs. 2,00,000; 12% Debentures Rs. 12,00,000.


Prepare the balance sheet of Jyoti Ltd. as at March 31, 2017 from the following information:

Building Rs. 10,00,000; Investments in the shares of Metro Tyers Rs. 3,00,000; Stores & Spares Rs. 1,00,000; Discount on issue of 10% debentures Rs. 10,000; Statement of Profit and Loss (Dr.) Rs. 90,000; 5,00,000 Equity Shares of Rs. 20 each fully paid-up; Capital Redemption Reserve Rs. 1,00,000; 10% Debentures Rs. 3,00,000; Unpaid dividends Rs. 90,000; Share options outstanding account Rs. 10,000.


Prepare a balance sheet of Black Swan Ltd., as at March 31, 2017 form the following information:

General Reserve : 3,000
10% Debentures : 3,000
Statement of Profit & Loss : 1,200
Depreciation on fixed assets : 700
Gross Block : 9,000
Current Liabilities : 2,500
Preliminary Expenses : 300
6% Preference Share Capital : 5,000
Cash & Cash Equivalents : 6,100

Name the itmes that are shown under Long-term Borrowings.


Bank overdraft is shown in the balance sheet under the ______.


Name the expenses that are incurred in connection with the formation of a company?


What are the components of income statement?


What are the limitations of financial statements?


Purchase of goods for reselling is shown in the Statement of Profit and Loss under ______.


Richa and Anmol are partners sharing profits in the ratio of 3 : 2 with capitals of ₹ 2,50,000 and ₹ 1,50,000 respectively. Interest on capital is agreed @6% p.a. Anmol is to be allowed an annual salary of ₹ 12,500. During the year ended 31st March 2023, the profits of the year prior to calculation of interest on capital but after charging Anmol’s salary amounted to ₹ 62,000. A provision of 5% of this profit is to be made in respect of manager’s commission.

Following is their Profit & Loss Appropriation Account:

Particulars (₹) Particulars (₹)
To Interest on Capital   By Profit & loss account (After manager’s commission) __(2)__
Richa ______    
Anmol ______    
To Anmol’s Salary a/c 12,500    
To Profit transferred to: Richa’s Capital A/C (1) __(1)__    
Anmol’s Capital A/c ______    
  ______   ______

The amount to be reflected in blank (2) will be:


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×