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प्रश्न
Prepare Comparative Income Statement of Noha Limited for the year ended 31.3.17 and 31.3.18
| Particulars | 31.3.17 (₹) | 31.3.18 (₹) |
| Sales | 2,00,000 | 3,00,000 |
| Income Tax | 50% | 50% |
| Cost of Sales | 1,20,000 | 80,000 |
| Indirect Expenses | 8,000 | 12,000 |
उत्तर
| Comparative Income Statement of Noha Limited For the year ended 31st March, 2017 and 31st March, 2018 | ||||
| Particulars | 31 – 03 – 2017 (₹) | 31 – 03 – 2018 (₹) | Absolute Change (₹) | Percentage Change |
| Sales | 2,00,000 | 3,00,000 | 1,00,000 | 50 % Increase |
| Less: Cost of Sales | 1,20,000 | 80,000 | (40,000) | (33.33 %) Decrease |
| Gross Profit | 80,000 | 2,20,000 | 1,40,000 | 175 % Increase |
| Less : Indirect Expenses | 8,000 | 12,000 | 4,000 | 50 % Increase |
| Net Profit before Tax | 72,000 | 2,08,000 | 1,36,000 | 188.89 % Increase |
| Less : Tax 50 % | 36,000 | 1,04,000 | 68,000 | 188.89 % Increase |
| Net Profit after Tax | 36,000 | 1,04,000 | 68,000 | 188.89 % Increase |
संबंधित प्रश्न
Cost of goods sold __________.
Give one word/term/phrase for the following statement.
The ratio measuring the relationship between net profit and ownership capital employed.
State true or false with reason.
Purchase of Fixed Assets is operating cash flow.
State true or false with reason.
Payment of cash against purchase of stock is use of fund.
Answer in one sentence only.
Mention two objectives of comparative statement?
Answer in one sentence only.
Give the formula of quick assets?
From the Balance Sheet of Amar Traders as on 31st March 2018 and 31st, March 2019 prepare comparative Balance Sheet.
| Liabilities | 31.3.2018 (₹) | 31.3.2019 (₹) | Assets | 31.3.2018 (₹) | 31.3.2019 (₹) |
| Capital | 60,000 | 72,000 | Fixed Assets | 1,20,000 | 1,50,000 |
| Reserves and Surplus | 24,000 | 30,000 | Current Assets | 28,000 | 27,000 |
| Loans | 34,000 | 51,000 | |||
| Creditors | 30,000 | 24,000 | |||
| 1,48,000 | 1,77,000 | 1,48,000 | 1,77,000 |
From the following Balance Sheet of Alpha Limited prepare a comparative Balance Sheet as on 31st March 2018 and 31st March 2019.
| Balance Sheet As on 31st March 2018 and 31st March 2019 | |||||
| Liabilities | 31.3.2018 (₹) | 31.3.2019 (₹) | Assets | 31.3.2018 (₹) | 31.3.2019 (₹) |
| Equity Share Capital | 2,00,000 | 2,50,000 | Land | 80,000 | 1,00,000 |
| 12% Preference Shares | 80,000 | 80,000 | Building | 60,000 | 90,000 |
| Reserves and Surplus | 1,00,000 | 1,40,000 | Plant and Machinery | 73,000 | 1,73,000 |
| 15% Debentures | 60,000 | 51,000 | Stock | 1,50,000 | 1,10,000 |
| Creditors | 50,000 | 80,000 | Debtors | 1,28,000 | 1,40,000 |
| Bills Payable | 10,000 | 6,000 | Bank | 34,000 | 37,000 |
| Provision for Taxation | 25,000 | 43,000 | |||
| 5,25,000 | 6,50,000 | 5,25,000 | 6,50,000 | ||
Prepare Comparative Balance Sheet for the year ended 31.3.17 and 31.3.18
| Particulars | 31.3.17 (₹) | 31.3.18 (₹) |
| 1) Current liabilities | 60,000 | 48,000 |
| 2) Fixed Assets | 2,40,000 | 3,00,000 |
| 3) Loan | 68,000 | 1,02,000 |
| 4) Share Capital | 1,20,000 | 1,44,000 |
| 5) Reserve & Surplus | 48,000 | 60,000 |
| 6) Current Assets | 56,000 | 54,000 |
Prepare comparative Income Statement of Sourabh Limited for the year ended 31.3.17 and 31.3.18
| Particulars | 31.3.17 (₹) | 31.3.18 (₹) |
| Sales | 4,00,000 | 6,00,000 |
| Indirect Expenses | 16,000 | 24,000 |
| Cost of Sales | 24,000 | 56,000 |
| Income Tax | 50% | 50% |
Following is the Balance Sheet of Sakshi Traders for the year ended 31.3.17 and 31.3.18
| Liabilities | 31.3.17 (₹) | 31.3.18 (₹) | Assets | 31.3.17 (₹) | 31.3.18 (₹) |
| Equity Share Capital | 80,000 | 80,000 | Fixed Assets | 1,20,000 | 1,44,000 |
| Pref. Share Capita | 20,000 | 20,000 | Investment | 20,000 | 20,000 |
| Reserve & Surplus | 20,000 | 24,000 | Current Assets | 60,000 | 48,000 |
| Secured Loan | 40,000 | 16,000 | |||
| Unsecured Loan | 20,000 | 36,000 | |||
| Current Liabilities | 20,000 | 36,000 | |||
| 2,00,000 | 2,12,000 | 2,00,000 | 2,12,000 |
Prepare common-size Balance Sheet for the year 31.3.17 and 31.3.18
Following is the Balance Sheet of Sakshi Limited. Prepare cashflow statement.:
| Liabilities | 31.3.17 (₹) | 31.3.18 (₹) | Assets | 31.3.17 (₹) | 31.3.18 (₹) |
| Share Capital | 2,00,000 | 3,00,000 | Cash | 20,000 | 30,000 |
| Creditors | 60,000 | 90,000 | Debtors | 1,40,000 | 2,50,000 |
| Profit and Loss A/c | 40,000 | 70,000 | Stock | 80,000 | 70,000 |
| Land | 60,000 | 1,10,000 | |||
| 3,00,000 | 4,60,000 | 3,00,000 | 4,60,000 |
Which of the following is not a tool of financial statement analysis?
List the tools of financial statement analysis.
What is working capital?
Write a short note on cash flow analysis?
From the following balance sheets of Mr. Shubham as on 1st April. 2019 & 31st March 2020. Prepare the cash flow statement.
| Liabilities | 1st April 2019 (₹) |
31st March 2020 (₹) | Assets | 1st April 2019 (₹) | 31st March 2020 (₹) |
| Capital | 1,48,000 | 1,49,000 | Stock | 25,000 | 22,000 |
| Sundry Creditors | 36,000 | 41,000 | Debtors | 35,000 | 38,400 |
| Long Term Loan | 30,000 | 45,000 | Cash | 4,000 | 3,600 |
| Buildings | 50,000 | 55,000 | |||
| Machinery | 80,000 | 86,000 | |||
| Land | 20,000 | 30,000 | |||
| 2,14,000 | 2,35,000 | 2,14,000 | 2,35,000 |
From the following Information, prepare Comparative Income Statement of Shri Shalni Ltd.
| Particulars | 2018 ₹ |
2019 ₹ |
| Sales | 6,00,000 | 4,50,000 |
| Sales Return | 1,00,000 | 50,000 |
| Gross Profit ratio | 40% | 50% |
| Office and Admin Expenses |
50,000 | 40,000 |
| Selling and Distribution Expenses |
50,000 | 40,000 |
| Other income | 25,000 | 15,000 |
| Other Expenses | 5,000 | 5,000 |
| Tax rate | 50% | 50% |
Complete the following table:
Percentage change = ` square/"Amount of Previous year" xx 100`
Income Statement of Surya Limited for the year ended 31-3-2022 and 31-3-2023 is given below. Prepare Comparative Income Statement.
| Particulars | 31-3-2022 (₹) | 31-3-2023 (₹) |
| Sales | 80,000 | 1,20,000 |
| Less : Cost of Sales | 44,000 | 72,000 |
| Gross Profit | 36,000 | 48,000 |
| Less : Indirect Expenses | 16,000 | 20,000 |
| Net Profit before Tax | 20,000 | 28,000 |
| Less : Income Tax 50% | 10,000 | 14,000 |
| Net Profit after Tax | 10,000 | 14,000 |
From the following Balance Sheet of Bhavya Traders, prepare Cash Flow Statement.
| Liabilities | 31-03-2022 (₹) | 31-03-2023 (₹) | Assets | 31-03-2022 (₹) | 31-03-2023 (₹) |
| Share Capital | 1,00,000 | 1,25,000 | Cash | 15,000 | 23,500 |
| Creditors | 35,000 | 22,500 | Debtors | 60,000 | 57,500 |
| Profit and Loss Ale | 5,000 | 11,500 | Stock | 40,000 | 45,000 |
| Land | 25,000 | 33,000 | |||
| 1,40,000 | 1,59,000 | 1,40,000 | 1,59,000 |
From the Balance Sheet of Surya Limited, prepare a Comparative Balance Sheet as on 31st March, 2022 and 31st March, 2023:
| Balance Sheet as on 31st March, 2022 and 31st March, 2023 | |||||
| Liabilities | 31-03-2022 (₹) | 31-03-2023 (₹) | Assets | 31-03-2022 (₹) | 31-03-2023 (₹) |
| Equity Share Capital | 1,60,000 | 2,00,000 | Land | 64,000 | 80,000 |
| 12% Preference Shares | 64,000 | 64,000 | Building | 48,000 | 72,000 |
| Reserves and Surplus | 80,000 | 1,12,000 | Plant and Machinery | 58,400 | 1,38,400 |
| 15% Debentures | 48,000 | 40,800 | Stock | 1,20,000 | 88,000 |
| Creditors | 40,000 | 64,000 | Debtors | 1,02,400 | 1,12,000 |
| Bills Payable | 8,000 | 4,800 | Bank | 27,200 | 29,600 |
| Provision for Taxation | 20,000 | 34,400 | |||
| 4,20,000 | 5,20,000 | 4,20,000 | 5,20,000 | ||
