# Chapter No. 2 – Tools of Financial Statement Analysis – V K Publication Class 12 (Part 2) – Solutions

Question-wise solution of all Questions of Chapter No. 2 – Tools of Financial Statement Analysis – V K Publication Class 12 (Part 2) – Solutions are given in this article. You can check all questions one by one.

Financial Statement Analysis is the process of analysing the financial position of the company with the help of standardised statements.

## Tools or Techniques of Analysis of Financial Statement:

The techniques of the analysis are needed because data in the financial statements is very complex and difficult to understand because most of the data is repeated in all statements. The financial statement included information about the assets, liabilities, capital, revenues, expenses, profit earned or loss incurred during the particular year. But this data is not in a comparable format so that’s why it’s tough to understand for outsiders who have an interest in our company for any reason.

So that’s why the following techniques are used to make comparable financial data of any business: –

### 1. Comparative Statements:

The comparative Statements are the group account-wise comparative study of two or more years of financial statements i.e. balance sheet and profit and loss account.

### 2. Common-size Statements:

The common-size statements are the states in which we will study the two or more years of financial statements by putting them side by side and converting the values into percentages to compare them.

### 3. Ratio Analysis:

In the ratio analysis, we convert the value of two or more components into the ratio for comparing them. There are fixed arithmetical formals available to calculate the ratios of the financial information which we will discuss next topics.

### 4. Cash Flow Statement:

The cash flow statement shows the actual inflow and outflow of cash for the various activities of the business i.e., Operating activities, administration activities, investing activities and financial activities.

## Chapter No. 2 – Tools of Financial Statement Analysis – V K Publication Class 12 (Part 2) – Solutions

Question-wise solution of all Questions of Chapter No. 2 – Tools of Financial Statement Analysis – V K Publication Class 12 (Part 2) – Solutions are shown below: –

Question 1 Chapter 2 VK Publications Class 12 Part 2 - 2021 1. Prepare a Comparison Balance Sheet of RSF ...
Question 2 Chapter 2 VK Publications Class 12 Part 2 - 2021 2. Given below are the Balance Sheets of ...
Question 3 Chapter 2 VK Publications Class 12 Part 2 - 2021 3. Prepare a Comparative Balance Sheet of Kumar ...
Question 4 Chapter 2 VK Publications Class 12 Part 2 - 2021 4. Prepare a Comparative Balance Sheet of the ...
Question 5 Chapter 2 VK Publications Class 12 Part 2 - 2021 5. Prepare a Comparative Income Statement from the ...
Question 6 Chapter 2 VK Publications Class 12 Part 2 - 2021 6. From the Following Statement of Profit and ...
Question 7 Chapter 2 VK Publications Class 12 Part 2 - 2021 7. Following information is extracted from the Statement ...
Question 8 Chapter 2 VK Publications Class 12 Part 2 - 2021 8. Prepare Comparative Statement of Profit and Loss ...
Question 9 Chapter 2 VK Publications Class 12 Part 2 - 2021 9. From the following Statement of Profit and ...
Question 10 Chapter 2 VK Publications Class 12 Part 2 - 2021 10. Prepare a Comparative Statement of Profit and ...
Question 11 Chapter 2 VK Publications Class 12 Part 2 - 2021 11. From the following 'Statement of Profit and ...
Question 12 Chapter 2 VK Publications Class 12 Part 2 - 2021 12. From the following Statement of Profit and ...
Question 13 Chapter 2 VK Publications Class 12 Part 2 - 2021 13. Prepare a Comparative Income Statement from the ...
Question 14 Chapter 2 VK Publications Class 12 Part 2 - 2021 14. From the following Statement of Profit and ...
Question 15 Chapter 2 VK Publications Class 12 Part 2 - 2021 15. Given below is the information extracted from ...
Question 16 Chapter 2 VK Publications Class 12 Part 2 - 2021 16. Following information is related to Statement of ...
Question 17 Chapter 2 VK Publications Class 12 Part 2 - 2021 17. From the following information, prepare a Comparative ...
Question 18 Chapter 2 VK Publications Class 12 Part 2 - 2021 18. From the following information, prepare a Comparative ...
Question 19 Chapter 2 VK Publications Class 12 Part 2 - 2021 19. Prepare a for Financial Comparative Income Statement ...
Question 20 Chapter 2 VK Publications Class 12 Part 2 - 2021 20. Prepare a Comparative Income Statement of Mahavir ...
Question 21 Chapter 2 VK Publications Class 12 Part 2 - 2021 21. From the following Balance Sheets of Maria ...
Question 22 Chapter 2 VK Publications Class 12 Part 2 - 2021 22. Prepare a Common Size Balance Sheet and ...
Question 23 Chapter 2 VK Publications Class 12 Part 2 - 2021 23. Prepare a Common Size Balance Sheet of ...
Question 24 Chapter 2 VK Publications Class 12 Part 2 - 2021 24. Prepare a Common Size Statement of Profit ...
Question 25 Chapter 2 VK Publications Class 12 Part 2 - 2021 25. Statements of Profit and Loss of Janki ...
Question 26 Chapter 2 VK Publications Class 12 Part 2 - 2021 26. From the following Income Statement, prepare a ...
Question 27 Chapter 2 VK Publications Class 12 Part 2 - 2021 27. From the following Income Statement, prepare a ...
Question 28 Chapter 2 VK Publications Class 12 Part 2 - 2021 28. Prepare a Common Size Income Statement of ...
Question 29 Chapter 2 VK Publications Class 12 Part 2 - 2021 29. Prepare a Common Size Income Statement from ...
Question 84 Chapter 2 of Class 12 Part - 1 84. A, B and C are partners in a firm, ...
Question 82 Chapter 2 of Class 12 Part - 1 82. P and Q are partners in a firm sharing ...

#### Unimax Publications – Advanced Accountancy-II- Class 12 Part 1 – 2021 – Solution

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