Question 28 Chapter 2 of +2-B – USHA Publication 12 Class

Question 28 Chapter 2 of +2-B

Question 28 Chapter 2 of +2-B

Trend Percentage

28. Compare the profitability of the business by means of trend analysis and comment.

Particular 2012 2013 2014   2012 2013 2014
Office Expenses 2,00,000 1,75,000 1,50,000 Gross Income 1,20,000 1,30,000 1,55,000
Selling Expenses 1,00,000 90,000 85,000        
Net Income 1,00,000 85,000 65,000        

Sales during 2013,2014 and 2015 were ₹ 7,00,000, ₹ 10,00,000 and ₹ 12,00,000.

The solution of Question 28 Chapter 2 of +2-B: – 

 

Trend Percentage Base Year 2012 = 100
Particu
lars

Absolute Figures
Percentage of
Figures
2013 2014 2015 2013 2014 2015
Revenue from Operation 7,00,000 10,00,000 12,00,000 100% 100% 100%
Less: Cost of Goods sold 5,80,000 8,70,000 10,45,000 82.86% 87% 87.08%
Gross Profit 1,20,000 1,30,000 1,55,000 17.14% 13% 12.91%
Less: Operating Expenses 70,000 65,000 85,000 10.00% 6.5% 7.08%
Operating Profit 50,000 65,000 70,000 7.14% 6.5% 5.83%

 

To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

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Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Chapter No. 1 – Accounting Not for Profit Organisations

Chapter No. 2 – Partnership Accounts – I

Chapter No. 3 – Partnership Accounts – II (Introduction)

Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

Chapter No. 2 – Techniques of Financial Statement Analysis

Chapter No. 3 – Ratio Analysis 

Chapter No. 4 – Cash Flow Statement

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 3 min 225x300 - Question 28 Chapter 2 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

Question 27 Chapter 2 of +2-B – USHA Publication 12 Class

Question 27 Chapter 2 of +2-B

Question 27 Chapter 2 of +2-B

Trend Percentage

27. Convert the following Comparative Income Statement into Trend Percentage Statement.

Deepak Industries Ltd.
Income Statement for the year ending 31st March
Particular 2012 2013 2014
Revenue from Operation 2,00,000 1,75,000 1,50,000
Purchase of Stock 1,00,000 90,000 85,000
Gross Profit 1,00,000 85,000 65,000
Employees Benefit Expenses 75,000 65,000 50,000
Net Profit before Tax 25,000 20,000 15,000
Income tax 12,000 10,000 8,000
Net profit after tax 13,000 10,000 7,000

 

The solution of Question 27 Chapter 2 of +2-B: – 

 

Trend Percentage Base Year 2012 = 100
Particu
lars

Percentage of
Figures
2013 2014 2015
Revenue from Operation 100% 88% 75%
Purchase of Stock 100% 90% 85%
Gross Profit 100% 85% 65%
Employees Benefit Expenses 100% 87% 67%
Net Profit before Tax 100% 80% 60%
Income tax 100% 83% 67%
Net profit after tax 100% 77% 54%

 

To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

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Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Chapter No. 1 – Accounting Not for Profit Organisations

Chapter No. 2 – Partnership Accounts – I

Chapter No. 3 – Partnership Accounts – II (Introduction)

Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

Chapter No. 2 – Techniques of Financial Statement Analysis

Chapter No. 3 – Ratio Analysis 

Chapter No. 4 – Cash Flow Statement

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 3 min 225x300 - Question 27 Chapter 2 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

Question 26 Chapter 2 of +2-B – USHA Publication 12 Class

Question 26 Chapter 2 of +2-B

Question 26 Chapter 2 of +2-B

Trend Percentage

26. From the following data relating to the asset side of the Balance Sheet of Ram Ltd. for the period from 31st March 2012 to March 2015, you are required to calculate the trend percentage taking 2012 as base year.

Particular 2012 2013 2014 2015
Plant & Machinery 200 400 500 600
Furniture  50 75 100 125
Building  300 350 400 450
Cash  200 250 350 450
Stock 150 250 300 400
Sundry debtors 50 100 150 200
Bank Balance 100 150 200 250

 

The solution of Question 26 Chapter 2 of +2-B: – 

 

Trend Percentage Base Year 2012 = 100
Particu
lars

Absolute
Figures
Percentage of
Figures
2012 2013 2014
2015 2012 2013 2014 2015
Non-Current Assets                
Plant & Machinery 200 400 500 600 100% 200% 250% 300%
Furniture 50 75 100 125 100% 150% 200% 250%
Building 300 350 400 450 100% 117% 133% 150%
Current Assets                
Cash 200 250 300 350 100% 125% 175% 225%
Stock 100 150 200 250 100% 150% 200% 250%
Sundry debtors 150 250 300 400 100% 167% 200% 267%
Bank Balance 5 100 150 200 100% 200% 300% 400%

 

To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

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Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Chapter No. 1 – Accounting Not for Profit Organisations

Chapter No. 2 – Partnership Accounts – I

Chapter No. 3 – Partnership Accounts – II (Introduction)

Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

Chapter No. 2 – Techniques of Financial Statement Analysis

Chapter No. 3 – Ratio Analysis 

Chapter No. 4 – Cash Flow Statement

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 3 min 225x300 - Question 26 Chapter 2 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

Question 25 Chapter 2 of +2-B – USHA Publication 12 Class

Question 25 Chapter 2 of +2-B

Question 25 Chapter 2 of +2-B

Trend Percentage

25. Convert the following comparative income statement in to Trend Percentage Statement.

 

Particular 2012 2013 2014 2015
Revenue from Operation 1,80,000 2,00,000 2,30,000 2,10,000
Purchase of Stock 1,30,000 1,40,000 1,70,000 1,40,000
Gross Profit 50,000 60,000 60,000 70,000
Employees Benefit Expenses 30,000 45,000 40,000 45,000
Net Profit 20,000 15,000 20,000 25,000

 

The solution of Question 25 Chapter 2 of +2-B: – 

 

Trend Percentage Base Year 2012 = 100
Partic
ulars

Absolute
Figures
Percentage of
Figures
2012 2013 2014
2015 2012 2013 2014 2015
Revenue from Opera
tion
1,80,000 2,00,000 2,30,000 2,10,000 100% 111.11% 127.78% 166.67%
Purchase of Stock 1,30,000 1,40,000 1,70,000 1,40,000 100% 107.69% 130.77% 107.69%
Gross
Profit
50,000 60,000 60,000 70,000 100% 120% 120% 140%
Employ
ees
Benefit Ex
penses
30,000 45,000 40,000 45,000 100% 150% 133.33% 150%
Net Profit 20,000 15,000 20,000 25,000 100% 75% 100% 125%

 

To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

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Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Chapter No. 1 – Accounting Not for Profit Organisations

Chapter No. 2 – Partnership Accounts – I

Chapter No. 3 – Partnership Accounts – II (Introduction)

Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

Chapter No. 2 – Techniques of Financial Statement Analysis

Chapter No. 3 – Ratio Analysis 

Chapter No. 4 – Cash Flow Statement

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 3 min 225x300 - Question 25 Chapter 2 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

Question 24 Chapter 2 of +2-B – USHA Publication 12 Class

Question 24 Chapter 2 of +2-B

Question 24 Chapter 2 of +2-B

Trend Percentage

24. Calculate the trend percentage from the following details of Amritsar Bottle Company.

Particular 2012(Rs) 2013(Rs) 2014(Rs) 2015(Rs)
Revenue from Operation 6,00,000 7,50,000 8,00,000 10,00,000
Purchase of Stock 4,00,000 5,00,000 5,00,000 6,00,000
Gross Profit 2,00,000 2,50,000 3,00,000 4,00,000

 

The solution of Question 24 Chapter 2 of +2-B: – 

 

Comparative Balance Sheet of Sun Ltd.          
Particulars
Absolute
Figures
Percentage of
Figures
2012 2013 2014
2015 2012 2013 2014 2015
Revenue from Operation 6,00,000 7,50,000 8,00,000 10,00,000 100% 125% 133.33% 166.67%
Stock 4,00,000 5,00,000 5,00,000 6,00,000 100% 125% 125% 150%
Gross Profit 2,00,000 2,50,000 3,00,000 4,00,000 100% 125% 150% 200%

To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

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Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Chapter No. 1 – Accounting Not for Profit Organisations

Chapter No. 2 – Partnership Accounts – I

Chapter No. 3 – Partnership Accounts – II (Introduction)

Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

Chapter No. 2 – Techniques of Financial Statement Analysis

Chapter No. 3 – Ratio Analysis 

Chapter No. 4 – Cash Flow Statement

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 3 min 225x300 - Question 24 Chapter 2 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

Question 23 Chapter 2 of +2-B – USHA Publication 12 Class

Question 23 Chapter 2 of +2-B

Question 23 Chapter 2 of +2-B

Trend Percentage

23. Calculate the trend percentage from the following figures :

Particular 2012(Rs) 2013(Rs) 2014(Rs) 2015(Rs)
Revenue from Operation 5,000 5,200 5,600 6,000
Stock 1,000 1,100 1,250 1,400
Gross Profit 500 650 775 850

 

The solution of Question 23 Chapter 2 of +2-B: – 

 

Comparative Balance Sheet of Sun Ltd.          
Particulars

Absolute Figures
Percentage of Figures
2012 2013 2014
2015 2012 2013 2014 2015
Revenue from Operation 5,000 5,200 5,600 6,000 100% 104% 112% 120%
Stock 1,000 1,100 1,250 1,400 100% 110% 125% 140%
Gross Profit 500 550 775 850 100% 130% 155% 170%

Note: 1. Increase in Gross Profit.
2. Sales are increasing regularly
3. The performance of the firm is good.

 


To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

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Comment if you have any question.

Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Chapter No. 1 – Accounting Not for Profit Organisations

Chapter No. 2 – Partnership Accounts – I

Chapter No. 3 – Partnership Accounts – II (Introduction)

Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

Chapter No. 2 – Techniques of Financial Statement Analysis

Chapter No. 3 – Ratio Analysis 

Chapter No. 4 – Cash Flow Statement

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 3 min 225x300 - Question 23 Chapter 2 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

Question 22 Chapter 2 of +2-B – USHA Publication 12 Class

Question 22 Chapter 2 of +2-B

Question 22 Chapter 2 of +2-B

Common Size Balance Sheet

22. From the following statement of Profit and Loss, Prepare a common size statement of Profit and Loss of Jyanti Limited for the period ended 31-3-2016.

Particular
Income  
Revenue from Operation 25,38,000
Other Income 38,000
  25,76,000
Expenses  
Cost of Material Consumed 14,00,000
Other Expense 5,00,000
  19,00,000
Tax 3,38,000

 

The solution of Question 22 Chapter 2 of +2-B: – 

 

Comparative Balance Sheet of Sun Ltd.
Particulars
Note no. 31st March,
2016
(B)
(4)
Percentage
Change

(Increase/
Decrease)
I. Income      
Revenue from Operation   25,38,000 100.00%
Other Income   38,000 1.50%
Total Revenue   25,76,000 101.50%
II. Expenses      
Depreciation   14,00,000 55.16%
Finance Cost   5,00,000 19.70%
Total Expenses   19,00,000 74.86%
III. Net Profit Before Tax (I-II)   6,76,000 26.64%
Less: Tax @50%   3,38,000 13.32%
IV. Net Profit After Tax   3,38,000 13.32%



To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

Thanks, Please Like and share with your friends  

Comment if you have any question.

Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Chapter No. 1 – Accounting Not for Profit Organisations

Chapter No. 2 – Partnership Accounts – I

Chapter No. 3 – Partnership Accounts – II (Introduction)

Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

Chapter No. 2 – Techniques of Financial Statement Analysis

Chapter No. 3 – Ratio Analysis 

Chapter No. 4 – Cash Flow Statement

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 3 min 225x300 - Question 22 Chapter 2 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

Question 21 Chapter 2 of +2-B – USHA Publication 12 Class

Question 21 Chapter 2 of +2-B

Question 21 Chapter 2 of +2-B

Common Size Balance Sheet

21. Prepare a common size statement of Profit and Loss of Suwidha company.

Particular 31st March 2016 ₹ 31st March 2015 ₹
Revenue from Operation 8,00,000 8,40,000
Other Income 6,000 5,040
Depreciation 48,000 53,760
Finance Cost 32,000 30,240
Income Tax 40% 40%

 

The solution of Question 21 Chapter 2 of +2-B: – 

 

Comparative Balance Sheet of Sun Ltd.
Particulars
Note no. 31st March,
2015
(A)
(3)
31st March,
2016
(B)
(4)

Percentage
Change

(Increase
/Decrease)

Percentage
Change

(Increase/
Decrease)
I. Income          
Revenue from Operation   8,40,000 8,00,000 100.00% 100.00%
Other Income   5,040 6,000 0.60% 0.75%
Total Revenue   8,45,040 8,06,000 100.60% 100.75%
II. Expenses          
Depreciation   5,37,600 4,80,000 64.00% 60.00%
Finance Cost   30,240 32,000 3.60% 4.00%
Total Expenses   5,67,840 5,12,000 67.60% 64.00%
III. Net Profit Before Tax (I-II)   2,77,200 2,94,000 33.00% 36.75%
Less: Tax @40%   1,10,880 1,17,000 13.20% 14.70%
IV. Net Profit After Tax   1,66,320 1,76,400 19.80% 22.05%



To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

Thanks, Please Like and share with your friends  

Comment if you have any question.

Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Chapter No. 1 – Accounting Not for Profit Organisations

Chapter No. 2 – Partnership Accounts – I

Chapter No. 3 – Partnership Accounts – II (Introduction)

Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

Chapter No. 2 – Techniques of Financial Statement Analysis

Chapter No. 3 – Ratio Analysis 

Chapter No. 4 – Cash Flow Statement

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 3 min 225x300 - Question 21 Chapter 2 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

Question 20 Chapter 2 of +2-B – USHA Publication 12 Class

Question 20 Chapter 2 of +2-B

Question 20 Chapter 2 of +2-B

Common Size Balance Sheet

20. Prepare a common size statement of Profit and Loss.

 

Particular 31st March 2016 ₹ 31st March 2015 ₹
I. Income    
Revenue from Operation 7,00,000 5,00,000
Other Income 50,000 30,000
Total Revenue 7,50,000 5,30,000
II. Expenses    
Purchases of Goods 4,00,000 3,50,000
Employees Benefit Expenses 1,20,000 80,000
Other Expenses 40,000 10,000
Total Expenses 5,60,000 4,40,000
III. Net Profit Before Tax (I-II) 1,90,000 90,000

 

 

The solution of Question 20 Chapter 2 of +2-B: – 

 

Comparative Balance Sheet of Sun Ltd.
Particulars
Note no. 31st March,
2015
(A)
(3)
31st March,
2016
(B)
(4)

Percentage
Change

(Increase
/Decrease)

Percentage
Change

(Increase/
Decrease)
I. Income          
Revenue from Operation   5,00,000 7,00,000 100.00% 100.00%
Other Income   30,000 50,000 6.00% 7.14%
Total Revenue   5,30,000 7,50,000 106.00% 107.14%
II. Expenses          
Purchases of Goods   3,50,000 4,00,000 70.00% 57.14%
Employees Benefit Expenses   80,000 1,20,000 16.00% 17.14%
Other Expenses   10,000 40,000 2.00% 5.72%
Total Expenses   4,40,000 5,60,000 88.00% 80.00%
III. Net Profit Before Tax (I-II)   90,000 1,90,000 18.00% 27.14%

 


To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

Thanks, Please Like and share with your friends  

Comment if you have any question.

Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Chapter No. 1 – Accounting Not for Profit Organisations

Chapter No. 2 – Partnership Accounts – I

Chapter No. 3 – Partnership Accounts – II (Introduction)

Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

Chapter No. 2 – Techniques of Financial Statement Analysis

Chapter No. 3 – Ratio Analysis 

Chapter No. 4 – Cash Flow Statement

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 3 min 225x300 - Question 20 Chapter 2 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

Question 19 Chapter 2 of +2-B – USHA Publication 12 Class

Question 19 Chapter 2 of +2-B

Question 19 Chapter 2 of +2-B

Common Size Balance Sheet

19. Karnal based Iron Foundry has supplied you the following Balance Sheets. You are required to Prepare a common size balance sheet of HK Computer Limited.

Particular 31st March, 2016 ₹ 31st March, 2015 ₹
I. Equity and Liabilities    
Shareholders’ Funds    
Share Capital 22,00,000 14,00,000
Reserve and Surplus 7,00,000 2,00,000
Non-Current Liabilities    
Long –term Borrowings 5,00,000 6,00,000
Long term Provisions 2,50,000 4,00,000
Current Liabilities    
Short term provisions 3,50,000 4,00,000
  40,00,000 30,00,000
II. Assets    
Non-Current Assets    
Fixed Assets    
Tangible  12,00,000 7,50,000
Intangible 10,80,000 8,00,000
Non-Current Investments 9,20,000 6,50,000
Current Assets    
Inventories 4,80,000 3,50,000
Cash & Cash Equivalents 3,20,000 4,50,000
  40,00,000 30,00,000

 

The solution of Question 19 Chapter 2 of +2-B: – 

 

Comparative Balance Sheet of Sun Ltd.
Particulars
Note no. 31st March,
2015
(A)
(3)
31st March,
2016
(B)
(4)

Percentage
Change

(Increase
/Decrease)

Percentage
Change

(Increase/
Decrease)
I. Equity and Liabilities          
1. Shareholders’ Funds          
(a) Share Capital   14,00,000 22,00,000 46.67% 55.00%
(b) Reserves and Surplus   2,00,000 7,00,000 6.67% 10.00%
2. Non-Current Liabilities          
(a) Long-term borrowings   6,00,000 5,00,000 20.00% 30.00%
(b) Long term Provisions   4,00,000 2,50,000 13.33% 30.00%
3. Current Liabilities          
Short term provisions   4,00,000 3,50,000 13.33% 5.00%
Total    30,00,000 40,00,000 100.00% 100.00%
II. Assets          
1.Non-Current Assets          
Fixed Assets:          
Tangible   7,50,000 12,00,000 25.00% 30.00%
Intangible   8,00,000 10,80,000 26.67% 27.00%
Non-Current Investments   6,50,000 9,20,000 21.67% 23.00%
2. Current Assets          
Inventories   3,50,000 4,80,000 11.66% 12.00%
Trade Receivables   4,50,000 3,20,000 15.00% 8.00%
Total   30,00,000 40,00,000 100.00% 100.00%

 


To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

Thanks, Please Like and share with your friends  

Comment if you have any question.

Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Chapter No. 1 – Accounting Not for Profit Organisations

Chapter No. 2 – Partnership Accounts – I

Chapter No. 3 – Partnership Accounts – II (Introduction)

Chapter No. 4 – Partnership Accounts – III (Goodwill: Nature and Valuation)

Chapter No. 5 – Partnership Accounts – IV (Reconstitution of Partnership)

Chapter No. 6 – Partnership Accounts – V (Admission of A Partner)

Chapter No. 7 – Partnership Accounts – VI (Retirement and Death of A Partner)

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Chapter No. 1 – Financial Statements of a Company (Balance Sheet Only)

Chapter No. 2 – Techniques of Financial Statement Analysis

Chapter No. 3 – Ratio Analysis 

Chapter No. 4 – Cash Flow Statement

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2 Book 3 min 225x300 - Question 19 Chapter 2 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements