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

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