Question 86 Chapter 14 of Class 12 Part – 2 – 2024
86. From the following Balance sheet of ABC Ltd. as on 31st March 2016
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| BALANCE SHEET | |
| AS ON 31ST MARCH 2016 | |
| Liabilities | ₹ |
| Equity share of 100 each | 3,00,000 |
| 12% preference share of 100 each | 1,00,000 |
| Reserve and surplus | 1,00,000 |
| 15% debentures | 1,00,000 |
| Sundry creditors | 50,000 |
| 6,50,000 | |
| Assets | |
| Fixed Assets | 4,00,000 |
| Current Assets | 2,00,000 |
| Preliminary expenses | 25,000 |
| Underwriting commission | 25,000 |
| 6,50,000 | |
Other information :
Net profit before Interest and tax ₹ 2,00,000
Rate of Tax 50%
A dividend of 40% is declared on equity share
Calculate dividend per share
The solution of Question 86 Chapter 14 of Class 12 Part – 2 – 2024: –
| Number of equity share | = | Equity share capital |
| Face value of shares | ||
| = | ||
| = | ₹ 3,00,000 | |
| ₹ 100 | ||
| = | 3,000 shares |
| Profit Distributed as equity Dividend | = | 40% of Equity Share Capital | ||
| = | 40 | X | ₹ 3,00,000 | |
| 100 | ||||
| = | ₹ 1,20,000 |
| Dividend per Share | = | Profit Distributed as equity Dividend |
| Number of equity share | ||
| = | ||
| = | ₹ 1,20,000 | |
| 3,000 | ||
| = | ₹ 40 per Share |
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The solution to all questions of Chapter No. 14 – Ratio Analysis Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.
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Question 6 Chapter 14 of Class 12 Part – 2 – 2024
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Question 14 Chapter 14 of Class 12 Part – 2 – 2024
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Question 18 Chapter 14 of Class 12 Part – 2 – 2024
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Question 23 Chapter 14 of Class 12 Part – 2 – 2024
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Chapter-Wise Solution of Usha Publication Accountancy – Part 2 Class 12 – Session 2024-25 as per the PSEB curriculum
Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 2 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.
Chapter No. 8 – Company Accounts (Share Capital)
Chapter No. 9 – Company Accounts (Issue of Debentures)
Chapter No. 10 – Company Accounts (Redemption of Debentures)
Chapter No. 11 – Financial Statements of a Company
Chapter No. 12 – Financial Statement Analysis
Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size
Chapter No. 14 – Ratio Analysis
Chapter No. 15 – Cash Flow Statement
Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Issue of Debentures
- Chapter No. 3 – Redemption of Debentures
- Chapter No. 4 – Financial Statements of a Company (Balance Sheet Only)
- Chapter No. 5 -Financial Statement Analysis
- Chapter No. 6 – Tools/Methods of Financial Analysis
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
Check out Part 1 of both books.
In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.
1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication
2. Advanced Accountancy Part 1 Class 12 by Unimax Publication