DK Goel Solutions

DK Goel Solutions Class 12 Accountancy Chapter 4 Common Size Statements

Short Answer Questions

Question .1.    What is meant by Common Size Statements? Give any two uses of Common Size Statements.

Solution . 1     Common Size Statement Express all items of a financial statement as a percentages of some common base such as revenue from operations for profit and loss statement and total assets for balance sheet.

 


Click for more Accountancy Study Material

DK Goel Solutions Class 12 Accountancy Chapter 3 Tools for Financial Analysis

 

Short Answer Questions

Question 1.      What is meant by Comparative Financial Statements? Explain their objectives.

 


Click for more Accountancy Study Material

DK Goel Solutions Class 12 Accountancy Chapter 2 Financial Statements Analysis

Short Answer Questions

Question 1.      State who may be interested in the analysis of financial statement and why?

Solution  1.      The interested in the analysis of the financial statement ananlysis may be studies from the point of view of varioud parties as follows:- 

 


Click for more Accountancy Study Material

DK Goel Solutions Class 12 Accountancy Chapter 1 Financial Statements of Companies

 

 

Short Answer Questions


 


Click for more Accountancy Study Material

DK Goel Solutions Class 12 Accountancy Chapter 9 Company Accounts Redemption of Debentures

Short Answer Questions

Question 1.        Shubh Limited has the following balance appearing in its Balance Sheet:

 


Click for more Accountancy Study Material

DK Goel Solutions Class 12 Accountancy Chapter 8 Company Accounts Issue of Debentures

Short Answer Questions

Question 1.      Explain briefly issue of debentures at par, at discount and at premium. Taking imaginary examples pass necessary journal entries in all the cases.

Solution 1        Debentures may be issued either at par, at premium or at a discount.

Issue of Debentures at Par:-

 


Click for more Accountancy Study Material

DK Goel Solutions Class 12 Accountancy Chapter 7 Company Accounts Issue of Share

Short Answer Questions


Question 1.      Show the Share Capital in Company’s balance sheet with imaginary figures.

Solution  1

 


Click for more Accountancy Study Material

DK Goel Solutions Class 12 Accountancy Chapter 6 Dissolution of a Partnership Firm

 

Short Answer Questions


Question 1.       Write the circumstances under which a firm is dissolved.

Solution  1          Below are the circumstances under which a firm is dissolved:-

1.) When a partner has become of unsound mind.

 


Click for more Accountancy Study Material

DK Goel Solutions Class 12 Accountancy Chapter 5 Retirement or Death of a Partner

 Short Answer Questions

Question 1.      Why a retiring or deceased partner is entitled to a share of goodwill of the firm?

 


Click for more Accountancy Study Material

DK Goel Solutions Class 12 Accountancy Chapter 4 Admission of a Partner

 Short Answer Questions


Question 1.      Mention the various matters that need adjustments at the time of admission of a partner.

 


Click for more Accountancy Study Material

Pages

Latest NCERT & CBSE News

Read the latest news and announcements from NCERT and CBSE below. Important updates relating to your studies which will help you to keep yourself updated with latest happenings in school level education. Keep yourself updated with all latest news and also read articles from teachers which will help you to improve your studies, increase motivation level and promote faster learning

CBSE OMR Sheet Guidelines for Term 1

You are aware that the CBSE will be using OMR for the first time for assessment of both the Classes-X and XII in Term-I examinations. Hence, there is a need that all the students appearing in the Term-l examinations and the schools sponsoring these students should have...

CBSE Class 10 Revised Syllabus

Last year CBSE had to reduce the syllabus because of the pandemic situation but it was not very effective because there were no examinations. This year to avoid any confusion and conflict, CBSE has decided to reduce the syllabus into term 1 and term 2. 50 percent of...

National Youth Day and Birth Anniversary of Swami Vivekananda

Ministry of Education, Govt. of India vide D.O No. 12-4/2021-IS.4 dated 04.01.2022 intimated that 12 January 2022 will be celebrated as “National Youth Day” and “Birth Anniversary of Swami Vivekananda”.   All Schools affiliated to CBSE may celebrate 12 January 2022 as...

All India Children Educational Audio Video Festival

The Central Institute of Educational Technology (CIET), a constituent unit of National Council of Educational Research and Training (NCERT), is inviting entries for the 26th All India Children’s Educational Audio Video Festival (AICEAVF). This festival showcases the...

MCQ Question based CBSE examination

For 2021-22 CBSE has launched MCQ question-based examination for Term 1 & Term 2 board examinations. The entire syllabus has been divided into two parts each including 50% of the entire syllabus. To score well, students must practice as per the new CBSE term-wise...

How To Solve Unseen Passages In English

Unseen passages may contain one or many paragraphs. This is one of the important yet easy parts for a student to get marks. Students should thoroughly study and understand the passage to answer the related questions. The unseen passages are there just to test the...