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...
Short Answer Questions Question 1. What is meant by Comparative Financial Statements? Explain their objectives. Solution 1. When financial statements figures for two or more years are placed side-by-side to facilitate comparison, these are called ‘Comparative Financial Statements’....
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:- 1.) Significance for...
Short Answer Questions Question.1 Vikas Ltd. has an authorized capital of Rs. 40,00,000 divided into Equity Shares of Rs. 10 each. The company invited applications for 3,00,000 equity shares. The amount was payable as follows: On Application Rs. 3, On Allotment Rs. 5 and On Final...
Short Answer Questions Question 1. Shubh Limited has the following balance appearing in its Balance Sheet: The Company decided to redeem its 9% debentures at a premium of 10%. You are required to suggest the way in which the...
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UNESCO has declared 21st February of every year to be celebrated as International Mother Language day to promote dissemination of Mother Language of all, create awareness of linguistic and cultural traditions and diversity across the world and to inspire solidarity...
CBSE vide Circular No.Acad-51/2021 dated 5th July, 2021, notified that in the session 2021-2022, Board Examinations would be conducted in two terms, i.e.. Term I and Term II. This decision was taken due to the uncertainty arising out of COVID 19 Pandemic. Term I...
Evaluation of the Answer Books is done under a well-settled Policy. To ensure that the evaluation is error free, CBSE is taking several steps. After strictly following these steps, the result is prepared. Though, CBSE is having a well-settled system of assessment,...
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