Samacheer Kalvi twelfth Accountancy Alternatives A bankruptcy proceeding Balances

Samacheer Kalvi twelfth Accountancy Alternatives A bankruptcy proceeding Balances

  • In order to Lenders: Recommendations offered regarding the monetary comments is tall for the lenders to assess whether you will find adequate coverage to cover the matter of one’s mortgage otherwise overdraft.
  • So you can Bodies: Financial statements was high toward authorities to evaluate the fresh new taxation responsibility off team inquiries also to frame and you may amend commercial policies.
  • To help you Team: Through the monetary statements, the employees can be gauge the function of one’s providers to invest wages and whether they have coming growth in the brand new concern.
  1. To analyze profitability and earning potential.
  2. To review the long term and you may brief solvency of the organization.
  3. To choose the show in the procedures and use out of property.
  4. To determine the performance out of management and employees.
  5. To choose the pattern in the conversion process and creation, etc.
  6. So you’re able to prediction for the future and you will ready yourself costs.
  7. And come up with inter-organization and you will intra – company comparisons.

Matter cuatro. Throughout the after the balance sheet components, calculate pattern fee, and comment on the fresh new liquidity position out-of X ltd. It’s also possible to bring 1990 since the feet seasons.

People is Down load Accountancy Chapter 7 Records Issues and Responses, Cards Pdf, Samacheer Kalvi 12th Accountancy Book Solutions Guide Pdf really helps to upgrade the entire Tamilnadu County Panel New Syllabus and score alot more inations.

Samacheer Kalvi 12th Accountancy Company accounts Text book Back Questions and you may Solutions

Matter step one. A preference show is but one …………….. (i) which sells preferential correct regarding commission off dividend from the repaired rates (ii) hence deal preferential proper regarding repayment regarding financing with the winding up (a) Merely (i) is correct (b) Only (ii) is right (c) One another (i) and you will (ii) is correct (d) One another (i) and you may (ii) is actually incorrect Address: (c) Each other (i) and you will (ii) is actually right

Concern dos. You to definitely part of display resource and that’s entitled up only to the winding up off a friends is named …………….. (a) Authorised financial support (b) Entitled up money (c) Investment set-aside (d) Set aside money Answer: (d) Put aside capital

Matter 3. In the course of forfeiture, share funding membership is actually debited having …………….. (a) Face value (b) Nominal value (c) Paid up matter (d) Titled up amount Answer: (d) Called right up amount

Tamilnadu Samacheer Kalvi 12th Accountancy Solutions Chapter 7 Balances

Question cuatro. Adopting the forfeited shares are reissued, the balance in the forfeited shares membership would be transferred to …………….. (a) General set-aside account (b) Funding set-aside account (c) Securities superior membership (d) Surplus account Answer: (b) Financial support reserve membership

Question 5. The quantity obtained over and above the brand new face value was paid to …………….. (a) Ties superior account (b) Contacts get better account (c) Display financial support membership (d) Sacrificed shares membership Answer: (a) Securities advanced account

Matter six. And that of your own after the report try false? (a) Given financial support cannot be more than the authorised capital (b) In the event of lower than subscription, awarded resource was lower than the brand new authorized money (c) Set aside capital would be entitled during the time of finding yourself (d) Paid up money is part of called up investment Respond to: (b) In the event of less than membership, granted capital will be lower than the brand new authorized resource

Matter seven. When shares are granted for sale of possessions, the total amount are paid in order to …… https://datingranking.net/escort-directory/greeley/……….. (a) Vendor’s A beneficial/c (b) Sundry possessions A/c (c) Show resource A beneficial/c (d) Financial An effective/c Respond to: (c) Express money An effective/c

Concern 9. In the event the a share out-of ? ten on what ? 8 might have been paid-up is sacrificed. Minimum reissue pricing is …………….. (a) ? 10 for each and every display (b) ? 8 for every single show (c) ? 5 each express (d) ? 2 for each and every display Answer: (d) ? dos for every single show

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