Analysis of Financial Statements (CBSE Class-12 Accountancy): Questions 23 - 30 of 43

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Question number: 23

» Analysis of Financial Statements » Financial Statements of a Company

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Give any two points of difference between receipts and payment account and cash book?

Question number: 24

» Analysis of Financial Statements » Financial Statements of a Company

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A club has 500 members each paying annual subscription received in advanced for the current year Rs. 10, 000. Subscription received during the year Rs. 30, 000. Calculate the amount of outstanding subscription?

Question number: 25

» Analysis of Financial Statements » Financial Statements of a Company

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Calculate the amount of sports material to be debited to the Income and Expenditure Account of Capital Sports Club for the year ended 31.3. 2007 on the basis of the following information

Information related to the preparation of account

information is given of two years

particulars

1.4. 2006 Rs.

31.3. 2007 Rs.

Stock of sports material

7, 500

6, 400

Creditors for sports material

2, 000

2, 600

Amount paid for sports material during the year was Rs. 19, 000.

Question number: 26

» Analysis of Financial Statements » Financial Statement Analysis

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Give five objectives of financial analysis.

Question number: 27

» Analysis of Financial Statements » Financial Statements of a Company

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What are the accumulated profit and accumulated losses?

Question number: 28

» Analysis of Financial Statements » Financial Statements of a Company

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Distinguish between New Profit - sharing ratio and sacrificing ratio?

Question number: 29

» Analysis of Financial Statements » Financial Statements of a Company

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How would you account for the cost of prizes purchased for distribution, of a ‘Prize-Flood’ is maintained?

Question number: 30

» Analysis of Financial Statements » Financial Statement Analysis

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what are the limitations of financial statement analysis?

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