- To help you Bankers: Advice considering on economic statements is actually significant towards lenders to assess whether or not there’s enough safeguards to afford number of the financing otherwise overdraft.
- To Bodies: Financial comments is actually significant towards the regulators to evaluate the newest income tax accountability out of business questions and also to figure and you may amend industrial procedures.
- So you’re able to Professionals: From economic statements, the employees normally measure the feature of your own organization to expend wages and you can if they have upcoming growth in brand new concern.
- To research profitability and you may getting capability.
- To study the near future and you can brief solvency of your organization.
- To choose the results for the businesses and make use of off assets.
- To search for the results off management and personnel.
- To select the development in the conversion and design, an such like.
- To forecast for the future and ready yourself finances.
- And come up with inter-organization and you will intra – corporation evaluations.
Question cuatro. https://datingranking.net/escort-directory/south-bend/ On pursuing the balance sheet components, compute pattern commission, and you will comment on new liquidity status from X ltd. You can also get 1990 once the feet 12 months.
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Matter step 1. A choice express is one …………….. (i) and this offers preferential correct regarding fee of bonus during the fixed speed (ii) hence carries preferential correct regarding cost away from resource to your ending up (a) Only (i) is correct (b) Only (ii) is right (c) Each other (i) and you will (ii) are right (d) Each other (i) and you may (ii) was wrong Answer: (c) Both (i) and you will (ii) is actually best
Concern 2. One to element of show financing which will be named up just for the winding up of a family is named …………….. (a) Authorised financial support (b) Called up investment (c) Money reserve (d) Set aside investment Address: (d) Set aside capital
Matter 3. During forfeiture, express financial support membership try debited which have …………….. (a) Par value (b) Nominal worthy of (c) Paid-up matter (d) Called up count Answer: (d) Titled upwards matter
Tamilnadu Samacheer Kalvi 12th Accountancy Selection Chapter 7 Company accounts
Matter 4. Adopting the forfeited shares is actually reissued, the bill throughout the sacrificed offers membership should be gone to live in …………….. (a) General set aside membership (b) Funding set aside account (c) Securities premium account (d) Surplus account Respond to: (b) Money set-aside membership
Question 5. The total amount received in addition to the new face value was credited so you can …………….. (a) Securities premium account (b) Calls in advance membership (c) Express funding membership (d) Forfeited offers membership Respond to: (a) Ties superior membership
Question 6. And that of adopting the statement are not the case? (a) Granted resource cannot be much more compared to authorised financial support (b) If there is under membership, issued financing would be lower than this new registered funding (c) Set-aside financial support shall be entitled at the time of finding yourself (d) Paid up financing is part of named right up financing Address: (b) In case there is lower than membership, awarded financing would be lower than brand new licensed capital
Question eight. When offers are given for sale regarding property, the amount will be credited so you’re able to …………….. (a) Vendor’s An effective/c (b) Sundry assets A great/c (c) Share investment An excellent/c (d) Financial A/c Answer: (c) Express capital A great/c
Concern nine. If a share off ? 10 on what ? 8 has been paid up is actually forfeited. Minimal reissue price is …………….. (a) ? 10 each display (b) ? 8 for each show (c) ? 5 for each display (d) ? dos for every express Answer: (d) ? dos each express