DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 Tools for Financial Analysis Statements (Updated For 2021-22)

DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 Tools for Financial Analysis Statements

DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 Tools for Financial Analysis Statements: All the Class 12 Accountancy students can refer to DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 Tools for Financial Analysis Statements for clearing their accountancy doubts. You can even prepare for your exam and solve your assignments with its help.

Download Free PDF of DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 Tools for Financial Analysis Statements using the download link given in the blog. To know more, read the whole blog.

Download DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 Tools for Financial Analysis Statements PDF

DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 Tools for Financial Analysis Statements

 


Access Solutions Of DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 Tools for Financial Analysis Statements

Question 1

Following is the balance sheet of X Ltd. as on 31st March 2019 and 2018.

Particulars Note No. 31.03.2019 31.03.2018
   
I EQUITY AND LIABILITIES:      
Shareholder’s Funds:      
(a) Share Capital   10,00,000 5,00,000
(b) Reserves and Surplus   2,00,000 3,00,000
Non-Current Liabilities      
Long Term Borrowings   8,00,000 2,00,000
Current Liabilities      
Trade Payables   4,00,000 2,00,000
TOTAL   24,00,000 15,00,000
II.ASSETS:      
Non-Current Assets      
Fixed Assets:      
1.Tangible Assets   14,00,000 8,00,000
2. Intangible Assets   3,00,000 2,00,000
Current Assets      
A. Inventories   5,00,000 4,00,000
B. Cash and Cash Equivalents   2,00,000 1,00,000
TOTAL   24,00,000 15,00,000

Solution:

COMPARATIVE BALANCE SHEET OF X LTD.

As at 31st March 2018 and 2019

Particulars Note No. 31.03.

 

2018

31.03.

 

2019

Absolute Change

 

(< or >)

Percentage Change

 

(< or >)

1   2 3 4 5
    A B (B-A=C) C/A X 100 = D
I. EQUITY AND LIABILITIES:  
1. Shareholder’s Funds:          
a. Share capital   5,00,000 10,00,000 5,00,000 100.00 (1)
b. Reserves and Surplus   3,00,000 2,00,000 (1,00,000)* (33.33) (2)
2.Non-Current Liabilities:          
Long Term Borrowings   5,00,000 8,00,000 3,00,000 60.00
3. Current Liabilities:          
Trade Payables   2,00,000 4,00,000 3,00,000 100.00
TOTAL   15,00,000 24,00,000 9,00,000 60.00
II. ASSETS:          
1. Non-Current Assets:          
Fixed Assets:          
01. Tangible Assets   8,00,000 14,00,000 6,00,000 75.00
02. Intangible Assets   2,00,000 3,00,000 1,00,000 50.00
2. Current Assets:          
A.Inventories   4,00,000 5,00,000 1,00,000 25.00
B. Cash and Cash Equivalents   1,00,000 2,00,000 1,00,000 100.00
TOTAL   15,00,000 24,00,000 9,00,000 60.00

Question 2

What is a Comparative Statement of P&L?

Answer: A Comparative Statement of P&L depicts the figures of revenue from operations, expenses, incomes and net profit or loss for a number of years so that the changes in absolute data in terms of money as well as in terms of percentages may be known.

This is the complete blog on DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 Tools for Financial Analysis Statements. To know more about the CBSE Class 12 Accountancy exam, ask in the comments.

FAQs on DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 Tools for Financial Analysis Statements

From where can I find the download link for the DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 – Tools for Financial Analysis Statements PDF?

You can find the download link of DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 – Tools for Financial Analysis Statements PDF in the above blog.

How much does it cost to download the DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 – Tools for Financial Analysis Statements PDF?

You can download DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 – Tools for Financial Analysis Statements PDF for free.

Can I access the DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 – Tools for Financial Analysis Statements PDF Offline?

Once you have downloaded the DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 Tools for Financial Analysis Statements PDF online, you can access it offline whenever you want.

Is the DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 Tools for Financial Analysis Statements a credible source for Class 12 Accountancy exam preparation?

Yes, the solutions of DK Goel Accountancy Class 12 Solutions Vol 2 Chapter 3 Tools for Financial Analysis Statements are prepared by the subject matter experts, hence credible.

Leave a Comment