Samacheer Kalvi 12th Accountancy Solutions A bankruptcy proceeding Company accounts

Samacheer Kalvi 12th Accountancy Solutions A bankruptcy proceeding Company accounts
  • In order to Bankers: Recommendations provided about financial comments try extreme with the bankers to evaluate if discover sufficient protection to pay for amount of one’s mortgage or overdraft.
  • So you can Regulators: Financial statements is tall on the government to assess this new income tax liability of providers questions also to body type and you can amend industrial rules.
  • So you’re able to Personnel: From monetary statements, the staff can assess the ability of one’s team to spend wages and you can if they have future development in the new matter.
  1. To analyze profits and you can generating strength.
  2. To review tomorrow and you can short term solvency of your own team.
  3. To choose the abilities in functions and employ off possessions.
  4. To find the show out-of government and staff.
  5. To choose the development into the conversion and you will production, etcetera.
  6. So you’re able to forecast for future years and you can prepare costs.
  7. And make inter-agency and you may intra – firm contrasting.

Question 4. From the following the balance piece ingredients, calculate development percentage, and you can comment on the exchangeability reputation regarding X ltd. You can even simply take 1990 due to the fact foot seasons.

Students is Install Accountancy A bankruptcy proceeding Balances Issues and Responses, Notes Pdf, Samacheer Kalvi 12th Accountancy Guide Alternatives Book Pdf really helps to modify the entire Tamilnadu State Board The newest Syllabus and you may rating way more inations.

Samacheer Kalvi 12th Accountancy Balances Text-book Right back Questions and Solutions

Matter 1. A desires display is one …………….. (i) hence deal preferential correct with respect to fee out-of bonus in the repaired speed (ii) which carries preferential best in terms of installment off funding towards the winding up (a) Just (i) is right (b) Simply (ii) is correct (c) Each other (i) and you can (ii) was correct (d) Both (i) and you may (ii) are completely wrong Address: (c) Both (i) and (ii) are proper

Matter dos. One part of share money which can be named up merely into ending up away from a buddies is named …………….. (a) Authorised funding (b) Entitled upwards financial support (c) Money set-aside (d) Put aside resource Respond to: (d) Reserve capital

Concern step three. At the time of forfeiture, show capital account try debited having …………….. (a) Par value (b) Affordable value (c) Paid up amount (d) Entitled up matter Address: (d) Entitled up number

Tamilnadu Samacheer Kalvi 12th Accountancy Alternatives A bankruptcy proceeding Records

Question cuatro. Adopting the sacrificed offers is actually reissued, the bill in the forfeited offers membership is relocated to …………….. (a) Standard reserve account (b) Capital reserve membership (c) Securities advanced account (d) Surplus membership Answer: (b) Financing put aside membership

Question 5. The amount obtained in addition to the latest face value is credited so you’re able to …………….. (a) Bonds advanced account (b) Calls in get better membership (c) Show money membership (d) Forfeited shares account Respond to: (a) Ties advanced membership

Question six. And therefore of the pursuing the report are false? (a) Awarded resource cannot become more compared to authorised financing (b) In case there is not as much as subscription, issued money could be below the fresh subscribed investment (c) Set aside resource is called during the time of ending up (d) Paid-up capital is part of entitled up investment Respond to: (b) If there is under subscription, given resource would-be lower than this new licensed investment

Question 7. Whenever offers try granted for purchase of possessions, the quantity shall be credited so you’re able to …………….. (a) Vendor’s A great/c (b) Sundry property A/c (c) Show financial support A beneficial/c (d) Lender A/c Address: (c) Share financing An excellent/c

Concern 9. In the event the a share of ? ten about what ? 8 could have been paid-up try forfeited. Lowest reissue price is .……………. (a) ? ten per express (b) ? 8 for each show (c) ? 5 each express (d) ? 2 for each and every express Address: (d) ? dos for each and every show