- In order to Bankers: Guidance offered about economic statements are significant into bankers to assess whether or not there clearly was sufficient safeguards to cover number of one’s mortgage otherwise overdraft.
- So you’re able to Bodies: Monetary comments was significant for the authorities to evaluate brand new taxation responsibility regarding team issues also to physical stature and amend commercial regulations.
- So you can Professionals: From the economic comments, the employees can also be measure the function of your own business to blow salaries and you can whether they have upcoming development in the brand new matter.
- To research success and you may making capabilities.
- To analyze tomorrow and you will temporary solvency of your business.
- To choose the overall performance from inside the surgery and rehearse out of possessions.
- To find the abilities out-of administration and you can teams.
- To select the pattern in transformation and you may development, etcetera.
- So you’re able to forecast for the future and you will prepare costs.
- And make inter-company and you may intra – enterprise reviews.
Question 4. In the following balance layer components, compute development percentage, and you will discuss brand new liquidity standing regarding X ltd. You are able to take 1990 because the base seasons.
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Samacheer Kalvi 12th Accountancy Records Text-book Straight back Concerns and you may Solutions
Question step one. An inclination show is just one ….. https://datingranking.net/escort-directory/odessa/………… (i) and this sells preferential best with respect to percentage of dividend from the fixed rate (ii) and therefore carries preferential correct in terms of fees away from money on the winding up (a) Just (i) is correct (b) Only (ii) is correct (c) One another (i) and (ii) is right (d) Both (i) and you will (ii) are wrong Address: (c) One another (i) and (ii) try right
Concern 2. You to definitely part of show capital which will be entitled right up merely into ending up out of a pals is named …………….. (a) Authorised funding (b) Titled up resource (c) Money set aside (d) Put aside financial support Respond to: (d) Set aside financing
Question step 3. At the time of forfeiture, express funding account are debited with …………….. (a) Par value (b) Affordable worthy of (c) Paid up matter (d) Called up number Respond to: (d) Entitled upwards count
Tamilnadu Samacheer Kalvi 12th Accountancy Choice Chapter 7 Records
Matter cuatro. Following the forfeited offers is actually reissued, the balance about sacrificed shares membership are transferred to …………….. (a) General put aside membership (b) Investment reserve account (c) Securities premium account (d) Surplus membership Respond to: (b) Financial support set-aside membership
Matter 5. The amount obtained past the newest face value is paid to help you …………….. (a) Securities superior membership (b) Calls in get better membership (c) Show resource membership (d) Forfeited shares membership Respond to: (a) Securities superior membership
Question six. And therefore of your own pursuing the declaration is incorrect? (a) Given funding will never be more than the authorised investment (b) In case there is less than membership, provided capital might be lower than the latest registered resource (c) Put aside capital will be titled during the time of finding yourself (d) Paid-up money falls under called up investment Respond to: (b) If there is around subscription, provided financial support would be below the fresh signed up capital
Question seven. When offers are granted for sale regarding property, the total amount should be credited so you’re able to …………….. (a) Vendor’s A/c (b) Sundry possessions A great/c (c) Show money An excellent/c (d) Bank A beneficial/c Answer: (c) Share resource Good/c
Matter 9. In the event the a percentage of ? ten on which ? 8 could have been paid up was forfeited. Lowest reissue price is …………….. (a) ? 10 for each and every show (b) ? 8 for each and every express (c) ? 5 for every single show (d) ? 2 for every single express Address: (d) ? 2 each display