Tools of Financial Statement Analysis — Accountancy STD 12 Commerce — Question

You are required to prepare a Cash Flow Statement (as per AS-3) for the year 2017-18 from the following Balance Sheets:

Additional Information:
During the year 2017-18:

1. Building costing ₹ 75,000 was purchased
2. An old building, the book value of which was ₹ 63,000., was sold at a loss of ₹ 5,000.
3. Tax provided during the year was ₹ 80,000.
4. Proposed Dividend for the year ended 31st March, 2017 was 20% and for the year ended 31st March, 2018 was 10%.

Following is the Balance Sheet of Vikas Ltd. as at 31st March, 2018 Note:
Throw light on the short-term financial position of the Company with the help of suitable ratios.

From the following balance sheet of Royal industries Ltd. as at 31st march 2018 prepare comparative balance sheet:

Pass necessary journal entries for the following transaction:

1. Issued 60,000, 9% debentures of Rs. 75 each at a premium of Rs. 25 per debenture.
2. Purchased 3,000, 9% own debentures of Rs. 100 each at Rs. 97 each for immediate cancellation.
3. Converted 1,800, 9% debenture of Rs. 100 each into 12% debentures of Rs. 100 each issued at a premium of 25%.

X Ltd. is in the business of construction of housing projects. The Company decided to construct one hundred low cost houses for economically weaker section of the society and provide these houses to them at highly subsidised rates. Following is the Comparative statement of Profit and Loss of X Ltd. for two consecutive years:
You are required to:

1. Fill in the missing figures in the Comparative Statement of Profit & Loss.
2. Compute the Net Profit Ratio for both the years.
3. Identify the value involved.

X Ltd. raised a bank loan of ₹ 10,00,000 and issued by way of collateral security 10,000, 12% Debentures of ₹ 100 each. The Company further issued to public 15,000, 12% Debentures of ₹ 100 each at 2% discount payable ₹ 30 on application, ₹ 18 on allotment, ₹ 20 on first call and the balance a month later. The public applied for 20,000 debentures. Applications for 12,000 debentures were accepted in full, applications for 4,000 debentures were allotted 3,000 debentures and the remaining applications were rejected. All amounts were duly received. Prepare journal entries.

Prepare a comparative Statement of Profit of Varun Ltd. with the help of the following information:

From the following Balance sheet of Depth Ltd as at 31 march, 2018, prepare comparative Balance sheet:

Give a specimen of Comparative Balance Sheet of a Company for two years for comparison purpose.

Give a format of Common Size Statement of Profit & Loss for two years.