Tools for Financial Analysis: Comparative Statements — Accountancy STD 12 Commerce — Question

Raja Ltd. invited applications for issuing 50,000 Equity Shares of ₹ 10 each.
The amount was payable as follow:

On Application	-	₹ 3 per share,
On Allotment	-	₹ 5 per share
On First and Final call	-	Balance

Applications for 70,000 shares were received. Allotment was made to all applicants on pro rata basis. Excess money received on application was adjusted towards sums due on allotment. Ramesh, who had applied for 700 shares, did not pay the allotment money and on his failure to pay the allotment money his shares were forfeited. Afterwards, the first and the final call was made. Adhar, who had been allotted 500 shares, did not pay the first and final call. His shares were also forfeited. Out of the forfeited shares 900 shares were reissued at ₹ 8 per share as fully paid-up. The reissued shares included all the shares of Ramesh.
Pass necessary journal entries for the above transactions in the books of the company.

From the following information, prepare a Comparative Balance Sheet of Depth Ltd.

‘Amrit Dhara Ltd.’ invited applications for issuing 80,000 equity shares of ₹ 10 each. The amount was payable as follows:

On Application and Allotment	₹ 2 per share
On first call	₹ 4 per share.
On second and final call	the balance.

Applications for 1,00,000 shares were received. Shares were allotted on pro-rata basis to all the applicants. Excess money received with applications was adjusted towards sums due on first call. Manohar who had applied for 2,000 shares failed to pay the first call and his shares were immediately forfeited. Afterwards second and final call was made. Mohan who was allotted 2,400 shares failed to pay the second and final call. His shares were also forfeited. All the forfeited shares were re-issued at ₹ 9 per share as fully paid up.
Pass necessary Journal Entries in the books of the company for the above transactions.

VXN Ltd. invited applications for issuing 50,000 equity shares of ₹ 10 each at a premium of ₹ 8 per share. The amount was payable as follows:

On Application	-	₹ 4 per share (Including ₹ 2 premium);
On Allotment	-	₹ 6 per share (Including ₹ 3 premium);
On First Call	-	₹ 5 per share (Including ₹ 1 premium); and
On Second and Final Call	-	Balance Amount

The issue was fully subscribed. Gopal, a shareholder holding 200 shares, did not pay the allotment money and Madhav, a holder of 400 shares, paid his entire share money along with the allotment money. Gopal's shares were immediately forfeited after allotment. Afterwards, the first call was made. Krishna, a holder of 100 shares, failed to pay the first call money and Girdhar, a holder of 300 shares, paid the second call money also along with the first call. Krishna's shares were forfeited immediately after the first call. Second and final call was made afterwards and was duly received. All the forfeited shares were reissued at ₹ 9 per share fully paid-up.
Pass necessary journal entries for the above transactions in the books of the company.

From the above Comparative Statment of Profit and loss for the year ended 31st March, 2017 and 31st March, 2018, compute Operating ratio.

Give a format of Common Size Balance Sheet of a company for two years.

Following is the Balance Sheet of Akash Ltd. as on 31st March, 2014:
Notes to Accounts:

Additional Information:

1. Tax paid during the year amounted to ₹ 16,000.
2. Machine with a net book value of ₹ 10,000 (Accumulated Depreciation ₹ 40,000) was sold for ₹ 2,000.

Prepare Cash Flow Statement.

From the following statement of profit and loss of antriksh Ltd. for the year ended 31st march 2012 and 2013, prepare the comparative statement of profit and loss:

From the following Statement of Profit and Loss of Star Ltd. for the years ended 31st March 2018 and 2017 prepare a comparative statement of Profit & Loss: