Board Question Paper : March 2019 — Elements of Account STD 12 Commerce — Question

How many types of activities are there in cash flow statement?

What is operating activities ?

State formula to determine percentage in profit and loss statement for common size financial statement.

State the objectives for preparation of financial statements.

State the uses of debenture premium amount.

Where will you disclose the following items given in a trial balance during the preparation of a final account of a partnership firm : Goods return debit

Which companies are not found in India even though it is permitted by the Companies Act ?

Where will you disclose the following items given in a trial balance during the preparation of a final account of a partnership firm: Loan given to firm by a partner

In which circumstances do companies issue shares for consideration other than cash?

Explain the meaning of realisation account.