Chapter 1: Financial Statements of a Company, Chapter 2: Tools of Financial Statement Analysis-Comparative Statements and Common-Size Statements, Class 12 Accountancy - Analysis of Financial Statements, CBSE Previous Year Question Paper With Solution for Class 12 Arts, CBSE Previous Year Question Paper With Solution for Class 12 Commerce, CBSE Previous Year Question Paper With Solution for Class 12 Science, CBSE Previous Year Question Paper With Solution for Class 10, Maharashtra State Board Previous Year Question Paper With Solution for Class 12 Arts, Maharashtra State Board Previous Year Question Paper With Solution for Class 12 Commerce, Maharashtra State Board Previous Year Question Paper With Solution for Class 12 Science, Maharashtra State Board Previous Year Question Paper With Solution for Class 10, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 12 Arts, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 12 Commerce, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 12 Science, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 10, (b) Cash Received against Revenue from Services rendered, (p) Income Tax Paid on Gain of Sale of Asset, Surplus, i.e., Balance in Statement of Profit and Loss (Opening), Surplus, i.e., Balance in Statement of Profit and Loss (Closing), Insurance Proceeds from Earthquake disaster settlement, Net Profit before Tax and Extraordinary Items, Premium on Redemption of Preference Shares, Interest and Dividend Received on Investments, Net Profit after Provision for Tax and Payment of Dividend, Appropriation of Profit towards General Reserve, Net Profit (Difference between Closing and Opening Balance of Surplus, i.e., Balance in Statement of Profit and Loss), Compensation for Natural Disaster credited to Statement of Profit and Loss, Decrease in Current Assets (Other than Cash and Cash Equivalents), Increase in Current Assets (Other than Cash and Cash Equivalents), Accumulated Depreciation on 1st April, 2018, Accumulated Depreciation on 31st march, 2019, Current Assets (Trade Receivables and Inventories), Surplus i.e., Balance in Statement of Profit and Loss. Find the new profit-sharing ratio. Gopal Ltd. was registered with an authorised capital of Rs.50,00,000 divided into Equity Shares of Rs.10 each. Question 1. Following was the Balance Sheet of M.M. The questions involved in TS Grewal Solutions are important questions that can be asked in the final exam. Our team of experts have provide solutions for all previous editions of TS Grewal Accountancy book for Class 12. TS Grewal Accountancy Class 12 Solutions … This will clear students doubts about any question and improve application skills while preparing for board exams. Following is the Balance Sheet of Mevanca Limited as at 31st March, 2017:Mevanca Limited BALANCE SHEET as at 31st March, 2017: Additional Information :(i) Additional loan was taken on 1st July, 2016. Following are the extracts from the Balance Sheet of MAH Ltd. as at 31st March, 2019. Patents written off were ₹ 50,000 while a part of patents were sold at a profit of ₹ 40,000. Depreciation for the year was ₹35,000. The relevant extract from Balance Sheet as at 31st March, 2019 is: Depreciation charged on Plant and Machinery ₹ 55,000, insurance claim received ₹ 50,000, gain (profit) on sale of investment ₹ 20,000 appeared in the Statement of Profit and Loss for the year ended 31st March, 2019. Investments costing ₹ 24,000 were sold during the year for ₹ 25,5000. Contents of the App: T.S. Comparative Statement of Profit and Loss: TS Grewal Solutions 12,13,14,15 \u0026 16 Class 12 Accounts 10. that can be asked in the final exam. (b) Dividend received on Shares. 2. Dividend paid during the year ₹ 50,000. Show how are the following items dealt with while preparing the final accounts for the year ended 31st March,2016 of a Not – […] From the following Balance Sheet of Kumar Ltd. as at 31st March, 2019, prepare Cash Flow Statement. Compute Cash Flow from Operating Activities from the following:(i) Profit for the year ended 31st March, 2019 is ₹ 10,000 after providing for depreciation of ₹ 2,000. Machinery was purchased during the year ₹ 33,000.5. Its really easy to understand and if you solve the examples and questions given at the end of each chapter. Machinery was purchased during the year ₹ 33,000. Access NCERT Solutions for Class 12 Accountancy. That's not true, indeed, if you know how to appreciate the beauty of this app and how to use and get good results in this subject. Additional debentures were issued on 1st October, 2018 of ₹5,00,000. TS Grewal Solutions Class 12 Accountancy Books 2020 2021 edition, TS Grewal Accountancy Solutions for Class 12, TS Grewal Solution Class 12 Chapter 1 Accounting for Partnership Firms Fundamentals (2018 2019), TS Grewal Solution Class 12 Chapter 2 Accounting for Partnership Firms Fundamentals (2019-2020), TS Grewal Solution Class 12 Chapter 2 Goodwill Nature and Valuation (2018 2019), TS Grewal Solution Class 12 Chapter 3 Change in Profit Sharing Ratio (2018 2019), TS Grewal Solution Class 12 Chapter 3 Goodwill Nature and Valuation (2019 2020), TS Grewal Solution Class 12 Chapter 4 Change in Profit Sharing Ratio Among the Existing Partners (2019-2020), TS Grewal Solution Class 12 Chapter 5 Admission of a Partner (2019 2020). Land was sold at a profit of ₹ 60,000.4. Concepts covered in Class 12 Accountancy - Analysis of Financial Statements chapter 4 Cash Flow Statement are Concept of Cash Flow Statement, Benefits of Cash Flow Statement, Cash and Cash Equivalents, Classification of Activities for the Preparation of Cash Flow Statement, Ascertaining Cash Flow from Operating Activities, Ascertainment of Cash Flow from Investing and Financing Activities, Preparation of Cash Flow Statement. From the following Balance Sheet of Akash Ltd. as at 31st March 2014: Surplus,i.e.,Balance in Statement of Profit and Loss. Click here to download NCERT Solutions for questions of Class 12 Accountancy NCERT Book. Download latest curriculum with important topics, chapter weightage, topic wise... Download HOTs Questions for Class 12 Accountancy for all important topics in Class 12 Accountancy based on CBSE NCERT syllabus and latest pattern. Plant and Machinery with a Book Value of ₹ 60,000 was sold for ₹ 40,000.3. Additional Information: Proposed Dividend for the years ended 31st March, 2018 and 2019 are ₹ 4,00,000 and ₹ 5,00,000 respectively.Prepare the Note to show Net Profit before Tax and Extraordinary Items. Shaalaa.com has the CBSE Class 12 Accountancy - Analysis of Financial Statements solutions in a manner that help students grasp basic concepts better and faster. On this page you can access free TS Grewal Accountancy Class 12 Solutions for 2020 2021 edition book for Volume 1, 2 and 3. Depreciation charged on Plant and Machinery ₹ 50,000.2. Depreciation provided on tangible Assets ₹ 60,000;(ii) Income tax ₹ 45,000 was provided;(iii) Additional Debentures were issued at par on 1st October, 2018 and Bank Loan was repaid on the same date;(iv) At the end of the year Preference Shares were redeemed at a premium of 5%. During the year, a part of the Fixed Assets costing ₹ 30,000 was sold for ₹ 36,000. From the following Balance Sheet of JY Ltd. as at 31st March 2017, prepare a Cash Flow Statement: Proposed Dividend for the years ended 31st March, 2016 and 2017 are ₹ 50,000 and ₹ 75,000 respectively. 12% Debentures of face value ₹ 1,00,000 were issued on 31st March, 2019. Additional Information:1. 1. 12% Debentures were redeemed on 31st March, 2015. Proposed Dividend for the year ended 31st March, 2019 was ₹ 25,000 and for the year ended 31st March, 2018 was ₹ 14,000. During the year, a part of the Fixed Assets costing ₹ 30,000 was sold for ₹ 36,000. (ii) Interim Dividend paid during the year was ₹ 10,000. The profit and loss account of Roy Limited is given here under. Chapter 1 Company Accounts Financial Statements of Not-for-Profit Organisations; Chapter 2 Accounting for Partnership Firms – Fundamentals; Chapter 3 Goodwill: Nature and Valuation; Chapter 4 Change in Profit – Sharing Ratio Among the Existing Partners (ii) Dividend on Equity Shares @ 8% was paid on Opening Balance. You are required to prepare Cash Flow Statement for the year ended 31st March, 2019. Click below to access free TS Grewal solutions 12% Debentures were redeemed on 31st March, 2015.2. Here we are providing the solutions to all the chapters of TS Grewal Accountancy Class 12 Textbook for the students. From the following information, calculate Net Profit before Tax and Extraordinary Items: From the following information, calculate Operating Profit before Working Capital Changes: From the following Balance Sheet of Double Tree Ltd. as at 31st March, 2019 and additional information, calculate Operating Profit before Working Capital Changes: (b) Other Current Liabilities (Outstanding Expenses), (c) Short-term Provisions (Provision for Tax), Surplus, i.e., Balance in Statement of Profit and Loss. Other information available is (changes in the value of Current Assets and Current Liabilities): trade receivables showed an increase of ₹ 3,000; trade payables an increase of ₹ 6,000; Prepaid expenses an increase of ₹ 200; and outstanding expenses a decrease of ₹ 2,000.Ascertain Cash Flow from Operating Activities. (ii) Tax of ₹ 53,000 was paid during the year.Prepare Cash Flow Statement. From the following information, calculation Cash Flow from Operating Activities and Investing Activities: Additional Information:1. (b) Paid ₹2,50,000 to acquire shares in Informa Tech Ltd. and received a dividend of ₹50,000 after acquisition. 4. Right now we added the solutions of the class 12th text book(TS Grewal Vol-iii Edition-2018) in this app, which help you get the answers in on just single click and through which you get better understanding on the questions. Board of Directors proposed dividend in both the years @ 10%.3. (ii) Depreciation provided on Machinery during the year was ₹30,000. From the following information, calculate Cash Flow from Investing Activities: A building was purchased as investment out of surplus which was let out for commercial purposes.Rent Received ₹20,000. TS Grewal Solutions for Class 11 Accountancy Chapter 9 - Bank Reconciliation Statement Q.12 Bank Statement of a customer shows bank balance of ₹ 62,000 on 31st March, 2019. Depreciation on Land and Building was ₹ 50,000 for the year.3. It was let out for commercial purpose and the rent received was ₹ 20,000.2. Dividend received from Damodar Ltd. @ 12%.3. Solutions for TS Grewal's Analysis of Financial Statements: Textbook for CBSE Class 12 (2020 Session) Chapter 1 Financial Statement of a Company. TS Grewal Textbook Solutions are outlined by subject matter experts. Prepare Cash Flow Statement from the following: STATEMENT OF PROFIT AND LOSSfor the year ended 31st March, 2019, (c) Short-term Provision: Provision form Tax, (a) Short-term Investments (Marketable Security), Surplus, i.e., Balance in Statement of Profit and Loss. The Interim Dividend paid during the year amounted to ₹ 1,20,000. Studiestoday team of teachers have provided free solutions for all chapters in TS Grewal Class 12 Accountancy books. From the following information, calculate Cash Flow from Financing Activities: During the year, the company repaid a loan of ₹1,00,000. Grewal's Analysis of Financial Statements: Textbook for CBSE Class 12 (2020-21 Session), TS Grewal Accountancy Class 12 Solutions Volume 1, Solutions for TS Grewal's Double Entry Book Keeping: Accounting for Not-for-Profit Organizations and Partnership Firms (Volume 1) Textbook for CBSE Class 12 (2020 Session), Chapter 1 Financial Statement of Not for Profit Organisations, Chapter 2 Accounting for Partnership Firms Fundamentals, Chapter 4 Change in Profit Sharing Ratio Among the Existing Partners, Chapter 8 Dissolution of a Partnership Firm, TS Grewal Accountancy Class 12 Solutions Volume 2, Solutions for TS Grewal's Double Entry Book Keeping Accounting for Companies: Textbook for CBSE Class 12 Volume 2 (2020 Session), Chapter 8 Company Accounts Accounting for Share Capital, Chapter 9 Company Accounts Issue of Debentures, Chapter 10 Company Accounts Redemption of Debentures, Solutions for TS Grewal's Analysis of Financial Statements: Textbook for CBSE Class 12 (2020 Session), Chapter 1 Financial Statement of a Company, Chapter 3 Tools of Financial Statement Analysis, Click below to access free TS Grewal solutions. 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