Financial Statements PYQ — Page 7

Arrange the following under the heading Equities and Liabilities in balance sheet of a company. (A) Non-current liabilities (B) Current liabilities (C) Shareholders fund (D) Share application money pending allotment Choose the correct answer from the options given below:

Arrange the following steps to prepare the Comparative Statements- (A) List out absolute figures in rupees relating to two points of time (B) Prepare the format (C) Find out the change in absolute figures by subtracting the first year from the second year and indicate the change as increase or decrease. (D) Calculate the percentage change Choose the correct answer from the options given below:

Arrange the following steps in the correct sequence while calculating the cash flow from operating activities: (A) Add in profit deductions already made in the Statement of Profit and Loss on account of non-cash items (B) Calculate Operating Profit before Working Capital changes (C) Deduct additions (incomes) made in the Statement of Profit and Loss on Account of Non-operating items (D) Calculate Net Profit/Loss before Tax and Extraordinary Items Choose the correct answer from the options given below:

Arrange the following outcomes in the correct order for calculating profit and loss in the common-size statement (A) Net Profit (B) Non-Operating Income (C) Revenue from Operations (D) Profit after tax Choose the correct answer from the options given below:

Arrange the following in correct sequence of appearance in a cash flow statement (A) Cash and cash equivalents at the end (B) Cash flows from operating activities (C) Cash flows from investing activities (D) Cash flows from financing activities Choose the correct answer from the options given below:

Arrange the following in correct sequence in preparation of the Balance sheet of a company. (A) Non-current Liabilities (B) Shareholder's Funds (C) Current Liabilities (D) Contingent liabilities Choose the correct answer from the options given below: 1. (D), (B), (C), (A) 2. (B), (A), (C), (D) 3. (B), (A), (D), (C) 4. (C), (B), (D), (A)

Arrange the following Cash Flows from Operating Activities in sequence as per indirect method- (A) Income Tax Paid (B) Net Profit/Loss before Tax and Extraordinary Items (C) Operating Profit before Working Capital changes (D) Effects of Extraordinary Items relating to operating activity. Choose the correct answer from the options given below:

Arrange the following balance sheet items in accordance with the manner prescribed in the revised Schedule III to the Companies Act, 2013- (A) Current Assets (B) Shareholder's Funds (C) Non-current Liabilities (D) Non-Current Assets (E) Current Liabilities Choose the correct answer from the options given below:

Arrange following in correct order (A) Cash and cash equivalents (B) Investing activity (C) Operating Activity (D) Financing activity Choose the correct answer from the options given below:

Arrange 'Fixed Assets' in proper order (A) Intangible assets under development (B) Tangible assets (C) Intangible Assets (D) Capital Work in Progress Choose the correct answer from the options given below:

Arrange Financial Statements in Correct Sequence- (A) Cash Flow Statement (B) Balance Sheet (C) Profit and Loss A/c (D) Trading Account Choose the correct answer from the options given below:

Arrange different items of Balance Sheet as per revised Schedule III to the Companies Act, 2013- (A) Shareholder's Funds (B) Non-Current Assets (C) Current Liabilities (D) Share Application money pending allotment (E) Current Assets Choose the correct answer from the options given below:

Arrange different Classification of Activities for the Preparation of Cash Flow Statement- (A) Cash and Cash equivalents (B) Cash flow from Financing Activities (C) Cash flow from Investing Activities (D) Cash flow from Operating Activities Choose the correct answer from the options given below:

Arrange As Appear In Cash Flow Statement- (A) Investing activities (B) Operating activities (C) Financing Activities (D) Cash and cash equivalents Choose the correct answer from the options given below:

Arrange As Appear in Balance sheet as prescribed in part I of schedule III of the Companies act 2013- (A) Non-current liabilities (B) Current liabilities (C) Current Asset (D) Shareholders fund Choose the correct answer from the options given below:

_________ are especially interested in the average payment period, since it provides them with a sense of the bill-paying patterns of the firm.

Analysis simply means __________ data.

An annual report is issued by a company to its --------------.

Amount of Total current liabilities are:

Amount of Total Current Assets are:

ABC Ltd. has given you the following information: | | Rs. | |---|---| | Machinery as on April 01, 2024 | 50,000 | | Machinery as on March 31, 2025 | 60,000 | | Accumulated Depreciation on April 01, 2024 | 25,000 | | Accumulated Depreciation on March 31, 2025 | 15,000 | During the year, a Machine costing Rs. 25,000 with Accumulated Depreciation of Rs. 15,000 was sold for Rs. 13,000. Calculate cash flow from Investing Activities on the basis of the above information.

A trader carries an average inventory of Rs. 60,000. His inventory turnover ratio is 12 times. If he sells goods at a profit of 20% on revenue from operations, find out the gross profit.

A trader carries an average inventory of Rs. 40,000. His inventory turnover ratio is 8 times. If he sells goods at a profit of 20% on Revenue from operations, find out the gross profit.

A company issued shares of ₹ 3,00,000 to the public. How it will be shown under the Cash Flow Statement.