AHSEC Class 12 Accountancy Question Bank:
Analysis of Financial Statements for 2026 exam
UNIT – 9 Analysis of Financial Statements Practical Problems
|
Particulars |
2019 (Rs.) |
2020 (Rs.) |
|
I.
EQUITY AND LIABILITIES 1.
Shareholder’s Funds a)
Share Capital b)
Reserve and Surplus 2.
Non-Current Liabilities Long-term
Borrowings (12% Debentures) 3.
Current Liabilities (Trade Payables) |
7,50,000 4,50,000 7,50,000 3,00,000 |
15,00,000 3,00,000 12,00,000 6,00,000 |
|
Total |
22,50,000 |
36,00,000 |
|
II.
ASSETS 1.
Non-Current Assets Fixed
Assets 2.
Current Assets |
15,00,000 7,50,000 |
22,50,000 13,50,000 |
|
Total |
22,50,000 |
36,00,000 |
[Percentage Change: Share Capital 100%; Reserves (33.33%); Loan 60%; Current Liabilities 100%; Fixed Assets 50%; Current Assets 80%]
Q.2. From the following Balance Sheets as at
31at March, 2019 and 2020, prepare Comparative and Common size Balance Sheet:
|
Particulars |
2019 (Rs.) |
2020 (Rs.) |
|
I.
EQUITY AND LIABILITIES 1.
Shareholder’s Funds a)
Share Capital b)
Reserve and Surplus 2.
Non-Current Liabilities - Long-term Borrowings (12% Loan) 3.
Current Liabilities a)
Short-term Borrowings b)
Trade Payables c)
Short-term Provisions |
7,50,000 4,50,000 7,50,000 1,75,000 1,00,000 25,000 |
15,00,000 3,00,000 12,00,000 3,50,000 2,00,000 50,000 |
|
Total |
22,50,000 |
36,00,000 |
|
II.
ASSETS 1.
Non-Current Assets Fixed
Assets (Tangible) 2.
Current Assets a)
Inventories b)
Trade Receivables c)
Cash and Cash Equivalents |
15,00,000 2,50,000 4,50,000 50,000 |
22,50,000 4,50,000 8,00,000 1,00,000 |
|
Total |
22,50,000 |
36,00,000 |
[Percentage change: Share Capital 100%;
Reserves (33.33%); Loan 60%; Current Liabilities: Short-term Borrowings 100%;
Trade Payables 100%; Short-term Provisions 100%; Current Assets 80%; Fixed
Assets 50%; Total 60%]
Q.3. Prepare Comparative and common size
Income Statement from the following Statement of Profit and Loss:
|
Particulars |
2019 (Rs.) |
2020 (Rs.) |
|
I.
Income Revenue from Operations (Sales) |
3,00,000 |
3,50,000 |
|
II.
Expenses Purchase of Stock-in-Trade Changes in Inventories of
Stock-in-Trade Employees Benefit Expenses Other Expenses |
1,80,000 20,000 15,000 5,000 |
2,10,000 15,000 17,500 7,500 |
|
Total |
2,20,000 |
2,50,000 |
|
III. Net
Profit (I – II) |
80,000 |
1,00,000 |
Q.4. Prepare Comparative Income Statement from
the following Statement of Profit and Loss:
|
Particulars |
2019 (Rs.) |
2020 (Rs.) |
|
I.
Income Revenue from Operations (Sales) |
2,50,000 |
3,00,000 |
|
II.
Expenses Cost of Materials Consumed Changes in Inventories of WIP and
Finished Goods Employees Benefit Expenses (Wages) Other Expenses |
1,00,000 5,000 25,000 20,000 |
1,20,000 (2,000) 30,000 22,000 |
|
Total |
1,50,000 |
1,70,000 |
|
III. Net
Profit (I – II) |
1,00,000 |
1,30,000 |
Q. 5. Prepare a comparative income Statements
of Sunny Ltd. with the help of the following information. (5) 2012
|
Particulars |
2011 (Rs) |
2012 (Rs) |
|
Sales Cost of
Goods sold Administrative
expenses Income
Tax |
6,00,000 40% of
sales 20% of
gross profit 50% |
8,00,000 50% of Sales 15% of gross profit 50% |
Q. 6. Prepare a Comparative Income Statement from the following particulars: 2019
|
Particulars |
2017 (Rs.) |
2018 (Rs.) |
|
Sales Cost of Goods Sold Administrative Expenses Other Income Income Tax |
4,00,000 2,00,000 40,000 20,000 60,000 |
5,00,000 3,00,000 1,00,000 30,000 70,000 |
Q.7. From the following Income Statement, prepare Common Size
Income Statement and give your comments: 5 2022
|
Particulars |
2018 (Rs.) |
2019 (Rs.) |
Particulars |
2018 (Rs.) |
2019 (Rs.) |
|
To Cost of Goods Sold To Gross Profit c/d |
95,000 25,000 |
1,05,000 40,000 |
By Net Sales |
1,20,000 |
1,45,000 |
|
|
1,20,000 |
1,45,000 |
|
1,20,000 |
1,45,000 |
|
To Office Expenses To Distribution Expenses To Net Profit c/d |
2,000 3,000 20,000 |
8,000 5,000 27,000 |
By Gross Profit b/d |
25,000 |
40,000 |
|
|
25,000 |
40,000 |
|
25,000 |
40,000 |
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ALSO READ (AHSEC ASSAM BOARD CLASS 12):
1. AHSEC CLASS 12 ACCOUNTANCY CHAPTERWISE NOTES
2. AHSEC CLASS 12 ACCOUNTANCY IMPORTANT QUESTION (THEORY)
3. AHSEC CLASS 12 ACCOUNTANCY IMPORTANT QUESTION BANK (PRACTICAL)
4. AHSEC CLASS 12 ACCOUNTANCY PAST EXAM PAPERS (FROM 2012 TILL DATE)
5. AHSEC CLASS 12 ACCOUNTANCY SOLVED QUESTION PAPERS (FROM 2012 TILL DATE)
6. AHSEC CLASS 12 ACCOUNTANCY CHAPTERWISE MCQS
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CHAPTERWISE PRACTICAL IMPORTANT QUESTIONS
PROFIT AND LOSS APPROPRIATION ACCOUNT AND PARTNERSHIP DEED
RETIREMENT OF A PARTNER
DEATH OF A PARTNER
DISSOLUTION OF PARTNERSHIP FIRM
ACCOUNTING FOR SHARE CAPITAL
ISSUE AND REDEMPTION OF DEBENTURES
ANALYSIS OF FINANCIAL STATEMENTS
RATIO ANALYSIS
CASH FLOW STATEMENT
Q.8.Prepare a common size Income Statement from the following information: 2020
|
|
(Rs.) |
|
Sales Cost of Goods Sold Operating Expenses Depreciation Income from Investment Income Tax |
5,00,000 3,78,000 62,500 22,000 70,000 32,500 |
Q.9. From
the following Income Statement, prepare Common Size Income Statement and give
your comments: 2022
|
Particulars
|
2018 (Rs.) |
2019
(Rs.) |
Particulars
|
2018
(Rs.) |
2019
(Rs.) |
|
To Cost
of Goods Sold To Gross
Profit c/d |
95,000 25,000 |
1,05,000 40,000 |
By Net
Sales |
1,20,000 |
1,45,000 |
|
|
1,20,000 |
1,45,000 |
|
1,20,000 |
1,45,000 |
|
To
Office Expenses To
Distribution Expenses To Net
Profit c/d |
2,000 3,000 20,000 |
8,000 5,000 27,000 |
By Gross
Profit b/d |
25,000 |
40,000 |
|
|
25,000 |
40,000 |
|
25,000 |
40,000 |
Q.10. Prepare a
Common Size Income Statement of Maina Ltd. from the following informations: 2024
|
Particulars |
2022
(Rs.) |
2023
(Rs.) |
|
Sales Sales
Returns Cost of
Goods Sold Office
Expenses Non-operating
Incomes Non-operating
Expenses Income Tax
Rate |
1,05,000 5,000 70,000 3,000 5,000 1,000 50% |
1,10,000 10,000 74,800 3,200 6,600 1,100 50% |
Q.11. Prepare a Comparative Income Statement
from the following particulars: 2023
|
Particulars |
2020 (Rs.) |
2021 (Rs.) |
|
Gross Sales Sales Returns Cost of Goods Sold Operating Expenses Income Tax |
1,20,200 10,400 80,000 24,000 50% |
1,35,800 7,600 84,000 18,000 50% |
Q.12.
Prepare a Comparative Income Statement from the following particulars of BP
Ltd. 2025
|
Particulars |
2022 (₹) |
2023 (₹) |
|
Sales |
4,00,000 |
6,00,000 |
|
Cost of Goods Sold |
60% of Sales |
60% of Sales |
|
Indirect Expenses |
5% of Sales |
5% of Sales |
|
Rate of Income Tax |
50% of Net Profit before tax |
50% of Net Profit before tax |
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