List of top Accountancy Questions on Financial Statements Analysis asked in CBSE CLASS XII

During the year ended 31st March, 2025, H.P. Ltd. paid an interim dividend of ₹ 50,00,000. From the following, choose the correct option for the purpose of preparing 'Cash Flow Statement':
Which of the following is a financing activity for the purpose of preparing a Cash Flow Statement?
The statement that shows changes in all items of financial statements in absolute and percentage terms over a period of time, for a firm, or between two firms is called ______.
_______ ratios indicate the speed at which activities of the business are being performed.
The Current Ratio of Magnum Ltd. is 2.5 : 1. Which of the following transactions will result in decrease in this ratio?
From the following information of AK Ltd., prepare a Comparative Statement of Profit and Loss for the year ended 31st March, 2024.

From the following information, prepare a Common Size Statement of Profit and Loss of Beatnik Ltd. for the year ended 31st March 2024.

Particulars 2023–24 (₹)2022–23 (₹)
Revenue from Operations80,00,00040,00,000
Purchase of Stock in Trade8,00,0004,00,000
Other Expenses80,00040,000

 

Prepare a Common Size Statement of Profit and Loss of Laveena Ltd. for the year ended 31st March, 2023 and 31st March, 2024 from the following information:

Particulars2023--24 (₹)2022--23 (₹)
Revenue from operations₹80,00,000₹40,00,000
Purchase of stock in trade₹8,00,000₹4,00,000
Other expenses₹80,000₹40,000


Tax Rate: $50%$

Under which major heads and sub-heads will the following items appear in the Balance Sheet as per Schedule III, Part I of the Companies Act, 2013? (i) Capital Reserve
(ii) Trade Payables
(iii) Goodwill