• AglaSem
  • Schools
  • Admission
  • Career
  • News
  • Hindi
  • Mock Test
  • Docs
  • ATSE
aglasem
  • CBSE
    • Date Sheet
    • Syllabus
    • Sample Papers
    • Question Papers
  • ICSE / ISC
  • State Boards
    • Date Sheet
    • Admit Card
    • Result
    • Sample Paper
    • Question Paper
  • NCERT
    • NCERT Books
    • NCERT Solutions
    • NCERT Exempler
    • Teaching Material
  • Mock Tests
  • Study Material
    • Notes
    • Solved Sample Papers
    • Maps
    • Writing Skill Format
  • Olympiads
    • ATSE
    • KVPY
    • NTSE
    • NMMS
  • School Admission
  • Entrance Exams
    • JEE Main
    • NEET
    • CLAT
  • Students Guide
    • Careers Opportunities
    • Courses & Career
    • Courses after 12th
  • Others
    • RD Sharma Solutions
    • HC Verma Solutions
    • Teaching Material
    • Classes Wise Resources
    • Videos
No Result
View All Result
aglasem
  • CBSE
    • Date Sheet
    • Syllabus
    • Sample Papers
    • Question Papers
  • ICSE / ISC
  • State Boards
    • Date Sheet
    • Admit Card
    • Result
    • Sample Paper
    • Question Paper
  • NCERT
    • NCERT Books
    • NCERT Solutions
    • NCERT Exempler
    • Teaching Material
  • Mock Tests
  • Study Material
    • Notes
    • Solved Sample Papers
    • Maps
    • Writing Skill Format
  • Olympiads
    • ATSE
    • KVPY
    • NTSE
    • NMMS
  • School Admission
  • Entrance Exams
    • JEE Main
    • NEET
    • CLAT
  • Students Guide
    • Careers Opportunities
    • Courses & Career
    • Courses after 12th
  • Others
    • RD Sharma Solutions
    • HC Verma Solutions
    • Teaching Material
    • Classes Wise Resources
    • Videos
No Result
View All Result
aglasem
No Result
View All Result

NCERT Solutions for Class 12 Accountancy II Chapter 4 Analysis Of Financial Statements

by aglasem
January 7, 2022
in 12th Class
Reading Time: 1 min read
0

NCERT Solutions for Class 12 Accountancy II Chapter 4 Analysis Of Financial Statements – Here are all the NCERT solutions for Class 12 Accountancy II Chapter 4. This solution contains questions, answers, images, explanations of the complete chapter 4 titled Analysis Of Financial Statements taught in Class 12. If you are a student of Class 12 who is using NCERT Textbook to study Accountancy II, then you must come across chapter 4 Analysis Of Financial Statements. After you have studied lesson, you must be looking for answers of its questions. Here you can get complete NCERT Solutions for Class 12 Accountancy II Chapter 4 Analysis Of Financial Statements.

Go to Exercise

NCERT Solutions Class 12 Accountancy Chapter 4 Analysis Of Financial Statements

Subscribe For Latest Updates

Here on AglaSem Schools, you can access to NCERT Book Solutions in free pdf for Accountancy for Class 12 so that you can refer them as and when required. The NCERT Solutions to the questions after every unit of NCERT textbooks aimed at helping students solving difficult questions.

For a better understanding of this chapter, you should also see summary of Chapter 4 Analysis Of Financial Statements , Accountancy, Class 12.

Class 12
Subject Accountancy
Book Accountancy 2
Chapter Number 4
Chapter Name

Analysis Of Financial Statements

NCERT Solutions Class 12 Accountancy chapter 4 Analysis Of Financial Statements

  • AEEE 2020 - Amrita Vishwa Vidyapeetham
  • Rungta Institute Admission 2022 Open
  • REVA University Admission 2022 Open
  • LPU Admission 2022 Open - India's Top Ranked University

Class 12, Accountancy chapter 4, Analysis Of Financial Statements solutions are given below in PDF format. You can view them online or download PDF file for future use.

Analysis Of Financial Statements Download

NCERT Solutions for Class 12 Accountancy (Accountancy-II) Chapter 4 Analysis of financial Statements Download

Did you find NCERT Solutions Class 12 Accountancy chapter 4 Analysis Of Financial Statements helpful? If yes, please comment below. Also please like, and share it with your friends!

NCERT Solutions Class 12 Accountancy chapter 4 Analysis Of Financial Statements- Video

You can also watch the video solutions of NCERT Class12 Accountancy chapter 4 Analysis Of Financial Statements here.

Video – will be available soon.

If you liked the video, please subscribe to our YouTube channel so that you can get more such interesting and useful study resources.

Download NCERT Solutions Class 12 Accountancy chapter 4 Analysis Of Financial Statements In PDF Format

You can also download here the NCERT Solutions Class 12 Accountancy chapter 4 Analysis Of Financial Statements in PDF format.

Click Here to download NCERT Solutions for Class 12 Accountancy chapter 4 Analysis Of Financial Statements

Question & Answer

Q.1: List the techniques of Financial Statement Analysis.

Ans : The following are the commonly used techniques of Financial Statement analysis : 1. Comparative Financial Statements 2. Common Size Financial Statements 3. Trend Analysis 4. Ratio Analysis 5. Cash Flow Statement 6. Fund Flow Statement The above listed techniques can be classified on the following basis: A. On the basis of Comparison 1. Inter-firm Comparison a) Comparative Statement (Balance Sheet, Profit and Loss Account) b) Common size Statement (of the same period) c) Ratio of two or more Competitive Firms (of the same period) d) Cash Flow Statement of two or more Competitive firms e) Polygon, Bar Diagram 2. Intra-firm Comparison a) Comparative Statement (Balance Sheet, Profit and Loss Account) b) Common size Statement (of the same period) c) Ratio of two or more Competitive Firms (of the same period) d) Cash Flow Statement of two or more Competitive firms e) Polygon, Bar Diagram 3. Horizontal Comparison 4. Vertical Comparison B. On the basis of Time 1. Inter-period Comparison a) Comparative statement (two or more periods) b) Cash Flow statement (two or more period) etc. 2. Cross Sectional (Intra-period) Comparison a) Common size statement b) Ratio Analysis C. Horizontal Analysis 1. Time series 2. Bar Diagram 3. Polygon 4. Comparative statement 5. Ratio Analysis D. Vertical Analysis 1. Common size statement 2. Pie Diagram

Q.2: State the meaning of Analysis and Interpretation.

Ans : Analysis and Interpretation refers to a systematic and critical examination of the financial statements. It not only establishes cause and effect relationship among the various items of the financial statements but also presents the financial data in a proper manner. The main purpose of Analysis and Interpretation is to present the financial data in such a manner that is easily understandable and self explanatory. This not only helps the accounting users to assess the financial performance of the business over a period of time but also enables them in decision making and policy and financial designing process.

Q.3: State the importance of Financial Analysis?

Ans : Financial Analysis has great importance to various accounting users on various matters. Income Statements, Balance Sheets and other financial data provides information about expenses and sources of income, profit or loss and also helps in assessing the financial position of a business. These financial data are not useful until they are analysed. There are various tools and methods such as Ratio Analysis, Cash Flow Statements that make the financial data to cater varying needs of various accounting users. The following are the reasons that advocate in favour of Financial Analysis: 1. It helps in evaluating the profit earning capacity and financial feasibility of a business. 2. It helps in assessing the long-term solvency of the business. 3. It helps in evaluating the relative financial status of a firm in comparison to other competitive firms. 4. It assists management in decision making process, drafting various plans and also in establishing an effective controlling system

Q.4: What are Comparative Financial Statements?

Ans : Those financial statements that enable intra-firm and inter-firm comparisons of financial statements over a period of time are called Comparative Financial Statements. In other words, these statements help the accounting users to evaluate and assess the financial progress in the relative terms. These statements express the absolute figures, absolute change and the percentage change in the financial items over a period of time. Comparative Financial Statements present the financial data in such a manner that is easily understandable and can be analysed without any ambiguity. If the accounting policies and practices for the treatment of the items are same over the period of study, only then the Comparative Financial Statements enable meaningful comparisons. The following are the two Comparative Financial Statements that are commonly prepared: 1. Comparative Balance Sheet 2. Comparative Income Statements

Q.5: What do you mean by Common Size Statements?

Ans : These statements depict the relationship between various items of financial statements and some common items (like Net Sales and the Total of Balance Sheet) in percentage terms. In other words, various items of Trading and Profit and Loss Account such as Cost of Goods Sold, Non-Operating Incomes and Expenses are expressed in terms of percentage of Net Sales. On the other hand, different items of Balance Sheet such as Fixed Assets, Current Assets, Share Capital etc are expressed in terms of percentage of Total of Balance Sheet. These percentage figures are easily comparable with that of the previous years' and with that of the figures of other firms in the same industry {i.e., inter-firm comparison) as well. The analyses based on these statements are commonly known as Vertical Analysis. The following are commonly prepared Common Size Statements. (i) Common Size Balance Sheet (ii) Common Size Income Statements

NCERT / CBSE Book for Class 12 Accountancy

You can download the NCERT Book for Class 12 Accountancy in PDF format for free. Otherwise you can also buy it easily online.

  • Click here for NCERT Book for Class 12 Accountancy
  • Click here to buy NCERT Book for Class 12 Accountancy

All NCERT Solutions Class 12

  • NCERT Solutions for Class 12 Physics
  • NCERT Solutions for Class 12 Biology
  • NCERT Solutions for Class 12 Chemistry
  • NCERT Solutions for Class 12 Maths
  • NCERT Solutions for Class 12 Accountancy
  • NCERT Solutions for Class 12 Business Studies
  • NCERT Solutions for Class 12 Geography
  • NCERT Solutions for Class 12 Political Science
  • NCERT Solutions for Class 12 History
  • NCERT Solutions for Class 12 Psychology
  • NCERT Solutions for Class 12 Sociology
  • NCERT Solutions for Class 12 Economics
  • NCERT Solutions for Class 12 English
  • NCERT Solutions for Class 12 Hindi

All NCERT Solutions

You can also check out NCERT Solutions of other classes here. Click on the class number below to go to relevant NCERT Solutions of Class 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12.

Class 1 Class 2 Class 3
Class 4 Class 5 Class 6
Class 7 Class 8 Class 9
Class 10 Class 11 Class 12

Download the NCERT Solutions app for quick access to NCERT Solutions Class 12 Accountancy Chapter 4 Analysis Of Financial Statements. It will help you stay updated with relevant study material to help you top your class!


Previous Next

To get fastest exam alerts and government job alerts in India, join our Telegram channel.

Tags: AccountancyNCERT Accountancy SolutionsNCERT SolutionsNCERT Solutions Class 12

aglasem

Related Posts

CBSE 12 Answer Key 2022 for Term 2
12th Class

CBSE Class 12 Answer Key 2022 for Term 2

CBSE Class 12 Answer Key
12th Class

Class 12 Geography Answer Key / Solution for Term 2 CBSE Board Exam 2022 (Code 029) – Available, Download PDF

ISC Class 12 Answer Key
12th Class

ISC Physics Answer Key 2022 Class 12 Sem 2 (Out) – Check Solved Paper

ISC Class 12 Answer Key
12th Class

ISC Chemistry Answer Key 2022 Class 12 Sem 2 (Out) – Check Solved Paper

Next Post

NCERT Solutions for Class 12 Business Studies Chapter 1 Nature And Significance Of Management

Discussion about this post

Registration Open!!

  • Rungta Institute Admission 2022 Open
  • AEEE 2020 - Amrita Vishwa Vidyapeetham
  • ATSE 2022, Olympiad Registration Open.
  • REVA University Admission 2022 Open

Term 2 Solved Sample Paper 2022

  • Class 8 Sample Paper Term 2
  • Class 9 Sample Paper Term 2
  • Class 10 Sample Paper Term 2
  • Class 11 Sample Paper Term 2
  • Class 12 Sample Paper Term 2

CBSE Board Quick Links

  • CBSE Date Sheet
  • CBSE Result
  • CBSE Syllabus
  • CBSE Sample Papers
  • CBSE Question Papers
  • CBSE Notes
  • CBSE Practice Papers
  • CBSE Mock Tests

Class Wise Study Material

  • Class 1
  • Class 2
  • Class 3
  • Class 4
  • Class 5
  • Class 6
  • Class 7
  • Class 8
  • Class 9
  • Class 10
  • Class 11
  • Class 12

For 2022

  • Solved Sample Papers
  • Maps
  • Revision Notes
  • CBSE
  • State Board

Study Material

  • Class Notes
  • NCERT Solutions
  • NCERT Books
  • HC Verma Solutions
  • Courses After Class 12th

Exam Zone

  • JEE Main 2022
  • NEET 2022
  • CLAT 2022
  • Fashion & Design
  • Latest
  • Disclaimer
  • Terms of Use
  • Privacy Policy
  • Contact

© 2019 aglasem.com

No Result
View All Result
  • CBSE
  • ICSE / ISC
  • State Board
  • NCERT
  • Mock Test
  • Study Material
  • Olympiads
  • Schools Admission
  • Entrance Exams
  • Student Guide
  • HC Verma Solutions
  • Videos

© 2019 aglasem.com

NIMS University 2022 Admission Apply Now!!