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Financial State...

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  • Question 1
    1 / -0

    Match the following
    List I 
    (1) Debt-equity ratio
    (2) Debt ratio
    (3) Times-Interest earned ratio
    (4) Extent of financial leverage
    List- II
    (a) $$\cfrac { Total\quad debt }{ Total\quad assets } $$
    (b) $$\cfrac { \\ Debt }{ Equity } $$
    (c) $$\cfrac { percent\quad change\quad in\quad earnings\quad after\quad taxes }{ percent\quad change\quad in\quad earnings\quad before\quad interest\quad aned\quad taxes } $$
    (d) $$\cfrac { Earnings\quad before\quad interest\quad and\quad taxes }{ Annual\quad interest\quad charges } $$

  • Question 2
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    Reserve for doubtful debts appearing in the trial balance should be _______________.

  • Question 3
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    A Company purchased 8% bonds at a cost of Rs. 12,00,000(face value Rs. 10,00,000) on January 1, 2003. Half yearly interest is payable on this investment on June 30 and December 31st each year. The company closes its accounts on 31-3-2003. The amount of accrued interest shown in profit and loss account for the year ended is?

  • Question 4
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    Under varying $${k}_{e}$$ theory __________________.

  • Question 5
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    Financial capital is also referred to ______________.

  • Question 6
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     The amount of prepaid expense is ________ from the total of the particular expense.

  • Question 7
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    Final Accounts should represent ___________ view.

  • Question 8
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     Expenses which are paid in advance is termed as _____.

  • Question 9
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    Discuss the effect of the following transaction:

    Ms. Pooja earns Rs. 2,000 per month. Her salary account is debited by Rs. 30,000 at the end of the year.  

  • Question 10
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     _________ are adjusted at the time of preparing financial statements. 

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