NCERT Solutions Class 12 Accountancy Chapter 4 Analysis of Financial Statements

NCERT Solutions Class 12 Accountancy Analysis of Financial Statements. The NCERT solutions for Class 12 Accountancy book have been made by Accountancy teacher of one of the best CBSE school in India. Accountancy in class 12 is an important subject for commerce students. Its easy to learn and can help to get good marks. These NCERT solutions have been made to give detailed answers and explanations which can be easily understood by the students. Accountancy for commerce students is rather so important that in all future cources or even in graduation accountancy is the main subject and if understood properly can bethe most scoring also. You can download the NCERT solutions for free in pdf format. Refer to other links also to download Class 12 Accountancy NCERT solutions, worksheets, sample papers and test papers.

TEST YOUR UNDERSTANDING I

• Fill in the blanks with appropriate word(s).

Question 1. Analysis simply means———data.

Answer Simplification.

Question 2. Interpretation means————-data.

Answer Explaining

Question 3. Comparative analysis is also known as—————Analysis.

Answer Horizontal

Question 4. Common size analysis is also known as————–Analysis

Answer Vertical

Question 5. The analysis of actual movement of money inflow and outflow in an organisation is called———-analysis.

Answer cash flow

DO IT YOURSELF I

From the following balance sheet and income statement of Day Dreaming Co. Ltd., for the year ending 2002 and 2003, prepare the comparative statements.

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