Category: Accountancy Class 12

Journal Proper is a book of original entry. It records the transactions which cannot be recorded in any special book. This book is also called

Customers might return the goods sold on to them for variety of reasons like defect in the goods, over supply, not right product etc. Sales

Over Subscription: At the point when the quantity of debentures applied for is more than the quantity of debentures offered by the company to the

Writing off Discount/Loss on Issue of Debentures: When debentures are issued at a discount or any Loss on issue of debentures arises, it is required

Terms of Issue of Debentures – At the time of issue of debentures, the terms on which they are issued and will be redeemed are

Issue of Shares The issue of shares is the procedure where enterprises dispense new shares to the shareholders. Shareholders can be either corporate or individuals.

Limitations of Financial Statements: Financial statements are prepared with extreme caution but still there are certain limitations which are bound to creep in these statements.

Meaning of Financial Statements –  Financial Statements are the records of the financial position of a company. It is prepared by the management of the

Limitations of Financial Analysis While financial analysis assists in deciding the Financial strengths and weaknesses of a company, its correctness depends on the quality and

Tools of Analysis of Financial Statements Class 12 Notes and Solutions The analysis of financial statements can be conducted with the help of the following

Objectives of Analysis of Financial Statements Class 12 Notes The financial statements are the summarised report of an enterprise that contains information related to the

Significance of Analysis of Financial Statements Significance of analysis of financial statements : Financial analysis is the process of evaluating business, projects, budgets and other