Category: Accountancy Class 12

Death of a Partner In case of death of a partner, the amount payable to him is to be paid to his legal representatives. The

Classification of Ratios Accounting ratios are used to analyze the financial position of the firm. They are being categorized into two different types which are

Comparative Balance Sheet A comparative balance sheet presents side-by-side information about an entity’s assets, liabilities, and shareholder’s equity as of multiple points in time. It

Comparative Statement Examples A comparative statement is prepared in order to compare the figures of financial statements for two or more years. It gives an

Activity Ratio Analysis Activity Ratio Analysis: Activity ratios are financial analysis tools used to measure a business’ ability to convert its assets into cash. These ratios

Ratio Analysis Class 12 – Examples When one number is expressed in terms of another, it is known as a ratio. A ratio analysis is

Cash Flow Statement Examples with Solutions A statement that shows the inflow and outflow of cash during a particular period of time is known as

Purchase of fixed assets cash flow statement : When an asset is purchased in cash then it results in outflow of cash and since payment