Class 12 Accountancy - Company Accounts and Analysis of Financial Statements - Chapter Issue and Redemption of Debentures NCERT Solutions | What is a ‘Convertible Debenture&r

State the meaning of ‘Debentures issued as a collateral security’.

What is ‘Capital Reserve’?

Can the company purchase its own debentures?

What is discount on issue of debentures?

Describe the steps for creating Sinking Fund for redemption of debentures.

Explain the guidelines of SEBI for creating Debenture Redemption Reserve.

What is meant by ‘Issue of debenture at discount and redeemable at premium?

Describe the meaning of ‘Debenture Issued as Collateral Securities’. What accounting treatment is given to the issue of debentures in the books of accounts?

What is meant by a ‘Irredeemable Debenture’?

What do you mean by Ratio Analysis?

List the techniques of Financial Statement Analysis.

State the meaning of financial statement analysis?

What are various types of ratios?

Distinguish between Vertical and Horizontal Analysis of financial data.

What are limitations of financial statement analysis?

What relationships will be established to study?
(a) Inventory Turnover (b) Debtor Turnover
(c) Payables Turnover (d) Working Capital Turnover

State the meaning of Analysis and Interpretation.

List any three objectives of analysing financial statements?

The liquidity of a business firm is measured by its ability to satisfy itslong-
term obligations as they become due. What are the ratios used forthis purpose?

Explain how financial statements are useful to the various parties who are interested in the affairs of an undertaking?

What are important profitability ratios? How are these worked out?

Prepare the format of statement of profit and loss and explain its items.

What is the importance of comparative statements? Illustrate youranswer with particular reference to comparative income statement.

Explain the limitations of financial statements.

How will you disclose the following items in the Balance Sheet of a company;
(i) Loose tools
(ii) Uncalled liability on partly paid-up shares
(iii) Debentures redemption reserve
(iv) Mastheads and publishing titles                                                                        (v) 10% debentures
(vi) Proposed dividend
(vii) Share forfeited account
(viii) Capital redemtion reserve
(ix) Mining rights
(x) Work-in-progress

What are liquidity ratios? Discuss the importance of current and liquid ratio.

What are limitations of financial statement analysis?

Describe the different techniques of financial analysis and explain the limitations of financial analysis.

List the techniques of Financial Statement Analysis.