What is discount on issue of debentures?
Discount on issue of debentures is a capital loss and over a period of 3 to 5 years or is charged to “Securities Premium Account” as per the guidelines issued by ICAI. The discount on issue of debentures can be written-off either by debiting it to profit and loss or to securities premium account.
What is ‘Capital Reserve’?
State the meaning of ‘Debentures issued as a collateral security’.
What is meant by ‘Issue of debenture at discount and redeemable at premium?
Explain the different types of debentures?
Can the company purchase its own debentures?
Describe the steps for creating Sinking Fund for redemption of debentures.
Explain the guidelines of SEBI for creating Debenture Redemption Reserve.
What is a ‘Convertible Debenture’?
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?
List the techniques of Financial Statement Analysis.
Explain how common size statements are prepared giving an example.
Explain the process of preparing income statement and balance sheet.
The current ratio provides a better measure of overall liquidity only when a
firm’s inventory cannot easily be converted into cash. If inventory is liquid, the
quick ratio is a preferred measure of overall liquidity. Explain.
State the meaning of Analysis and Interpretation.
What are various types of ratios?
What are Comparative Financial Statements?
State the importance of financial statements to
(i) shareholders
(ii) creditors
(iii) government
(iv) investors
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 limitations of financial statement analysis?