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    Class 12 Accountancy Practical Sample Paper 5

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    Pooja Panjwani
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    Class 12 Accountancy Practical Sample Paper 5

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    Pooja Panjwani
    65 views1 page
    Reasearch paper

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    Class-12-Accountancy-Practical-Sample-Paper-5

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    Class 12 Accountancy Practical Sample Paper 5

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    Class 12, Accountancy Practical, Sample Paper-5 (2023) M.M.

    12 Time: 1 Hour

    Q M.M.
    1 The Debt Equity ratio of Z Ltd. is 2:1. What will be the effect of the following transaction on Debt Equity 1
    Ratio? (Increase/decrease or not change the Debt Equity Ratio)
    Buy Back of Equity shares ₹50,000.
    2 Compute Inventory Turnover Ratio from the following information: Net Revenue from Operations 2
    ₹2,30,000, Gross Profit ₹50,000, Inventory at the end ₹50,000, Excess of inventory at the end over
    inventory in the beginning ₹10,000.
    3 Current liabilities of a company are ₹1,20,000, Current ratio is 2.2:1. Calculate its Working capital. What 3
    will be the effect on Current Ratio if Goods costing ₹50,000 are sold on credit at a profit of 20%?
    4 From the following Information, calculate Cash flows from Financing activities: 1
    Particular 31st March 2021(₹) 31st March 2022(₹)
    Equity Shares Capital 5,00,000 5,00,000
    Bank Loan 3,00,000 4,50,000
    Proposed Dividend 60,000 70,000
    5 Marigold Ltd. has given you the following information: 2
    Furniture as on April 01, 2021 ₹95,000
    Furniture as on March 31, 2022 ₹73,000
    Depreciation on Furniture charged during the year ₹38,000
    During the year, Furniture worth ₹ 19,000 was sold for ₹25,000
    Calculate cash flow from Investing Activities on the basis of the above information.
    6 Cheten Ltd., made a profit of ₹1,00,000 after charging depreciation of ₹20,000 on assets and a transfer 3
    to general reserve of ₹30,000, the goodwill amortized was ₹7,000 and gain on sale of machinery was
    ₹3,000, trade receivables showed an increase of ₹3,000; trade payables an increase of ₹6,000; prepaid
    expenses an increase of ₹2000; and outstanding expenses a decrease of ₹2,000.
    Ascertain Cash flow from Operating activities.

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