Class 12 Accountancy - Company Accounts and Analysis of Financial Statements - Chapter Issue and Redemption of Debentures NCERT Solutions | State the meaning of ‘Debentures i

What is discount on issue of debentures?

Explain the guidelines of SEBI for creating Debenture Redemption Reserve.

What is ‘Capital Reserve’?

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

Can the company purchase its own debentures?

What is meant by conversion of debentures? Describe the method of such a conversion.

Under which head is the ‘Debenture Redemption Reserve’ shown in the balance sheet?

Can a company purchase its own debentures in the open market? Explain.

Explain the different types of debentures?

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?

How would you study the Solvency position of the firm?

Prepare the format of balance sheet and explain the various elements of balance sheet.

Explain the process of preparing income statement and balance sheet.

‘Financial statements reflect a combination of recorded facts, accounting
conventions and personal judgements’ discuss.

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

Explain how common size statements are prepared giving an example.

What do you understand by analysis and interpretation of financial statements? Discuss its importance.

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

Explain the limitations of financial statements.

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