Class 12, Accountancy Practical, Sample Paper-4 (2023) M.M.

12 Time: 1 Hour

Q M.M.
1 The Quick ratio of X Ltd. is 1.2: 1. What will be the effect of the following transaction on Quick Ratio? 1
(Increase/decrease or not change the Quick Ratio)
Purchased goods worth ₹40,000 and accepted a bill of exchange for two months.
2 Using Net Profit Ratio, Comment on the performance of the company during the years 2021 and 2022: 2
Particulars 31.03.2022 (₹) 31.03.2021(₹)
Revenue from Operations 12,50,000 10,00,000
Cost of Material consumed 8,00,000 6,00,000
Other Income 80,000 60,000
3 From the following information of these companies producing the same product find out which 3
company is the most efficient?
Company Revenue from Operations(₹) Average Stock(₹)
Company R 18,00,000 6,00,000
Company S 30,00,000 6,00,000
Company T 30,00,000 7,50,000
4 From the following information, calculate cash flows from Investing activities: 1
Items 31.03.2021(₹) 31.03.2022(₹)
Franchise Rights 6,50,000 5,50,000
Patents 300,000 3,50,000
5 Rosy Ltd. has given you the following information: 2
Items Current Year(₹) Previous Year(₹)
9% Debentures 18,00,000 22,00,000
Proposed Dividend 5,00,000 5,50,000
Calculate cash flow from Financing Activities on the basis of the above information.
6 Compute net cash from operations for the year ended March 31, 2022, if Statement of Profit and Loss of 3
a company for the year ended March 31, 2022, disclosed a Loss of ₹54,000 and following Additional
information is provided to you:
(a) Trade receivables decreased by ₹22,000 during the year.
(b) Prepaid expenses increased by ₹13,000 during the year.
(c) Trade payables increased by ₹26,000 during the year.
(d) Outstanding expenses payable decreased by ₹14,000 during the year.
(e) Depreciation charged during the year ₹32,000.