We are glad to present to the learned teachers and dear students the revised edition of Solutions to Problems in our Analysis of Financial Statements Book for Class XII. This book is published with a view to provide the students a ready reference so that they may check the accuracy of the questions attempted by them.

We do hope that these solutions will put the students in a comfortable position. However, we strongly urge that, first the student attempt the question himself and then only he should consult the solutions given in the book. No one can learn Accountancy without attempting numerous questions.