Question 1: From the following information, prepare Comparative
Balance Sheet of Sunrise ta.
|
Particulars |
31st March, 2020
(`) |
31st March, 2021 (`) |
|
Shareholders' Funds |
15,00,000 |
22,50,000 |
|
Non-current Liabilities |
7,50,000 |
7,50,000 |
|
Current Liabilities |
2,50,000 |
7,50,000 |
|
Non-current Assets |
17,50,000 |
26,25,000 |
|
Current Assets |
7,50,000 |
11,25,000 |
Answer:
|
Comparative Balance sheet as at 31st March, 2021 |
|||||
|
Particulars |
Note No. |
31st March, 2020 (`) |
31st March, 2021 `(`) |
Absolute Change (Increase/Decrease)(`) |
Percentage Change (Increase/Decrease)(%) |
|
|
(A) |
(B) |
(C = A-B) |
(D = C/A×100) |
|
|
I. Equity and Liabilities |
|
|
|
|
|
|
1. Shareholders' Funds |
|
15,00,000 |
22,50,000 |
7,50,000 |
50.00 |
|
2. Non-current Current |
|
7,50,000 |
7,50,000 |
. . . |
. . . |
|
3. Current liabilities |
|
2,50,000 |
7,50,000 |
5,00,000 |
200.00 |
|
Total
|
|
25,00,000 |
37,50,000 |
12,50,000 |
50 |
|
II. Assets |
|
|
|
|
|
|
1. Non-current Assets |
|
17,50,000 |
26,25,000 |
8,75,000 |
50.00 |
|
2. Current Assets |
|
7,50,000 |
11,25,000 |
3,75,000 |
50.00 |
|
Total |
|
25,00,000 |
37,50,000 |
12,50,000 |
50 |
Question
2:
From the following Balance Sheet, prepare Comparative Balance Sheet of Sun Ltd.:
|
|
|||
|
Particulars |
Note |
31st March, 2022 (
`) |
31st March, 2021 |
|
I. EQUITY AND LIABILITIES 1. Shareholder's Funds |
|
|
|
|
(a)
Share Capital |
|
3,50,000 |
3,00,000 |
|
2. Non-Current Liabilities |
|
|
|
|
Long-term
Borrowings |
|
1,00,000 |
2,00,000 |
|
3. Current Liabilities : |
|
|
|
|
Trade Payables |
|
1,50,000 |
1,00,000 |
|
Total |
|
6,00,000 |
6,00,000 |
|
II. ASSETS |
|
|
|
|
1. Non-Current Assets |
|
|
|
|
Fixed
Assets (Tangible) |
|
4,00,000 |
3,00,000 |
|
2. Current Assets |
|
|
|
|
Trade
Receivables |
|
2,00,000 |
3,00,000 |
|
Total |
|
6,00,000 |
6,00,000 |
Answer:
|
In the books of
Sun Ltd. Comparative
Balance Sheet as at March 31, 2021 and 2022 |
||||
|
Particulars |
2021 ( `) |
2022 ( `) |
Absolute Change ( `) |
Percentage Change (%) |
|
I. Equity and Liabilities |
|
|
|
|
|
1.
Shareholders’ Funds |
|
|
|
|
|
a.
Share Capital |
3,00,000 |
3,50,000 |
50,000 |
16.67 |
|
Shareholders’
Fund |
3,00,000 |
3,50,000 |
50,000 |
16.67 |
|
2.
Non-Current Liabilities |
|
|
|
|
|
a.
Long-term Borrowings |
2,00,000 |
1,00,000 |
(1,00,000) |
(50.00) |
|
3.
Current Liabilities |
|
|
|
|
|
a.
Trade Payables |
1,00,000 |
1,50,000 |
50,000 |
50.00 |
|
Total |
6,00,000 |
6,00,000 |
– |
– |
|
|
|
|
|
|
|
II. Assets |
|
|
|
|
|
1.
Non-Current Assets |
|
|
|
|
|
a.
Fixed Assets (Tangible) |
3,00,000 |
4,00,000 |
1,00,000 |
33.33 |
|
2.
Current Assets |
|
|
|
|
|
a.
Trade Receivables |
3,00,000 |
2,00,000 |
(1,00,000) |
(33.33) |
|
Total |
6,00,000 |
6,00,000 |
– |
– |
|
|
|
|
|
|
Question
3:
Following is the Balance Sheet of Radha Ltd. as at 31st March, 2022:
|
|
|||
|
Particulars |
Note No. |
31st March, 2021, ( `) |
31st March, 2022, ( `) |
|
I. EQUITY AND LIABILITIES 1. Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
15,00,000 |
10,00,000 |
|
(b)
Reserves and Surplus |
|
10,00,000 |
10,00,000 |
|
2. Non-Current Liabilities |
|
|
|
|
Long-term Borrowings |
|
8,00,000 |
2,00,000 |
|
3. Current Liabilities |
|
|
|
|
(a) Trade Payables |
|
5,00,000 |
3,00,000 |
|
Total |
|
38,00,000 |
25,00,000 |
|
II. ASSETS |
|
|
|
|
1. Non-Current Assets |
|
|
|
|
Fixed Assets: |
|
|
|
|
(i) Tangible Assets |
|
25,00,000 |
15,00,000 |
|
(ii)
Intangible Assets |
|
5,00,000 |
5,00,000 |
|
2. Current Assets |
|
|
|
|
(a) Trade Receivables |
|
6,00,000 |
3,50,000 |
|
(b) Cash and Cash Equivalents |
|
2,00,000 |
1,50,000 |
|
Total |
|
38,00,000 |
25,00,000 |
|
|
|
|
|
You are required to prepare Comparative Balance Sheet on the basis
of the information given in the above Balance Sheet.
Answer:
|
In the books of
Radha Ltd. Comparative
Balance Sheet as at March 31, 2021 and 2022 |
||||
|
Particulars |
2021 ( `) |
2022 ( `) |
Absolute Change ( `) |
Percentage Change (%) |
|
I. Equity and Liabilities |
|
|
|
|
|
1.
Shareholders’ Funds |
|
|
|
|
|
a.
Equity Share Capital |
10,00,000 |
15,00,000 |
5,00,000 |
50.00 |
|
b.
Reserve and Surplus |
10,00,000 |
10,00,000 |
– |
– |
|
Shareholders’
Fund |
20,00,000 |
25,00,000 |
5,00,000 |
25.00 |
|
2. Non-Current
Liabilities |
|
|
|
|
|
a.
Long-term Borrowings |
2,00,000 |
8,00,000 |
6,00,000 |
300.00 |
|
3.
Current Liabilities |
3,00,000 |
5,00,000 |
2,00,000 |
66.67 |
|
Total |
25,00,000 |
38,00,000 |
13,00,000 |
52.00 |
|
II. Assets |
|
|
|
|
|
1.
Non-Current Assets |
|
|
|
|
|
a.
Fixed Assets (Tangible) |
15,00,000 |
25,00,000 |
10,00,000 |
66.67 |
|
b.
Intangible Assets |
5,00,000 |
5,00,000 |
- |
- |
|
|
20,00,000 |
30,00,000 |
10,00,000 |
50.00 |
|
2. Current Assets |
|
|
|
|
|
a.
Trade Receivables |
3,50,000 |
6,00,000 |
2,50,000 |
71.43 |
|
b.
Cash and Cash Equivalents |
1,50,000 |
2,00,000 |
50,000 |
33.33 |
|
|
5,00,000 |
8,00,000 |
3,00,000 |
60.00 |
|
Total |
25,00,000 |
38,00,000 |
13,00,000 |
52.00 |
|
|
|
|
|
|
Question
4:
|
Balance Sheet of Blue Bell Ltd. as at 31st March, 2022 is given
below: |
|||
|
Particulars |
Note No. |
31st March, 2022 ( `) |
31st March, 2021 ( `) |
|
I. EQUITY AND LIABILITIES 1. Shareholder's Funds |
|
|
|
|
(a) Share Capital |
|
3,26,000 |
2,44,000 |
|
(b) Reserves and Surplus |
|
1,00,000 |
1,00,000 |
|
2. Non-Current Liabilities |
|
|
|
|
Long-term Borrowings |
|
6,96,000 |
4,38,000 |
|
3. Current Liabilities |
|
|
|
|
Trade Payables |
|
2,98,000 |
78,000 |
|
Total |
|
14,20,000 |
8,60,000 |
|
II. ASSETS |
|
|
|
|
1. Non-Current Assets |
|
|
|
|
(a) Fixed Assets |
|
5,68,000 |
4,30,000 |
|
(b) Non-Current Investments |
|
6,000 |
4,000 |
|
2. Current Assets |
|
|
|
|
(a) Trade Receivables |
|
6,46,000 |
3,76,000 |
|
(b) Cash and Cash Equivalents |
|
2,00,000 |
50,000 |
|
Total |
|
14,20,000 |
8,60,000 |
|
|
|
|
|
Prepare Comparative Balance Sheet showing percentage changes from 2021 to 2022.
Answer:
|
In the books of
Blue Bell Ltd. Comparative
Balance Sheet as at March 31, 2021 and 2022 |
||||
|
Particulars |
2021 ( `) |
2022 |
Absolute Change ( `) |
Percentage Change (%) |
|
I. Equity and Liabilities |
|
|
|
|
|
1.
Shareholders’ Funds |
|
|
|
|
|
a.
Equity Share Capital |
2,44,000 |
3,26,000 |
82,000 |
33.61 |
|
b.
Reserves and Surplus |
1,00,000 |
1,00,000 |
- |
- |
|
Shareholder's Funds |
3,44,000 |
4,26,000 |
82,000 |
23.84 |
|
2. Non-Current Liabilities |
|
|
|
|
|
a.
Long-term Borrowings |
4,38,000 |
6,96,000 |
2,58,000 |
58.90 |
|
3.
Current Liabilities |
78,000 |
2,98,000 |
2,20,000 |
282.05 |
|
Total |
8,60,000 |
14,20,000 |
5,60,000 |
65.12 |
|
|
|
|
|
|
|
II. Assets |
|
|
|
|
|
1.
Non-Current Assets |
|
|
|
|
|
a.
Fixed Assets (Tangible) |
4,30,000 |
5,68,000 |
1,38,000 |
32.09 |
|
b.
Non-Current Investments |
4,000 |
6,000 |
2,000 |
50.00 |
|
|
4,34,000 |
5,74,000 |
1,40,000 |
32.26 |
|
2.
Current Assets |
|
|
|
|
|
a. Trade Receivables |
3,76,000 |
6,46,000 |
2,70,000 |
71.81 |
|
b. Cash and Cash Equivalents |
50,000 |
2,00,000 |
1,50,000 |
300.00 |
|
|
4,26,000 |
8,46,000 |
4,20,000 |
98.59 |
|
Total |
8,60,000 |
14,20,000 |
5,60,000 |
65.12 |
Click below for more Questions
Ts Grewal Solution 2022-2023
Class 12 / Volume – 3
Chapter 3 – Tools of Analysis of Financial Statements- Comparative And Common Size Statement
Question No. 1 To 4
Question No. 5 To 8
Question No. 9 To 12
Question No. 13 To 16
Question No. 17 To 20
Question No. 21 To 25
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12th TS Grewal’s Accountancy Solutions