Question

From the following Balance Sheets of Vinayak Ltd. as at 31^st March, 2019, prepare a comparative Balance Sheet.

Vinayak Ltd. 
Balance Sheet as at 31^st March, 2019  

	Particulars	Note No.	31-03-19(₹)	31-03-18(₹)
	Equity and Liabilities
(1)	Shareholders Funds
	(a) Share capital		21,00,000	20,00,000
	(b) Reserves and Surplus		2,30,000	2,00,000
(2)	Non-current liabilities
	Long term borrowing		5,60,000	2,00,000
(3)	Current liabilities
	Trade payables		2,80,000	1,00,000
	Total		31,70,000	25,00,000
	Assets
(1)	Non-current Assets
	Fixed Assets
	(i) Tangible assets		21,00,000	20,00,000
	(ii) Intangible assets		3,00,000	2,00,000
(2)	Current Assets
	(a) Inventories		5,60,000	2,00,000
	(b) cash and cash equivalents		2,10,000	1,00,000
	Total		31,70,000	25,00,000

Answer 1

In the books of Vinayak Ltd. 
Comparative Balance Sheet 
as at 31^st March 2018 and 31^st March 2019

Particulars	2018 (₹) (A)	2019 (₹) (B)	Absolute Change (C = B - A)	Percentage Change `("D" = "C"/"A" xx 100)`
I. Equity and Liabilities
1. Shareholders’ Funds
a. Equity Share Capital	20,00,000	21,00,000	1,00,000	5
b. Reserve and Surplus	2,00,000	2,30,000	30,000	15
Shareholders’ Fund
2. Non-Current Liabilities
a. Long-term Borrowings	2,00,000	5,60,000	3,60,000	180
3. Current Liabilities
Trade Payables	1,00,000	2,80,000	1,80,000	180
Total	25,00,000	31,70,000	6,70,000	26.8
II. Assets
1. Non-Current Assets
Fixed Asset
a. Tangible	20,00,000	21,00,000	1,00,000	5
b. Intangible	2,00,000	3,00,000	1,00,000	50
2. Current Assets
Inventories	2,00,000	5,60,000	3,60,000	180
b. Cash and Cash Equivalents	1,00,000	2,10,000	1,10,000	110
Total	25,00,000	31,70,000	6,70,000	26.8