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प्रश्न
From the following information, prepare Comparative Balance Sheet of Y Ltd.:
| Particulars | 31st March, 2024 (Figures being in lakh of ₹) |
31st March, 2023 (Figures being in lakh of ₹) |
| Share Capital | 25 | 20 |
| Investments | 9 | 5 |
| Long-term Borrowings | 12 | 9 |
| Inventories | 18 | 20 |
| Cash and Bank Balance | 2 | 5 |
| Current Liabilities | 12 | 15 |
| Reserves | 40 | 36 |
| Property, Plant and Equipment | 50 | 40 |
| Intangible Assets | 10 | 10 |
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उत्तर
| Comparative Balance Sheet of Y Ltd. as at 31st March, 2024 and 2023 |
|||||
| Particulars | Note No. | 31.2.2024 (₹) |
31.2.2023 (₹) |
Absolute Change (₹) |
Percentage Change (%) |
| I. EQUITY AND LIABILITIES: | |||||
| 1. Shareholder’s Funds: | |||||
| (a) Share Capital | 25,00,000 | 20,00,000 | 5,00,000 | 25.00 | |
| (b) Reserve and Surplus | 40,00,000 | 36,00,000 | 4,00,000 | 11.11 | |
| 2. Non-Current Liabilities | |||||
| Long term Borrowings | 12,00,000 | 9,00,000 | 3,00,000 | 33.33 | |
| 3. Current Liabilities | 12,00,000 | 15,00,000 | (3,00,000) | (20.00) | |
| Total | 89,00,000 | 80,00,000 | 9,00,000 | 11.25 | |
| II. ASSETS: | |||||
| 1. Non-Current Assets | |||||
| (a) Fixed Assets: | |||||
| (i) Tangible Assets | 50,00,000 | 40,00,000 | 10,00,000 | 25.00 | |
| (ii) Intangible Assets | 10,00,000 | 10,00,000 | - | - | |
| (b) Investments | 9,00,000 | 5,00,000 | 4,00,000 | 80.00 | |
| 2. Current Assets: | |||||
| (a) Inventory | 18,00,000 | 20,00,000 | (2,00,000) | (10.00) | |
| (b) Cash and Bank Balance | 2,00,000 | 5,00,000 | (3,00,000) | (60.00) | |
| Total | 89,00,000 | 80,00,000 | 9,00,000 | 11.25 | |
Working Notes:
Computation of Percentage Change:
(1) Changes in Share Capital = Current Share Capital − Previous Share Capital
Changes in Share Capital = 25,00,000 − 20,00,000
Changes in Share Capital = 5,00,000
Share Capital = `("Changes in Share Capital")/("Base year Capital")xx100`
Share Capital = `(5,00,000)/(20,00,000)xx100` = 25%
(2) Changes in Reserve and Surplus = Current Reserve and Surplus − Previous Reserve and Surplus
Changes in Reserve and Surplus = 40,00,000 − 36,00,000
Changes in Reserve and Surplus = 4,00,000
Reserve and Surplus = `("Changes in Reserve and Surplus")/("Base year Reserve and Surplus")xx100`
Reserve and Surplus = `(4,00,000)/(36,00,000)xx100` = 11.11%
(3) Changes in Long-term Borrowings = Current Long-term Borrowings − Previous Long-term Borrowings
Changes in Long-term Borrowings = 12,00,000 − 9,00,000
Changes in Long-term Borrowings = 3,00,000
Long-term Borrowings = `("Changes in Long-term Borrowing")/("Base year Long-term Borrowing")xx100`
Long-term Borrowings = `(3,00,000)/(9,00,000)xx100` = 33.33%
