Question

The following are the balance sheets of Alpha Ltd., as at March 31, 2016 and 2017. You are required to prepare a comparative balance sheet.

Particulars	March 31, 2016 (Rs.)	March 31, 2017 (Rs.)
I. Equity and Liabilities
1. Shareholders’ Funds
(a) Share Capital	2,00,000	4,00,000
(b) Reserve & Surplus	1,00,000	1,50,000
2. Non-current Liabilities
(a) Long Term Borrowings	2,00,000	3,00,000
3. Current Liabilities
(a) Short-term borrowings	50,000	70,000
(b) Trade Payables	30,000	60,000
(c) Other Current Liabilities	20,000	10,000
(d) Short-term Provisions	20,000	20,000
Total	6,20,000	10,20,000
II. Assets
1. Non-Current Assets
(a) Fixed Assets	2,00,000	5,00,000
(b) Non-Current Investments	1,00,000	1,25,000
2. Current Assets
(a) Current Investments	60,000	80,000
(b) Inventories	1,35,000	1,55,000
(c) Trade Receivables	60,000	90,000
(d) Cash and Cash Equivalents	25,000	10,000
(e) Short-term Loans & Advances	40,000	60,000
Total	6,20,000	10,20,000

Answer 1

Comparative Balance Sheet of Alpha Ltd. As at March 31, 2016 and March 31, 2017
Particulars	March 31, 2016 (Rs.)	March 31, 2017 (Rs.)	Absolute Increase (+) or Decrease (-) (Rs.)	Percentage Increase (+) or Decrease (-) (%)
I. Equity and Liabilities
1. Shareholders’ Funds
(a) Share Capital	2,00,000	4,00,000	2,00,000	100
(b) Reserve & Surplus	1,00,000	1,50,000	50,000	50
2. Non-current Liabilities
(a) Long Term Borrowings	2,00,000	3,00,000	1,00,000	50
3. Current Liabilities
(a) Short-term borrowings	50,000	70,000	20,000	40
(b) Trade Payables	30,000	60,000	30,000	100
(c) Other Current Liabilities	20,000	10,000	10,000	50
(d) Short-term Provisions	20,000	20,000	0	0
Total Equity & Liabilities	6,20,000	10,20,000	4,00,000	64.52
II. Assets
1. Non-Current Assets
(a) Fixed Assets	2,00,000	5,00,000	3,00,000	150
(b) Non-Current Investments	1,00,000	1,25,000	25,000	25
2. Current Assets
(a) Current Investments	60,000	80,000	20,000	33.33
(b) Inventories	1,35,000	1,55,000	20,000	14.81
(c) Trade Receivables	60,000	90,000	30,000	50
(d) Cash and Cash Equivalents	25,000	10,000	15,000	60
(e) Short-term Loans & Advances	40,000	60,000	20,000	50
Total Assets	6,20,000	10,20,000	4,00,000	64.52