Question

From the following Balance sheets of Royal Sugar Mills Ltd. as at 31st March, 2024 and 2025, prepare a Comparative Balance Sheet:

Particulars	Note No.	31-3-2025 (₹)	31-3-2024 (₹)
I. Equity and Liabilities:
1. Shareholders’ Funds
Share Capital		24,00,000	20,00,000
2. Non-current Liabilities
Long-term borrowings		12,00,000	10,00,000
3. Current liabilities
3. Current liabilities		6,00,000	5,00,000
Total		42,00,000	35,00,000
II. Assets:
1. Non-Current Assets
Property, plant and equipment and intangible assets		30,00,000	25,00,000
2. Current Assets
(a) Inventories		2,00,000	4,00,000
(b) Cash & Cash equivalents		10,00,000	6,00,000
Total		42,00,000	35,00,000

Answer 1

Comparative Balance Sheet of Royal Sugar Mills Ltd. as at 31st March, 2024 and 2025
Particulars	31-3-2024 (₹)	31-3-2025 (₹)	Absolute Change (₹)	Percentage Change (%)
I. Equity and Liabilities:
1. Shareholders’ Funds
Share Capital	20,00,000	24,00,000	4,00,000	20.00
2. Non-current Liabilities
Long-term borrowings	10,00,000	12,00,000	2,00,000	20.00
3. Current Liabilities
Trade Payables	5,00,000	6,00,000	1,00,000	20.00
Total	35,00,000	42,00,000	7,00,000	20.00
II. Assets:
1. Non-Current Assets
PPE and Intangible Assets	25,00,000	30,00,000	5,00,000	20.00
2. Current Assets
(a) Inventories	4,00,000	2,00,000	(2,00,000)	(50.00)
(b) Cash & Cash equivalents	6,00,000	10,00,000	4,00,000	66.67
Total	35,00,000	42,00,000	7,00,000	20.00

Working Notes:

Percentage Change = `"Absolute change"/("Previous year amount"(2024)) xx 100`

Share Capital = `(4,00,000)/(20,00,000) xx 100`

= 20%

Inventories = `(- 2,00,000)/(4,00,000) xx 100`

= − 50%

Cash = `(4,00,000)/(6,00,000) xx 100`

= 66.67%