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प्रश्न
Prepare a Comparative Balance Sheet from the following and interpret it:
| BALANCE SHEETS as at 31st March, 2024 and 2023 |
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| Particulars | Note No. |
31.3.2024 (Figures in thousands of ₹) |
31.3.2023 (Figures in thousands of ₹) |
| I. EQUITY AND LIABILITIES: | |||
| 1. Shareholder’s Funds: | |||
| (a) Share Capital | 375 | 400 | |
| (b) Reserve & Surplus | 72 | 60 | |
| 2. Non-Current Liabilities | |||
| Long term Borrowings | 150 | 90 | |
| 3. Current Liabilities | |||
| Short term Borrowings | 133 | 140 | |
| 730 | 690 | ||
| II. ASSETS: | |||
| 1. Non-Current Assets | 600 | 400 | |
| 2. Current Assets: | |||
| (a) Inventory | 100 | 200 | |
| (b) Cash and Bank Balance | 30 | 90 | |
| 730 | 690 | ||
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उत्तर
| Comparative Balance Sheet as at 31st March, 2024 and 2023 |
|||||
| Particulars | Note No. | 31.3.2023 (Figures in thousands of ₹) |
31.3.2024 (Figures in thousands of ₹) |
Absolute Change (Figures in thousands of ₹) |
Percentage Change (%) |
| I. EQUITY AND LIABILITIES: | |||||
| 1. Shareholder’s Funds: | |||||
| (a) Share Capital | 400 | 375 | (25) | (6.25) | |
| (b) Reserve and Surplus | 60 | 72 | 12 | 20.00 | |
| 2. Non-Current liabilities: | |||||
| Long-term Borrowings | 90 | 150 | 60 | 66.67 | |
| 3. Current Liabilities: | |||||
| Short-term Borrowings | 140 | 133 | (7) | (5.00) | |
| Total | 690 | 730 | 40 | 5.80 | |
| II. ASSETS: | |||||
| 1. Non-Current Assets | 400 | 600 | 200 | 50.00 | |
| 2. Current Assets: | |||||
| (a) Inventories | 200 | 100 | (100) | (50.00) | |
| (b) Cash and Bank Balance | 90 | 30 | (60) | (66.67) | |
| Total | 690 | 730 | 40 | 5.80 | |
Working Notes:
Computation of Percentage Change:
(1) Changes in Share Capital = Current Share Capital − Previous Share Capital
Changes in Share Capital = 375 − 400
Changes in Share Capital = −25
Share Capital = `("Changes in Share Capital")/("Base year Capital") xx100`
Share Capital = `(-25)/400xx100` = −6.25%
(2) Changes in Reserve and Surplus = Current Reserve and Surplus − Previous Reserve and Surplus
Changes in Reserve and Surplus = 72 − 60
Changes in Reserve and Surplus = 12
Reserve and Surplus = `("Changes in Reserve and Surplus")/("Base year Reserve and Surplus")xx100`
Reserve and Surplus = `12/60 xx100` = 20%
(3) Changes in Long-term Borrowings = Current Long-term Borrowings − Previous Long-term Borrowings
Changes in Long-term Borrowings = 150 − 90
Changes in Long-term Borrowings = 60
Long-term Borrowings = `("Changes in Long-term Borrowing")/("Base year Long-term Borrowing")xx100`
Long-term Borrowings = `60/90 xx100` = 66.67%
