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Balance Sheet of Blue Bell Ltd. as at 31st March, 2019 is Given Below: - Accountancy

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Balance Sheet of Blue Bell Ltd. as at 31st March, 2019 is given below:

BALANCE SHEET
as at 31st March, 2019 

Particulars

Note No.

31st March, 2019

(₹)

31st March, 2018

(₹)

I. EQUITY AND LIABILITIES

1. Shareholder's Funds

     

(a) Share Capital

 

3,26,000

2,44,000

(b) Reserves and Surplus

 

1,00,000

1,00,000

2. Non-Current Liabilities

     

Long-term Borrowings

 

6,96,000

4,38,000

3. Current Liabilities

     

Trade Payables

 

2,98,000

78,000

Total  

14,20,000

8,60,000

II. ASSETS

     

1. Non-Current Assets

     

(a) Fixed Assets

  5,68,000 4,30,000

(b) Non-Current Investments

 

6,000

4,000

2. Current Assets

     

(a) Trade Receivables

 

6,46,000

3,76,000

(b) Cash and Cash Equivalents

 

2,00,000

50,000

Total 

 

14,20,000

8,60,000

Prepare Comparative Balance Sheet showing percentage changes from 2018 to 2019.

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Solution

In the books of Blue Bell Ltd.
Comparative Balance Sheet
as at March 31, 2018 and 2019 

Particulars

2018

(₹)

2019
(₹)

Absolute

Change

(₹)

Percentage

Change

(%)

I. Equity and Liabilities

 

 

 

 

1. Shareholders’ Funds

 

 

 

 

a. Equity Share Capital

2,44,000

3,26,000

82,000

33.61

b. Reserves and Surplus

1,00,000 1,00,000 - -

Shareholder's Funds

3,44,000

4,26,000

82,000

23.84

     2. Non-Current Liabilities        

a. Long-term Borrowings

4,38,000

6,96,000

2,58,000

58.90

3. Current Liabilities

78,000

2,98,000

2,20,000

282.05

Total

8,60,000

14,20,000

5,60,000

65.12

II. Assets

 

 

 

 

1. Non-Current Assets

 

 

 

 

a. Fixed Assets (Tangible)

4,30,000

5,68,000

1,38,000

32.09

b. Non-Current Investments

4,000

6,000

2,000

50.00

  4,34,000 5,74,000 1,40,000 32.26

2. Current Assets

 

 

 

 

          a. Trade Receivables 3,76,000 6,46,000 2,70,000 71.81
          b. Cash and Cash Equivalents 50,000 2,00,000 1,50,000 300.00
  4,26,000 8,46,000 4,20,000 98.59

Total

8,60,000

14,20,000

5,60,000

65.12 

Concept: Comparative Statements
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APPEARS IN

TS Grewal Class 12 Accountancy - Analysis of Financial Statements
Chapter 2 Tools of Financial Statement Analysis-Comparative Statements and Common-Size Statements
Exercise | Q 3 | Page 31
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