Question

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.

Answer 1

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