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Calculate the trend percentages from the following information taking year ending 2019 as the base year: Current Liabilities As at 31st March 2019 (₹) 2020 (₹) 2021 (₹) 2022 (₹) Short-term Borrowings - Accounts

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Question

Calculate the trend percentages from the following information taking year ending 2019 as the base year:

Current Liabilities
As at 31st March
2019
(₹)
2020
(₹)
2021
(₹)
2022
(₹)
Short-term Borrowings 2,00,000 3,00,000 4,00,000 5,00,000
Trade Payables 50,000 40,000 80,000 1,00,000
Other Current Liabilities 1,50,000 3,00,000 2,40,000 6,00,000
  4,00,000 6,40,000 7,20,000 12,00,000
Ledger
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Solution

Comparative Balance Sheets
as at 31st March, 2022
Current Liabilities Absolute Amount Trend Percentages
2019
(₹)
2020
(₹)
2021
(₹)
2022
(₹)
2019
(₹)
2020
(₹)
2021
(₹)
2022
(₹)
Short-term Borrowings 2,00,000 3,00,000 4,00,000 5,00,000 100 150 200 250
Trade Payables 50,000 40,000 80,000 1,00,000 100 80 160 200
Other Current Liabilities 1,50,000 3,00,000 2,40,000 6,00,000 100 200 160 400
Total 4,00,000 6,40,000 7,20,000 12,00,000 100 160 180 300
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Chapter 12: Common Size Statements - PRACTICAL QUESTIONS [Page 12.27]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 12 Common Size Statements
PRACTICAL QUESTIONS | Q 15. | Page 12.27
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