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Question
Complete the following Comparative Balance Sheet as at March 31, 2024 and Match 31, 2025.
| Particulars | 31st March 2024 | 31st March, 2025 | Absolute Change | Percentage Change |
| Shareholders’ Funds | 6,00,000 | ?? | 3,00,000 | ?? |
| Non-current Liabilities | 3,00,000 | ?? | NIL | ?? |
| Current Liabilities | ?? | 3,00,000 | 2,00,000 | ?? |
| TOTAL | ?? | ?? | ?? | ?? |
| Non-current Assets | 7,00,000 | ?? | ?? | 50 |
| Current Assets | ?? | ?? | ?? | ?? |
| TOTAL | ?? | ?? | ?? | ?? |
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Solution
| Comparative Balance Sheet as at March 31, 2024 and March 31, 2025. |
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| Particulars | 31st March 2024 | 31st March, 2025 | Absolute Change | Percentage Change |
| Shareholders’ Funds | 6,00,000 | 9,00,000 | 3,00,000 | 50 |
| Non-current Liabilities | 3,00,000 | 3,00,000 | NIL | 0 |
| Current Liabilities | 1,00,000 | 3,00,000 | 2,00,000 | 200 |
| TOTAL | 10,00,000 | 15,00,000 | 5,00,000 | 50 |
| Non-current Assets | 7,00,000 | 10,50,000 | 3,50,000 | 50 |
| Current Assets | 3,00,000 | 4,50,000 | 1,50,000 | 50 |
| TOTAL | 10,00,000 | 15,00,000 | 5,00,000 | 50 |
Working Notes:
1) Shareholders’ Funds:
Absolute Change = 3,00,000
2025 = 6,00,000 + 3,00,000
= 9,00,000
2) Non-current Liabilities:
Absolute Change = NIL
2025 = 3,00,000
3) Current Liabilities:
Absolute Change = 2,00,000
2025 = 3,00,000 → 2024 = 3,00,000 − 2,00,000
= 1,00,000
4) Non-current Assets:
% Change = 50% increase
Increase = 50% of 7,00,000 = 3,50,000
→ 2025 = 10,50,000
5) Totals:
Total Assets (2024) = 7,00,000 + Current Assets
= Total Liabilities = 6,00,000 + 3,00,000 + 1,00,000
= 10,00,000
Current Assets (2024) = 10,00,000 − 7,00,000
= 3,00,000
Total Liabilities (2025) = 9,00,000 + 3,00,000 + 3,00,000
= 15,00,000
Current Assets (2025) = 15,00,000 − 10,50,000
= 4,50,000
