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Following Are the Balance Sheets of Alpha Ltd. as at March 31st, 2016 and 2017: - Accountancy

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Sum

Following are the balance sheets of Alpha Ltd. as at March 31st, 2016 and 2017:

Following are the balance sheets of Alpha Ltd. as at March 31st, 2016 and 2017:

Particulars 2016
Rs.
2017
Rs.
I. Equity and Liabilities

 

 

Equity share capital

2,00,000 4,00,000

Reserves and surplus

1,00,000 1,50,000

Long-term borrowings

2,00,000 3,00,000

Short-term borrowings

50,000 70,000

Trade payables

30,000 60,000

Short-term provisions

20,000 10,000

Other current liabilities

20,000 30,000
Total 6,20,000 10,20,000
II. Assets    

Fixed assets

2,00,000 5,00,000

Non-current investments

1,00,000 1,25,000

Current investments

60,000 80,000

Inventories

1,35,000 1,55,000

Trade receivables

60,000 90,000

Short term loans and advances

40,000 60,000

Cash at bank

25,000 10,000
Total 6,20,000 10,20,000

You are required to prepare a Comparative Balance Sheet.

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Solution

Comparative Balance Sheet
as on March 31, 2016 and 2017

Particulars

2016

(Rs)

2017

(Rs)

Absolute Change

Percentage Change

I. Equity and Liabilities

 

 

 

 

1. Shareholder’s Fund

 

 

 

 

a. Equity Share Capital

2,00,000

4,00,000

2,00,000

100

b. Reserves and Surplus

1,00,000

1,50,000

50,000

50

2. Non-Current Liabilities

 

 

 

 

a. Long Term Borrowings

2,00,000

3,00,000

1,00,000

50

3. Current Liabilities

 

 

 

 

a. Short Term Borrowings

50,000

70,000

20,000

40

b. Trade Payables

30,000

60,000

30,000

100

c. Short Term Provisions

20,000

10,000

(10,000)

(50)

d. Other Current Liabilities

20,000

30,000

10,000

50

Total

6,20,000

10,20,000

4,00,000

64.5

II. Assets

 

 

 

 

1. Non-Current Assets

 

 

 

 

a. Fixed Assets

2,00,000

5,00,000

3,00,000

150

b. Non Current Investments

1,00,000

1,25,000

25,000

25

2. Current Assets 

 

 

 

 

a. Current Investments

60,000

80,000

20,000

33.3

b. Inventories

1,35,000

1,55,000

20,000

14.8

c. Trade Receivables

60,000

90,000

30,000

50

d. Short Term Loans and Advances

40,000

60,000

20,000

50

e. Cash and Cash Equivalents

25,000

10,000

(15,000)

(60)

Total

6,20,000

10,20,000

4,00,000

64.5

Concept: Tools of Analysis of Financial Statements
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APPEARS IN

NCERT Class 12 Accountancy - Company Accounts and Analysis of Financial Statements
Chapter 4 Analysis of Financial Statements
Numerical Questions | Q 1 | Page 184
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