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

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Sum

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

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

 

 

Equity share capital

4,00,000 3,00,000

Reserves and surplus

1,50,000 1,00,000

Loan from IDBI

3,00,000 1,00,000

Short-term borrowings

70,000 50,000

Trade payables

60,000 30,000

Short-term provisions

10,000 20,000

Other current liabilities

1,10,000 1,00,000
Total 11,00,000 7,00,000
II. Assets

 

 

Fixed assets

4,00,000 2,20,000

Non-current investments

2,25,000 1,00,000

Current investments

80,000 60,000

Stock

1,05,000 90,000

Trade receivables

90,000 60,000

Short term loans and advances

1,00,000 85,000

Cash and cash equivalents

1,00,000 85,000
Total 11,00,000 7,00,000

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

3,00,000

4,00,000

1,00,000

33.3

 b. Reserves and Surplus

1,00,000

1,50,000

50,000

50

2. Non-Current Liabilities

 

 

 

 

a. Long Term Borrowings
(Loan from IDBI)

1,00,000

3,00,000

2,00,000

200

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

1,00,000

1,10,000

10,000

10

Total

7,00,000

11,00,000

4,00,000

57.14

II. Assets

 

 

 

 

1. Non-Current Assets

 

 

 

 

 a. Fixed Assets

2,20,000

4,00,000

1,80,000

81.8

 b. Non Current Investments

1,00,000

2,25,000

1,25,000

125

2. Current Assets

 

 

 

 

 a. Current Investments

60,000

80,000

20,000

33.3

 b. Inventories (Stock)

90,000

1,05,000

15,000

16.6

 c. Trade Receivables

60,000

90,000

30,000

50

 d. Short Term Loans and Advances

85,000

1,00,000

15,000

17.65

 e. Cash and Cash Equivalents

85,000

1,00,000

15,000

17.65

Total

7,00,000

11,00,000

4,00,000

57.14

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 2 | Page 185
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