Question 01 Chapter 2 of +2-B
Table of Contents
Comparative Balance Sheet
1.From the following Balance Sheets prepare Comparative Balance Sheet of AB Ltd.:
| Particular | Note no. | 31st March 2016 | 31st March 2015 |
| I. Equity and Liabilities | |||
| 1. Shareholders’ Funds | |||
| Share Capital | 1,60,000 | 1,25,000 | |
| 2. Current Liabilities | 40,000 | 25,000 | |
| Total | 2,00,000 | 1,50,000 | |
| II. Assets | |||
| 1.Non-Current Assets | |||
| Fixed Assets | 1,50,000 | 1,20,000 | |
| 2. Current Assets | 50,000 | 30,000 | |
| Total | 2,00,000 | 1,50,000 |
The solution of Question 01 Chapter 2 of +2-B: –
| Comparative Balance Sheet of Sun Ltd. | |||||
| Particulars |
Note no. | 31st March, 2015 (A) (3) |
31st March, 2016 (B) (4) |
Absolute Change (Increase /Decrease) (C=B-A) (5) |
Percentage C hange (Increase /Decrease) (D=C/A x 100) (6) |
| I. Equity and Liabilities | |||||
| 1. Shareholders’ Funds | |||||
| Share Capital | 1,25,000 | 1,60,000 | 35,000 | 28.00% | |
| 2.Current Liabilities | 25,000 | 40,000 | 15,000 | 60.00% | |
| Total | 1,50,000 | 2,00,000 | 50,000 | 33.33% | |
| II Assets | |||||
| 1. Non-current Assets | |||||
| Fixed Assets | 1,20,000 | 1,50,000 | 30,000 | 25.00% | |
| 2. Current Assets | 30,000 | 50,000 | 20,000 | 66.65% | |
| Total | 1,50,000 | 2,00,000 | 50,000 | 33.33% | |
To understand more about Balance Sheet please check out following links:
Balance Sheet: Meaning, Format & Examples
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Also, Check out the solved question of previous Chapters: –
Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Reconstitution of Partnership)
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
- Chapter No. 8 – Company Accounts (Share Capital)
- Chapter No. 9 – Company Accounts (Issue of Debentures)
- Chapter No. 10 – Company Accounts (Redemption of Debentures)
Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 4 – Ratio Analysis
- Chapter No. 5 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication
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