Question 01 Chapter 2 of +2-B – USHA Publication 12 Class

Question 01 Chapter 2 of +2-B

Question 01 Chapter 2 of +2-B

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

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

2 Book 3 min 225x300 - Question 01 Chapter 2 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

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