Question 03 Chapter 2 of +2-B
Table of Contents
Comparative Balance Sheet
3. From the following information, prepare a comparative Balance Sheet of Depth Ltd. :
| Particular | 31stMarch, 2016 | 31st March, 2015 |
| Equity Share Capital | 25,00,000 | 25,00,000 |
| Fixed Assets | 30,00,000 | 36,00,000 |
| Reserves & Surplus | 5,00,000 | 6,00,000 |
| Investments | 5,00,000 | 5,00,000 |
| Long-term Loans | 15,00,000 | 15,00,000 |
| Current Assets | 15,00,000 | 10,50,000 |
| Current Liabilities | 5,00,000 | 5,50,000 |
The solution of Question 03 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 | 25,00,000 | 25,00,000 | – | – | |
| Reserves and Surplus | |||||
| Reserves | 6,00,000 | 5,00,000 | (1,00,000) | (16.67%) | |
| 3. Current Liabilities | 5,50,000 | 5,00,000 | (50,000) | (09.09%) | |
| Total | 51,50,000 | 50,00,000 | (1,50,000) | (2.91%) | |
| II Assets | |||||
| 1. Non-current Assets | |||||
| Fixed Assets | 36,00,000 | 30,00,000 | (6,00,000) | (16.67%) | |
| Investment | 5,00,000 | 5,00,000 | – | – | |
| 2. Current Assets | 10,50,000 | 15,00,000 | 4,50,000 | 42.85% | |
| Total | 51,50,000 | 50,00,000 | (1,50,000) | (2.91%) | |
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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