Advertisement

Question 17 Chapter 2 of +2-B – USHA Publication 12 Class

Question 17 Chapter 2 of +2-B
Q-17- CH-2 Book 2 - Usha Pub. +2 Book 2020 - Solution

Advertisement

Question 17 Chapter 2 of +2-B

Advertisement

Comparative Statement of Profit & Loss

17. Prepare common size balance sheet of Wizard Limited.

Particular31st March 201631st March 2015
Equity Share Capital8,00,0006,00,00
Securities Premium Reserve2,00,0001,00,000
Long-term Borrowings2,00,0003,00,000
Land & Building8,00,0007,50,000
Current Assets4,00,0002,50,000

The solution of Question 17 Chapter 2 of +2-B: – 

 

Comparative Statement of Profit & Loss
Particulars
Note no.31st March,
2015
(A)
(3)
31st March,
2016
(B)
(4)

Percentage
Change

(Increase
/Decrease)

Percentage
Change

(Increase/
Decrease)
I. Equity and Liabilities     
1. Shareholders’ Funds     
(a) Share Capital 6,00,0008,00,00060.00%66.67%
(b) Reserves and Surplus     
Securities Premium Reserve 2,00,0001,80,00010.00%16.67%
2. Non-Current Liabilities     
(a) Long-term borrowings 20,00036,00030.00%16.67%
Total  2,20,0002,16,000100.00%100.00%
II. Assets     
1.Non-Current Assets     
(a) Fixed Assets:     
(i) Tangible Assets     
Land & Building 3,80,0002,34,00075.00%66.67%
2. Current Assets 1,14,00070,20025.00%33.33%
Total 2,20,0002,16,000100.00%100.00%

Advertisement-X

 


To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

Thanks, Please Like and share with your friends  

Comment if you have any question.

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

Advertisement-X

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

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

Advertisement

Advertisement

error: Content is protected !!