Question 18 Chapter 2 of +2-B
Table of Contents
Common Size Balance Sheet
18. Prepare common size balance sheet of HK Computer Limited.
| Particular | 31st March, 2016 ₹ | 31st March, 2015 ₹ |
| I. Equity and Liabilities | ||
| Shareholders’ Funds | ||
| Share Capital | 11,00,000 | 8,00,000 |
| Reserve and Surplus | 2,00,000 | 1,00,000 |
| Non-Current Liabilities | ||
| Long –term Borrowings | 6,00,000 | 4,00,000 |
| Current Liabilities | ||
| Trade Payables | 1,00,000 | 2,00,000 |
| 20,00,000 | 15,00,000 | |
| II. Assets | ||
| Non-Current Assets | ||
| Fixed Assets | 12,00,000 | 10,00,000 |
| Non-Current Investments | 2,50,000 | 1,50,000 |
| Current Assets | ||
| Inventories | 3,50,000 | 2,00,000 |
| Trade Receivables | 2,00,000 | 1,50,000 |
| 20,00,000 | 15,00,000 |
The solution of Question 18 Chapter 2 of +2-B: –
| Comparative Statement of Profit & Loss | |||||
| Particulars |
Note no. | 31st March, 2015 (A) (3) |
31st March, 2016 (B) (4) |
Percentage |
Percentage Change (Increase/ Decrease) |
| I. Equity and Liabilities | |||||
| 1. Shareholders’ Funds | |||||
| (a) Share Capital | 8,00,000 | 11,00,000 | 53.33% | 55.00% | |
| (b) Reserves and Surplus | 1,00,000 | 2,00,000 | 6.67% | 10.00% | |
| 2. Non-Current Liabilities | |||||
| (a) Long-term borrowings | 4,00,000 | 6,00,000 | 26.67% | 30.00% | |
| 3. Current Liabilities | |||||
| Trade Payable | 2,00,000 | 1,00,000 | 13.33% | 5.00% | |
| Total | 15,00,000 | 20,00,000 | 100.00% | 100.00% | |
| II. Assets | |||||
| 1.Non-Current Assets | |||||
| Fixed Assets: | 10,00,000 | 12,00,000 | 66.67% | 60.00% | |
| Non-Current Investments | 1,50,000 | 2,50,000 | 10.00% | 12.50% | |
| 2. Current Assets | |||||
| Inventories | 2,00,000 | 3,50,000 | 13.33% | 17.50% | |
| Trade Receivables | 1,50,000 | 2,00,000 | 10.00% | 10.00% | |
| Total | 15,00,000 | 20,00,000 | 100.00% | 100.00% | |
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
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