Question 18 Chapter 2 of +2-B – USHA Publication 12 Class

Question 18 Chapter 2 of +2-B

Question 18 Chapter 2 of +2-B

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 Balance Sheet of Sun Ltd.
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   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

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

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T.S. Grewal’s Analysis of Financial Statements

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