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Question 19 Chapter 6 – Unimax Publication Class 12 Part 2 – 2021
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Table of Contents
Following are the balance sheet of Maharaja Ltd. as on 31-12-2021 & 31-12-2022.
| Particulars | 2022 | 2021 |
| Share Capital | 2,00,000 | 1,40,000 |
| Reserve & Surplus | 50,000 | 75,000 |
| 12% Debentures | 75,000 | 40,000 |
| Current Liabilities | 75,000 | 45,000 |
| Total | 4,00,000 | 3,00,000 |
| Assets | ||
| Fixed Assets (Building) | 2,50,000 | 2,00,000 |
| Current Assets (Trade receivable) | 1,50,000 | 1,00,000 |
| Total | 4,00,000 | 3,00,000 |
The solution of Question 19 Chapter 6 – Unimax Publication Class 12 Part 2- 2021: –
Common Size Balance Sheet
As on 31-13-2021 & 31-12-2022
| Particulars | Absolute amount 2021 | % of Balance Sheet Total | Absolute amount 2022 | % of Balance Sheet Total |
| Equity and Liabilities | ||||
| 1.Shareholder’s Fund | ||||
| (a) Share Capital | 1,40,000 | 46.67 | 2,00,000 | 50.00 |
| (a) Reserve & Surplus | 75,000 | 25.00 | 50,000 | 12.50 |
| 2.Non-Current Liabilities | ||||
| Long term borrowing | 40,0010 | 13.33 | 75,000 | 18.75 |
| 3.Current liabilities | 45,000 | 15.00 | 75,000 | 18.75 |
| Total | 3,00,000 | 100.00 | 4,00,000 | 100.00 |
| Assets | ||||
| 1. Non-current Assets | ||||
| Fixed Assets (Building) | 2,00,000 | 66.67 | 2,50,000 | 62.5 |
| 2.Current Assets | 1,00,000 | 33.33 | 1,50,000 | 37.5 |
| Total | 3,00,000 | 100.00 | 4,00,000 | 100.00 |
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Comparative Statements – Balance Sheet & Profit and Loss
Unimax 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 (Change in Profit sharing ratio among Existing Partners )
- 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)
Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Company Accounts (Issue of Debentures)
- Chapter No. 3 – Company Accounts (Redemption of Debentures)
- Chapter No. 4 – Financial Statements of a Company
- Chapter No. 5 – Financial Statement Analysis
- Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
Check out T.S. Grewal +2 Book 2023@ Official Website of Sultan Chand Publication
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