Question 19 Chapter 6 -Unimax Publication Class 12 Part 2 – 2021

Question No 19 Chapter No -6 Unimax Class - 12 Part - II
Question No 19 Chapter No -6 Unimax Class - 12 Part - II

Question 19 Chapter 6 – Unimax Publication Class 12 Part 2 – 2021

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

Thanks, Please Like and share with your friends  

Comment if you have any Doubts.

Comparative Statements – Balance Sheet & Profit and Loss

Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution

Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution

Check out T.S. Grewal +2 Book 2023@ Official Website of Sultan Chand Publication

 

 

 

 

 

Advertisement-X

 

 

 

Advertisement

error: Content is protected !!