Question 2 Chapter 6 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
Prepare Comparative Balance Sheet as at 31-3-2021 and 2022 from the following Balance Sheets:
| Particulars |
31-3-2021 | 31-3-2022 |
| Equity & Liabilities | ||
| 1 Shareholder’s Fund | ||
| (a) Share Capital | 7,50,000 | 15,00,000 |
| (b) Reserve & Surplus | 4,50,000 | 3,00,000 |
| Non-Current Liabilities | ||
| Long term borrowing (12% Debentures) | 7,50,000 | 12,00,000 |
| 3.Current liabilities | ||
| Trade Payable | 3,00,000 | 6,00,000 |
| Total | 22,50,000 | 36,00,000 |
| Assets | ||
| 1. Non-Current Assets | ||
| Fixed Assets (Tangible) | 15,00,000 | 22,50,000 |
| 2. Current Assets | 7,50,000 | 13,50,000 |
| 22,50,000 | 36,00,000 |
The solution of Question 2 Chapter 6 – Unimax Publication Class 12 Part 2- 2021 : –
Comparative Balance Sheet
As At 31-3-2021 and 31-3-2022
| Particulars |
31-3-2021 |
31-3-2022 | Absolute change | Percentage change |
| A | B | B-A =C | C/A x100 | |
| Equity and Liabilities | ||||
| 1.Shareholder’s Fund | ||||
| (a) Share Capital | 7,50,000 | 15,00,000 | 7,50,000 | 100 |
| (a) Reserve & Surplus | 4,50,000 | 3,00,000 | (1,50,000) | (33.33) |
| 2.Non-Current Liabilities | ||||
| Long term borrowing (12% Dentures) | 7,50,000 | 12,00,000 | 4,50,000 | 60 |
| 3.Current liabilities | ||||
| Trade Payable | 3,00,000 | 6,00,000 | 3,00,000 | 100 |
| Total | 22,50,000 | 36,00,000 | 13,50,000 | 60 |
| Assets | ||||
| 1. Non-current Assets | ||||
| (a) Fixed Assets | 15,00,000 | 22,50,0000 | 7,50,000 | 50 |
| 2.Current Assets | 7,50,000 | 13,50,000 | 6,00,000 | 80 |
| Total | 22,50,1000 | 36,00,000 | 13,50,000 | 60 |
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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
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