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Question 3 Chapter 3 of +2-B – T.S. Grewal 12 Class

Question 3 Chapter 3 of +2-B
Question No. 3 - Chapter No.3 - T.S. Grewal +2 Book Part B-min (1)

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Question 3 Chapter 3 of +2-B

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Comparative Balance Sheet

3. Balance Sheet of Blue Bell Ltd. As at 31st March 2019 is given below:

ParticularsNote no.31st March,31st March,
  20192018
 I. Equity and Liabilities    
1. Shareholders’ Funds   
(a) Share Capital 3,26,0002,44,000
(b) Reserves and Surplus 1,00,0001,00,000
2. Non-Current Liabilities   
Long-term borrowings 6,96,0004,38,000
3. Current Liabilities   
Trade Payables 2,98,00078,000
 Total 14,20,0008,60,000
 II. Assets   
1.Non-Current Assets   
(a)Fixed Assets 5,68,0004,30,000
(b)Non-Current Investments 6,0004,000
2. Current Assets    
Trade receivable 6,46,0003,76,000
Cash and Cash Equivalents 2,00,00050,000
 Total 14,20,0008,60,000

Prepare Comparative Balance Sheet showing Percentage Changes From 2018 to 2019:

The solution of Question 3 Chapter 3 of +2-B: – 

Comparative Balance Sheet of Sun Ltd.

Particulars

(1)


Note no.
(2)
31st March,
2018
(A)
(3)
31st March,
2019
(B)
(4)
Absolute
Change

(Increase/
Decrease)

(C=B-A)
(5)

Percentage
Change

(Increase/
Decrease)

(D=C/A x 100)
(6)
I. Equity and Liabilities     
1. Shareholders’ Funds     
Share Capital 2,44,0003,26,00082,00033.60%
(b) Reserves and Surplus 1,00,0001,00,000  
3. Non-Current Liabilities     
Long-term borrowings 4,38,0006,96,0006,96,00058.90%
4. Current Liabilities     
Trade Payables 78,0002,98,0002,20,000282.05%
Total 8,60,00014,20,0005,60,00065.11%
II. Assets     
1.Non-Current Assets     
Fixed Assets (Tangible Assets) 4,30,0005,68,0001,38,00032.09%
(b) Non-Current Investments 4,0006,0002,00050.00%
2. Current Assets     
Trade receivable 3,76,0006,46,0002,70,00071.80%
Cash and Cash Equivalents 50,0002,00,0001,50,000300.00%
Total 8,60,00014,20,0005,60,00062.11%



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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: –

T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

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