Question 3 Chapter 6 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
Following are the Balance Sheet of Maharaja Ltd. as on 31-12-2021 and 31-12-2022:
| Particulars |
31-12-2022 | 31-12-2021 |
| Share Capital | 40,00,000 | 28,00,000 |
| Reserve & Surplus | 10,00,000 | 15,00,000 |
| Loan | 15,00,000 | 8,00,000 |
| 3.Current liabilities | 15,00,000 | 9,00,000 |
| Total | 80,00,000 | 60,00,000 |
| Assets | ||
| Fixed Assets (Building) | 50,00,000 | 40,00,000 |
| Current Assets (Trade receivable) | 30,00,000 | 20,00,000 |
| 80,00,000 | 60,00,000 |
You are require to prepare a comparative Balance Sheet on the basis of the information given ibn the above Balance Sheet.
The solution of Question 3 Chapter 6 – Unimax Publication Class 12 Part 2 – 2021: –
Comparative Balance Sheet of Maharaja Ltd.
As At 31-12-2021 and 31-12-2022
| Particulars |
note | 31-12-2021 |
31-12-2022 | Absolute change | Percentage change |
| A | B | B-A =C | |||
| Equity and Liabilities | |||||
| 1.Shareholder’s Fund | |||||
| (a) Share Capital | 28,00,000 | 40,00,000 | 12,00,000 | 42.86 | |
| (a) Reserve & Surplus | 15,00,000 | 10,00,000 | (5,00,000) | 33.33 | |
| 2.Non-Current Liabilities | |||||
| Long term borrowing | 8,00,000 | 15,00,000 | 7,00,000 | 87.50 | |
| 3.Current liabilities | 9,00,000 | 15,00,000 | 6,00,000 | 66.67 | |
| Total | 60,00,000 | 80,00,000 | 20,00,000 | 33.333 | |
| Assets | |||||
| 1. Non-current Assets | |||||
| (a) Fixed Assets (Building) | 40,00,000 | 50,00,000 | 10,00,000 | 25.0 | |
| 2.Current Assets | 20,00,000 | 30,020,000 | 10,00,000 | 50.0 | |
| Total | 60,00,000 | 80,00,000 | 20,00,000 | 33.33 |
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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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