Question 5 Chapter 6 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
Prepare comparative Balance sheet from the given information.
| Particulars |
31-3-2022 | 31-3-2021 |
| Equity & Liabilities | ||
| 1.Share Capital | 10,00,000 | 5,00,000 |
| Reserve & Surplus | 2,00,000 | 3,00,000 |
| Long term borrowing | 8,00,000 | 5,00,000 |
| Trade payable | 4,00,000 | 2,00,00 |
| Total | 24,00,000 | 15,00,000 |
| Assets | ||
| Fixed Assets | ||
| Tangible assets | 15,00,000 | 8,00,000 |
| Intangible assets | 3,00,000 | 2,00,000 |
| Inventories | 5,00,000 | 4,00,000 |
| Cash and cash equivalents | 2,00,000 | 1,00,000 |
| Total | 24,00,000 | 15,00,000 |
The solution of Question 5 Chapter 6 – Unimax Publication Class 12 Part 2: –
Comparative Balance Sheet of
As At 31-3-2021 and 31-3-2022
| Particulars |
Note No | 31-3-2021 |
31-3-2022 | Absolute change | Percentage change |
| A | B | B-A =C | C/A | ||
| Equity and Liabilities | |||||
| 1.Shareholder’s Fund | |||||
| (a) Share Capital | 5,00,000 | 10,00,000 | 5,00,000 | 100.00 | |
| (a) Reserve & Surplus | 300,000 | 2,00,000 | (1,00,000) | (33.33) | |
| 2.Non-Current Liabilities | |||||
| Long term borrowing | 5,00,000 | 8,00,000 | 3,00,000 | 60.00 | |
| 3.Current liabilities | |||||
| trade payable | 2,00,1000 | 4,00,000 | 2,00,00 | 100,00 | |
| Total | 15,00,000 | 24,00,000 | 9,00,000 | 60.00 | |
| Assets | |||||
| 1. Non-current Assets | |||||
| (a)Fixed Assets | |||||
| 1.tangible Assets | 8,00,000 | 14,00,000 | 6,00,000 | 75.00 | |
| 2.Intangible Assets | 2,00,000 | 3,00,000 | 1,00,000 | 50.00 | |
| 2. Current assets | |||||
| (a) Inventories | 4,00,000 | 5,00,000 | 1,00,000 | 25.00 | |
| Cash and cash equivalents | 1,00,000 | 2,00,000 | 1,00,000 | 100.00 | |
| Total | 15,00,000 | 24,00,000 | 9,00,000 | 60.00 |
Working Notes:
| Calculation of Percentage Increase or Decrease Is as Follows: |
| C/a x 100 = D |
| (i) 5,00,000/5,00,000 x 100 = 100% Increase |
| (ii) 1,00,000 x 1,00,000 x 100 = 33.33 Decrease and so on. |
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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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