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Get complete step-by-step solutions for T.S. Grewal Class 12 Vol 3 2025-2026 - Chapter 3 - Tools of Financial Statement Analysis. Study double-entry system details, practice timed problems, and verify answers directly.
Chapter 3 - Tools of Financial Statement Analysis
From the following Balance Sheet, prepare the Comparative Balance Sheet of Sun Ltd.:
| Particulars | 31st March, 2025 (₹) | 31st March, 2024 (₹) |
|---|---|---|
| I. Equity and Liabilities | ||
| 1. Shareholders’ Funds | ||
| Share Capital | 3,50,000 | 3,00,000 |
| 2. Non-Current Liabilities | ||
| Long-term Borrowings | 1,00,000 | 2,00,000 |
| 3. Current Liabilities | ||
| Trade Payables | 1,50,000 | 1,00,000 |
| Total | 6,00,000 | 6,00,000 |
| II. Assets | ||
| 1. Non-Current Assets | ||
| Fixed Assets (Tangible Assets) | 4,00,000 | 3,00,000 |
| 2. Current Assets | ||
| Trade Receivables | 2,00,000 | 3,00,000 |
| Total | 6,00,000 | 6,00,000 |
| Particulars | 31st March, 2024 (₹) | 31st March, 2025 (₹) | Absolute Change (₹) | % Change |
|---|---|---|---|---|
| I. Equity and Liabilities | ||||
| 1. Shareholders’ Funds | ||||
| Share Capital | 3,00,000 | 3,50,000 | 50,000 | 16.67% |
| 2. Non-Current Liabilities | ||||
| Long-term Borrowings | 2,00,000 | 1,00,000 | (1,00,000) | (50.00%) |
| 3. Current Liabilities | ||||
| Trade Payables | 1,00,000 | 1,50,000 | 50,000 | 50.00% |
| Total | 6,00,000 | 6,00,000 | 0 | 0.00% |
| II. Assets | ||||
| 1. Non-Current Assets | ||||
| Fixed Assets (Tangible Assets) | 3,00,000 | 4,00,000 | 1,00,000 | 33.33% |
| 2. Current Assets | ||||
| Trade Receivables | 3,00,000 | 2,00,000 | (1,00,000) | (33.33%) |
| Total | 6,00,000 | 6,00,000 | 0 | 0.00% |
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