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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Get complete step-by-step solutions for T.S. Grewal ISC Class 12 Accountancy Volume 2 - Chapter 2 - Comparative Statements. Study double-entry system details, practice timed problems, and verify answers directly.
From the following information, prepare the Comparative Balance Sheet of Ahaan Ltd.:
| Particulars | 31st March, 2026 (₹) | 31st March, 2025 (₹) |
|---|---|
| Shareholders' Funds | 9,00,000 | 6,00,000 |
| Non-current Liabilities | 3,00,000 | 3,00,000 |
| Current Liabilities | 3,00,000 | 1,00,000 |
| Non-current Assets | 10,50,000 | 7,00,000 |
| Current Assets | 4,50,000 | 3,00,000 |
Comparative Balance Sheet
| Particulars | 31st March, 2026 (₹) | 31st March, 2025 (₹) | Absolute change (₹) | Percentage change (%) |
|---|---|---|---|---|
| I. EQUITY AND LIABILITIES | ||||
| 1. Shareholders' funds | 9,00,000 | 6,00,000 | 3,00,000 | 50.00 |
| 2. Non-current liabilities | 3,00,000 | 3,00,000 | — | — |
| 3. Current liabilities | 3,00,000 | 1,00,000 | 2,00,000 | 200.00 |
| Total | 15,00,000 | 10,00,000 | 5,00,000 | 50.00 |
| II. ASSETS | ||||
| 1. Non-current assets | 10,50,000 | 7,00,000 | 3,50,000 | 50.00 |
| 2. Current assets | 4,50,000 | 3,00,000 | 1,50,000 | 50.00 |
| Total | 15,00,000 | 10,00,000 | 5,00,000 | 50.00 |
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Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.