Unimax Accountancy Class 12 Part 2 - 2023 Solutions Chapter 6 Tools / Methods of Financial Analysis - Unimax

Question No 01 Chapter 6 – UNIMAX Class 12 Part 2 – 2021

Prepare comparative balance sheet of M/s Raja Traders from the following:

Particulars	31-3-2022	31-3-2021
1 Shareholder’s Fund
(a) Share Capital	70,000	40,000
(b) Reserve & Surplus	10,000	12,000
Non-Current Liabilities
Long term borrowing (Loans)	50,000	50,000
Total	1,30,000	1,02,000
Assets
1. Non-Current Assets
Fixed Assets (Tangible)	1,02,000	80,000
2. Current Assets
(a) Trade receivables	20,000	10,000
(b) Cash & Cash equivalents	8,000	12,000
	1,30,000	1,02,000

The solution of Question No 01 Chapter 6 – UNIMAX Class 12 Part 2 – 2021: -

M/s Raja Traders
Comparative Balance Sheet
As At 31-3-2021 and 31-3-2022

Particulars	31-3-2021	31-3-2022	Absolute change	Percentage change
	A	B	B-A =C	C/A x100
Equity and Liabilities
1.Shareholder’s Fund
(a) Share Capital	40,000	70,000	30,000	75
(a) Reserve & Surplus	12,000	10,000	(2,000)	(16.67)
2.Non-Current Liabilities
Long term borrowing (Loans)	50,000	50,000	-	-
Total	1,02,000	1,30,000	28,000	27.45
Assets
1. Non-current Assets
(a) Fixed Assets (Tangible)	80,000	1,02,000	22,000	27.50
2.Current Assets
(a)Trade receivables	10,000	20,000	10,000	100
(b) Cash & Cash equivalents	12,000	8,000	(4,000)	33.33
Total	1,02,000	1,30,000	28,000	27.45