From the following Balance Sheet of Royal Industries as at 31st March, 2024 and 2023, prepare a comparative Balance Sheet:
From the following Balance Sheet of Royal Industries as at 31st March, 2024 and 2023, prepare a comparative Balance Sheet:
| Particulars | Note. No. | 31.3.2024 | 31.3.2023 |
| I. EQUITY AND LIABILITIES: | Â | Â | Â |
|
(1) Shareholder’s Funds: (a) Share Capital (b) Reserves and Surplus |
 |
8,00,000 1,00,000 |
5,00,000 1,00,000 |
|
(2) Non-Current Liabilities Long-term Borrowings |
 | 4,00,000 | 3,00,000 |
|
(3) Current Liabilities Short-term Borrowings |
 | 2,00,000 | 1,00,000 |
| Total | Â | 15,00,000 | 10,00,000 |
| II. Assets: | Â | Â | Â |
|
(1) Non-Current Assets Property, Plant and Equipment and Intangible Assets |
 | 6,00,000 | 4,00,000 |
|
(2) Current Assets: (a) Inventories (b) Trade Receivables (c) Cash and Cash Equivalents |
 |
3,00,000 4,00,000 2,00,000 |
2,00,000 3,00,000 1,00,000 |
| Total | Â | 15,00,000 | 10,00,000 |
[Ans. Percentage Change in Share Capital 60.00; Reserves and Surplus Nil; Non-Current Liabilities 33.33; Current Liabilities 100.00; Non Current Assets 50.00; Inventories 50.00; Trade Receivables 33.33; Cash and Cash Equivalents 100.00]
Anurag Pathak Changed status to publish 21 hours ago
