Prepare a Comparative Balance Sheet from the following and interpret it Share Capital ₹ 3,75,000 Reserves and Surplus ₹ 72,000
Prepare a Comparative Balance Sheet from the following and interpret it.
Balance Sheets as at 31st March
| Particulars | Note. No. | 31.3.2024 | 31.3.2023 |
| I. EQUITY AND LIABILITIES: | |||
|
(1) Shareholder’s Funds: (a) Share Capital (b) Reserves and Surplus |
3,75,000 72,000 |
4,00,000 60,000 |
|
|
(2) Non-Current Liabilities Long-term Borrowings |
90,000 | 1,50,000 | |
|
(3) Current Liabilities Short-term Borrowings |
1,33,000 | 1,40,000 | |
| Total | 7,30,000 | 6,90,000 | |
| II. Assets: | |||
|
(1) Non-Current Assets Property, Plant and Equipment and Intangible Assets |
6,00,000 | 4,00,000 | |
|
(2) Current Assets: (a) Inventories (b) Cash and Cash Equivalents |
1,00,000 30,000 |
2,00,000 90,000 |
|
| Total | 7,30,000 | 6,90,000 |
[Ans. Percentage change in Share Capital (6.25); Reserve & Surplus 20.00; Non Current Liabilities 66.67; Current Liabilities (5.00); Non Current Assets 50.00; Inventory (50.00
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