From the following Balance Sheet of Royal Industries Ltd. as at 31st March, 2024, prepare Comparative Balance Sheet:
From the following Balance Sheet of Royal Industries Ltd. as at 31st March, 2024, prepare Comparative Balance Sheet:
| Particulars | 31st March, 2024 | 31st March, 2023 |
| I EQUITY AND LIABILITIES | Â | Â |
|
Shareholder’s Funds (a) Share Capital Equity Share Capital (b) Reserves and Surplus |
10,00,000 1,00,000 |
5,00,000 1,00,000 |
|
Non-Current Liabilities Long-term Borrowings |
2,00,000 | 3,00,000 |
|
Current Liabilities Trade Payables |
2,00,000 | 1,00,000 |
| Total | 15,00,000 | 10,00,000 |
| II. Assets | Â | Â |
|
Non-Current Assets (a) Property, Plant and Equipment and Intangible Assets: (i) Property, Plant and Equipment (ii) Intangible Assets (b) Non-Current Investments |
8,00,000 2,00,000 2,00,000 |
4,00,000 2,00,000 2,00,000 |
|
Current Assets (a) Inventories (b) Cash & Cash Equivalents |
2,50,000 50,000 |
1,50,000 50,000 |
| Total | 15,00,000 | 10,00,000 |
[Ans.]
| Particulars | Absolute Change (₹) | Percentage Change (₹) |
| Share Capital | 5,00,000 | 100.00 |
| Non-Current Liabilities | (1,00,000) | (33.33) |
| Current Liabilities | 1,00,000 | 100 |
| Property, Plant and Equipment | 4,00,000 | 100 |
| Current Assets | 1,00,000 | 50 |
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