Question of 33
Q.
From the following information, prepare Comparative Balance Sheet of Amrutheshwari Co. Ltd.
| Particulars | 31.03.2022 (₹) | 31.03.2023 (₹) |
|---|---|---|
| Share capital | 8,00,000 | 9,00,000 |
| Reserve | 80,000 | 90,000 |
| Long term loans | 20,000 | 30,000 |
| Current liabilities | 30,000 | 20,000 |
| Total | 9,30,000 | 10,40,000 |
| Building | 4,00,000 | 5,00,000 |
| Machinery | 1,00,000 | 2,00,000 |
| Inventory | 3,00,000 | 3,00,000 |
| Trade Receivables | 90,000 | 20,000 |
| Cash and Cash equivalents | 40,000 | 20,000 |
| Total | 9,30,000 | 10,40,000 |
Karnataka PUCKarnataka 2nd PUC Commerce Board 2024Subjective· 12mImportance★★★★★
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Start your 14-day free trial to unlock the full solution →Comparative Balance Sheet — total increases by ₹1,10,000 (11.83%).
Absolute change = 2023 figure − 2022 figure; Percentage change = (Absolute change ÷ 2022 figure) × 100.
Comparative Balance Sheet of Amrutheshwari Co. Ltd. as on 31.03.2022 and 31.03.2023:
| Particulars | 2022 (₹) | 2023 (₹) | Absolute change (₹) | % change |
|---|---|---|---|---|
| I. EQUITY AND LIABILITIES | ||||
| 1. Shareholders' funds | ||||
| (a) Share capital | 8,00,000 | 9,00,000 | +1,00,000 | +12.50 |
| (b) Reserves and surplus | 80,000 | 90,000 | +10,000 | +12.50 |
| 2. Non-current liabilities (Long-term loans) | 20,000 | 30,000 | +10,000 | +50.00 |
| 3. Current liabilities | 30,000 | 20,000 | −10,000 | −33.33 |
| Total | 9,30,000 | 10,40,000 | +1,10,000 | +11.83 |
| II. ASSETS | ||||
| 1. Non-current assets | ||||
| (a) Building | 4,00,000 | 5,00,000 | +1,00,000 | +25.00 |
| (b) Machinery | 1,00,000 | 2,00,000 | +1,00,000 | +100.00 |
| 2. Current assets | ||||
| (a) Inventory | 3,00,000 | 3,00,000 | 0 | 0.00 |
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