Page 23 - MA12

Comparative Statements and Common-Size Statements 2.9

Unsolved Questions

1. The Balance Sheet of Blue Bell Ltd. as at 31st March, 2019 is given below:
BALANCE SHEET as at 31st March, 2019
Particulars Note No. 31st March, 31st March,
2019 (`) 2018 (`)
I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
Share Capital 4,26,000 3,44,000
2. Non-Current Liabilities
Long-term Borrowings 6,96,000 4,38,000
3. Current Liabilities
Short-term Borrowings, Trade Payables, etc. 2,98,000 78,000
Total 14,20,000 8,60,000
II. ASSETS
1. Non-Current Assets
(a) Fixed Assets (Tangible Assets) 5,68,000 4,30,000
(b) Non-Current Investments 6,000 4,000
2. Current Assets
Inventories, Trade Receivables, Cash and Bank Balances, etc. 8,46,000 4,26,000
Total 14,20,000 8,60,000

Prepare Comparative Balance Sheet showing percentage changes from 2018 to 2019.
2. Following is the Balance Sheet of Priya Ltd., as at 31st March, 2019:
Particulars Note No. 31st March, 31st March,
2019 (`) 2018 (`)
I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
(a) Share Capital:
Equity Share Capital 20,00,000 15,00,000
(b) Reserves and Surplus 8,00,000 8,00,000
2. Non-Current Liabilities
Long-term Borrowings 10,00,000 4,00,000
3. Current Liabilities
(a) Short-term Borrowings (Bank Overdraft) 5,00,000 3,00,000
(b) Trade Payables 4,00,000 2,00,000
(c) Other Current Liabilities 60,000 75,000
(d) Short-term Provisions 40,000 25,000
Total 48,00,000 33,00,000
II. ASSETS
1. Non-Current Assets
(a) Fixed Assets (Tangible) 27,00,000 18,00,000
(b) Non-Current Investments 5,00,000 5,00,000
2. Current Assets
(a) Inventories 8,00,000 5,00,000
(b) Trade Receivables 6,50,000 4,00,000
(c) Cash and Bank Balances 1,50,000 1,00,000
Total 48,00,000 33,00,000
You are required to prepare Comparative Balance Sheet on the basis of the information given in the above
Balance Sheet.