Page 244 - MA-12

2.6 Management Accounting (Section B)—ISC XII

Unsolved Question

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.

GUIDE TO ANSWER
1.
Particulars Share Capital Long-term Borrowings Current Fixed Assets Non-current Current
Liabilities Investments Assets
Absolute Change (`) 82,000 2,58,000 2,20,000 1,38,000 2,000 4,20,000
Percentage Change (%) 23.84 58.90 282.05 32.09 50.00 98.59