[ISC] Q. 5 Solution of Comparative Statements and Common-Size Statements TS Grewal (2023-24)
Solution of Q 5 Comparative Statements and Common-Size Statements TS Grewal Class 12 ISC Board Accountancy Book 2023-24
Prepare Comparative Balance Sheet of Gold Coin Ltd. from the information given below:
| Particulars | 31st March, 2023 (₹) | 31st March, 2022 (₹) |
| I. EQUITY AND LIABILITIES | ||
| 1. Shareholder’s Funds (a) Share Capital (b) Reserves and Surplus | 9,00,000 3,30,000 | 7,50,000 2,85,000 |
| 2. Non-Current Liabilities Long-term Borrowings (i) 12% Debentures (Secured) (ii) Unsecured Loan | 1,80,000 1,20,000 | 2,70,000 1,80,000 |
| 3. Current Liabilities (a) Trade Payables | 4,20,000 | 3,75,000 |
| Total | 19,50,000 | 18,60,000 |
| II. ASSETS | ||
| I. Non-Current Assets Property, Plant and Equipment and Intangible Assets: (i) Property, Plant and Equipment (ii) Intangible Assets | 10,65,000 90,000 | 11,45,000 1,00,000 |
| 2. Current Assets (a) Trade Receivables (b) Cash and Bank Balances | 6,10,000 1,85,000 | 4,50,000 1,65,000 |
| Total | 19,50,000 | 18,60,000 |
Solution:-
