Q. 5 Comparative and Common Size Statements TS Grewal Solutions Class 12 CBSE (2024-25)

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Solutions of Question number 5 of comparative and common size statements TS grewal class 12 CBSE Board 2024 25.

Following is the summarised Balance Sheet of Wye Ltd. as at 31st March, 2024.

Particulars31st March, 202431st March, 2023
I EQUITY AND LIABILITIES
Shareholder’s Funds
(a) Share Capital
(i) Equity Share Capital
(ii) Preference Share Capital
(b) Reserves and Surplus
4,00,000
1,00,000
1,20,000
4,00,000
1,00,000
1,10,000
Non-Current Liabilities
(a) Long-term Borrowings
(b) Long-term Provisions
4,50,000
50,000
4,50,000
1,00,000
Current Liabilities
(a) Trade Payables (Creditors)
(b) Short-term Provisions
5,30,000
50,000
3,30,000
50,000
Total17,00,00015,40,000
II. Assets
Non-Current Assets
(a) Property, Plant and Equipment and Intangible Assets:
Property, Plant and Equipment
(b) Non-Current Investments
9,90,000
1,00,000
10,40,000
1,00,000
Current Assets
(a) Trade Receivables
(b) Cash & Cash Equivalents
5,00,000
1,10,000
3,00,000
1,00,000
Total17,00,00015,40,000

You are required to comment upon the changes in absolute figures from one period to another.

[Ans. Share Capital: No change; Reserves and Surplus – ₹ 10,000 (Increase); Long-term Borrowings: Bank Loan – ₹ 1,00,000 (Decrease); 8% Debentures – ₹ 1,00,000 (Increase); Long-term Provisions – ₹ 50,000 (Decrease); Current Liabilities – ₹ 2,00,000 (Increase); Property, Plant and Equipment – ₹ 50,000 (Decrease); Current Assets – ₹ 2,10,000 (increase).]

Solution:-

Following is the list of solutions

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