[ISC] Q. 2 Solution of Comparative Statements and Common-Size Statements TS Grewal (2023-24)

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Solution of Q 2 Comparative Statements and Common-Size Statements TS Grewal Class 12 ISC Board Accountancy Book 2023-24

From the following information, prepare Comparative Balance Sheet of Akash Ltd:

Particulars31st March,
2023 (₹)
31st March,
2022 (₹)
Share Capital
Reserves and Surplus
Long-term Borrowings
Trade Payables
Trade Receivables
Land and Building
Plant and Machinery
Patents
Cash and Bank Balances
10,00,000
9,00,000
4,00,000
1,00,000
3,00,000
10,00,000
8,00,000
2,00,000
1,00,000
8,00,000
7,50,000
5,00,000
50,000
2,00,000
10,00,000
6,00,000
2,00,000
1,00,000

Solution:-

Comparative Balance Sheet as at 31st March

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