[ISC] Q. 3 Solution of Comparative Statements and Common-Size Statements TS Grewal (2023-24)
Solution of Q 3 Comparative Statements and Common-Size Statements TS Grewal Class 12 ISC Board Accountancy Book 2023-24
From the following Balance Sheet of Depth Ltd. as at 31st March, 2023, prepare Comparative Balance Sheet:
| Particulars | 31st March, 2023 (₹) | 31st March, 2022 (₹) |
| I. EQUITY AND LIABILITIES | ||
| 1. Shareholder’s Funds (a) Share Capital (b) Reserve and Surplus | 10,00,000 1,00,000 | 5,00,000 1,00,000 |
| 2. Non-Current Liabilities Long-term Borrowing (10% Debentures) | 2,00,000 | 3,00,000 |
| 3. Current Liabilities (a) Trade Payables (b) Short-term Provisions | 1,60,000 40,000 | 75,000 25,000 |
| Total | 15,00,000 | 10,00,000 |
| II. Assets | ||
| 1. Non-Current Assets (a) Property, Plant and Equipment and Intangible Assets: – Property, Plant and Equipment (b) Non-Current Investments | 9,00,000 3,00,000 | 5,00,000 3,00,000 |
| 2. Current Assets (a) Inventories (b) Cash and Bank Balances | 2,50,000 50,000 | 1,50,000 50,000 |
| Total | 15,00,000 | 10,00,000 |
Solution:-
