[ISC] Q. 3 Solution of Comparative Statements and Common-Size Statements TS Grewal (2023-24)

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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:

Particulars31st 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)
2,00,0003,00,000
3. Current Liabilities
(a) Trade Payables
(b) Short-term Provisions
1,60,000
40,000
75,000
25,000
Total15,00,00010,00,000
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
Total15,00,00010,00,000

Solution:-

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