[ISC] Q. 5 Solution of Comparative Statements and Common-Size Statements TS Grewal (2023-24)

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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:

Particulars31st 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
4,20,0003,75,000
Total19,50,00018,60,000
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
Total19,50,00018,60,000

Solution:-

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