Q. 3 DK Goel Comparative Statements Solutions CBSE (2024-25)
Solution of Question number 3 of DK Goel Comparative Statements chapter of CBSE Board (2024-25)
Prepare a Comparative Balance Sheet from the following and interpret it.
Balance Sheets as at 31st March
| Particulars | Note. No. | 31.3.2024 | 31.3.2023 |
| I. EQUITY AND LIABILITIES: | |||
| (1) Shareholder’s Funds: (a) Share Capital (b) Reserves and Surplus | 3,75,000 72,000 | 4,00,000 60,000 | |
| (2) Non-Current Liabilities Long-term Borrowings | 90,000 | 1,50,000 | |
| (3) Current Liabilities Short-term Borrowings | 1,33,000 | 1,40,000 | |
| Total | 7,30,000 | 6,90,000 | |
| II. Assets: | |||
| (1) Non-Current Assets Property, Plant and Equipment and Intangible Assets | 6,00,000 | 4,00,000 | |
| (2) Current Assets: (a) Inventories (b) Cash and Cash Equivalents | 1,00,000 30,000 | 2,00,000 90,000 | |
| Total | 7,30,000 | 6,90,000 |
[Ans. Percentage change in Share Capital (6.25); Reserve & Surplus 20.00; Non Current Liabilities 66.67; Current Liabilities (5.00); Non Current Assets 50.00; Inventory (50.00); Cash and Cash Equivalents (66.67)]
Solution:-
Following is the list of solutions
| S.N | Solutions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
