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प्रश्न
Following is the balance sheet of Varad Company Ltd as on 31.03.2019 and 31.03.2020 is given as below:
| Liabilities | 31.3.2019 (₹) |
31.3.2020 (₹) |
Assets | 31.3.2019 (₹) |
31.3.2020 (₹) |
| Share Capital | 2,50,000 | 3,70,000 | Fixed assets | 3,50,000 | 5,70,000 |
| Reserve and Surplus | 60,000 | 1,00,000 | Investment | 1,20,000 | 1,70,000 |
| Secured Loans | 1,00,000 | 1,60,000 | Current Assets | 1,30,000 | 1,20,000 |
| Unsecured Loons | 90,000 | 1,40,000 | |||
| Current Liabilities | 1,00,000 | 90,000 | |||
| 6,00,000 | 8,60,000 | 6,00,000 | 8,60,000 |
You are required to prepare Comparative Balance Sheet of Varad Company Ltd. as on 31.03.2019 & 31.03.2020.
उत्तर
| Comparative Balance Sheet of Varad Company Ltd. as on 31st March, 2019 and 31st March, 2020 |
||||
| Particulars | 31.3.2019 (₹) |
31.3.2020 (₹) |
Absolute change (₹) | Percentage change (%) |
| (I) Source of Funds | ||||
| (a) Share Capital | 2,50,000 | 3,70,000 | 1,20,000 | 48% Increase |
| (b) Reserves and Surplus | 60,000 | 1,00,000 | 40,000 | 66.67% Increase |
| Total Funds Available | 3,10,000 | 4,70,000 | 1,60,000 | 51.61% increase |
| (II) Borrowed Funds | ||||
| (a) Secured Loon | 1,00,000 | 1,60,000 | 60,000 | 60% increase |
| (b) Unsecured Loan | 90,000 | 1,40,000 | 50,000 | 55.55% increase |
| Total Borrowed Fund | 1,90,000 | 3,00,000 | 1,10,000 | 57.89% increase |
| Total Fund Available (A + B) | 5,00,000 | 7,70,000 | 2,70,000 | 54% Increase |
| Application of Funds | ||||
| (a) Fixed Assets | 3,50,000 | 5,70,000 | 2,20,000 | 62.86% Increase |
| (b) Investment | 1,20,000 | 1,70,000 | 50,000 | 41.67% Increase |
| (c) Working capital: | ||||
| Current Assets | 1,30,000 | 1,20,000 | (10,000) | (7.69%) Decrease |
| Less: Current liabilities | 1,00,000 | 90,000 | (10,000) | (10%) Decrease |
| Working Capital (Current Asset - Current Liabilities) | 30,000 | 30,000 | Nil | Nil |
| Total Funds Applied (a + b + c) | 5,00,000 | 7,70,000 | 2,70,000 | 54% Increase |
Working Notes:
`"Amount of Absolute Change"/"Amount of Previous Year" xx 100`
= `(1,20,000)/(2,50,000) xx 100`
= 48%
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