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प्रश्न
Following is the Balance Sheet of Param Company Ltd. as on 31st March, 2019 and 31st March, 2020:
| Liabilities | 31.3.2019 (₹) |
31.3.2020 (₹) |
Assets | 31.3.2019 (₹) |
31.3.2020 (₹) |
| Share Capital | 2,50,000 | 3,70,000 | Fixed assets | 2,80,000 | 4,40,000 |
| Reserve and Surplus | 60,000 | 1,00,000 | Current Assets | 1,30,000 | 1,20,000 |
| Current Liabilities | 1,00,000 | 90,000 | |||
| 4,10,000 | 5,60,000 | 4,10,000 | 5,60,000 |
You are required to prepare Comparative Balance Sheet of Param Company Ltd. as on 31st March. 2019 and 31st March. 2020.
उत्तर
| Comparative Balance Sheet of Pa ram 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) Application of Funds | ||||
| (a) Fixed Assets | 2,80,000 | 4,40,000 | 1,60,000 | 57.14% Increase |
| (b) 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 |
| 30,000 | 30,000 | Nil | Nil | |
| Total Funds Applied | 3,10,000 | 4,70,000 | 1,60,000 | 51.61% Increase |
Working Notes:
Formula = `("Increase"//"Decrease")/"Base Year" xx 100`
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| Capital | 60,000 | 72,000 | Fixed Assets | 1,20,000 | 1,50,000 |
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| Current Liabilities | 20,000 | 36,000 | |||
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| Sales | 2,00,000 | 2,50,000. |
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| Office and Administrative Expenses | 4,000 | 6,000 |
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| 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 |
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| Unsecured Loons | 90,000 | 1,40,000 | |||
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| Capital | 1,48,000 | 1,49,000 | Stock | 25,000 | 22,000 |
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| Particulars | 2018 ₹ |
2019 ₹ |
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| Gross Profit ratio | 40% | 50% |
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50,000 | 40,000 |
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| Other Expenses | 5,000 | 5,000 |
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| Particulars | 31-3-2022 (₹) | 31-3-2023 (₹) |
| Sales | 80,000 | 1,20,000 |
| Less : Cost of Sales | 44,000 | 72,000 |
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| Share Capital | 1,00,000 | 1,25,000 | Cash | 15,000 | 23,500 |
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| Balance Sheet as on 31st March, 2022 and 31st March, 2023 | |||||
| Liabilities | 31-03-2022 (₹) | 31-03-2023 (₹) | Assets | 31-03-2022 (₹) | 31-03-2023 (₹) |
| Equity Share Capital | 1,60,000 | 2,00,000 | Land | 64,000 | 80,000 |
| 12% Preference Shares | 64,000 | 64,000 | Building | 48,000 | 72,000 |
| Reserves and Surplus | 80,000 | 1,12,000 | Plant and Machinery | 58,400 | 1,38,400 |
| 15% Debentures | 48,000 | 40,800 | Stock | 1,20,000 | 88,000 |
| Creditors | 40,000 | 64,000 | Debtors | 1,02,400 | 1,12,000 |
| Bills Payable | 8,000 | 4,800 | Bank | 27,200 | 29,600 |
| Provision for Taxation | 20,000 | 34,400 | |||
| 4,20,000 | 5,20,000 | 4,20,000 | 5,20,000 | ||
