Question

Following is the Balance Sheet of Radha Ltd. as at 31st March, 2019:

Particulars	Note No.	31st March, 2019, (₹)	31st March, 2018, (₹)
I. EQUITY AND LIABILITIES 1. Shareholders' Funds
(a) Share Capital		15,00,000	10,00,000
(b) Reserves and Surplus		10,00,000	10,00,000
2. Non-Current Liabilities
Long-term Borrowings		8,00,000	2,00,000
3. Current Liabilities
(a) Trade Payables		5,00,000	3,00,000
Total		38,00,000	25,00,000
II. ASSETS
1. Non-Current Assets
Fixed Assets:
(i) Tangible Assets		25,00,000	15,00,000
(ii) Intangible Assets		5,00,000	5,00,000
2. Current Assets
(a) Trade Receivables		6,00,000	3,50,000
(b) Cash and Cash Equivalents		2,00,000	1,50,000
Total		38,00,000	25,00,000

You are required to prepare Comparative Balance Sheet on the basis of the information given in the above Balance Sheet.

Answer 1

In the books of Radha Ltd. Comparative Balance Sheet as at March 31, 2018 and 2019
Particulars	2018 (₹)	2019 (₹)	Absolute Change (₹)	Percentage Change (%)
I. Equity and Liabilities
1. Shareholders’ Funds
a. Equity Share Capital	10,00,000	15,00,000	5,00,000	50.00
b. Reserve and Surplus	10,00,000	10,00,000	–	–
Shareholders’ Fund	20,00,000	25,00,000	5,00,000	25.00
2. Non-Current Liabilities
a. Long-term Borrowings	2,00,000	8,00,000	6,00,000	300.00
3. Current Liabilities	3,00,000	5,00,000	2,00,000	66.67
Total	25,00,000	38,00,000	13,00,000	52.00
II. Assets
1. Non-Current Assets
a. Fixed Assets (Tangible)	15,00,000	25,00,000	10,00,000	66.67
b. Intangible Assets	5,00,000	5,00,000	-	-
	20,00,000	30,00,000	10,00,000	50.00
2. Current Assets
a. Trade Receivables	3,50,000	6,00,000	2,50,000	71.43
b. Cash and Cash Equivalents	1,50,000	2,00,000	50,000	33.33
	5,00,000	8,00,000	3,00,000	60.00
Total	25,00,000	38,00,000	13,00,000	52.00