Question

From the following Balance Sheet of Depth Ltd. as at 31st March, 2019, prepare Comparative Balance Sheet:

Particulars	Note No.	31st March, 2019 (₹)	31st March, 2018 (₹)
I. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Share Capital		2,80,000	1,80,000
(b) Reserves and Surplus		1,00,000	1,00,000
2. Non-Current Liabilities
Long-term Borrowings		80,000	20,000
3. Current Liabilities
Trade Payables		50,000	30,000
Total		5,10,000	3,30,000
II. ASSETS
1. Non-Current Assets
(a) Fixed Assets:
(i) Tangible Assets		2,80,000	1,80,000
(ii) Intangible Assets		50,000	30,000
(b) Non-Current Investments		80,000	50,000
2. Current Assets
(a) Inventories		70,000	30,000
(b) Cash and Cash Equivalents		30,000	40,000
Total		5,10,000	3,30,000

Answer 1

Comparative Balance Sheet of Depth Ltd. as at March 31, 2017 and March 31, 2018
Particulars	2018 (Rs)	2017 (Rs)	Absolute Change (Rs)	Percentage Change (%)
I. Equity and Liabilities
1. Shareholders’ Funds
a. Share Capital	2,80,000	1,80,000	1,00,000	55.56
b. Reserve and Surplus	1,00,000	1,00,000	–	–
Total	3,80,000	2,80,000	1,00,000	35.71
2. Non-Current Liabilities
Long-term Borrowings	80,000	20,000	60,000	300.00
3. Current Liabilities
Trade Payables	50,000	30,000	20,000	66.67
Total	5,10,000	3,30,000	1,80,000	54.55
II. Assets
1. Non-Current Assets
a. Fixed Assets
i. Tangible Assets	2,80,000	1,80,000	1,00,000	55.56
ii. Intangible Assets	50,000	30,000	20,000	66.67
b. Non-Current Investments	80,000	50,000	30,000	60.00
Total	4,10,000	2,60,000	1,50,000	57.69
2. Current Assets
a. Inventories	70,000	30,000	40,000	133.33
b. Cash and Cash Equivalents	30,000	40,000	(10,000)	(25.00)
	1,00,000	70,000	30,000	42.86
Total	5,10,000	3,30,000	1,80,000	54.55