From the following Balance Sheet, prepare Comparative Balance Sheet of Sun Ltd.:

Particulars Note
No. 31st March, 2019
(₹) 31st March, 2018
(₹)

I. EQUITY AND LIABILITIES
1. Shareholder's Funds

(a) Share Capital
3,50,000 3,00,000

2. Non-Current Liabilities

Long-term Borrowings
1,00,000 2,00,000

3. Current Liabilities :

Trade Payables
1,50,000 1,00,000

Total 6,00,000 6,00,000

II. ASSETS

1. Non-Current Assets

Fixed Assets (Tangible)
4,00,000 3,00,000

2. Current Assets

Trade Receivables

2,00,000

3,00,000

Total
6,00,000

6,00,000

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Solution

In the books of Sun 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. Share Capital

3,00,000

3,50,000

50,000

16.67

Shareholders’ Fund

3,00,000

3,50,000

50,000

16.67

2. Non-Current Liabilities

a. Long-term Borrowings

2,00,000

1,00,000

(1,00,000)

(50.00)

3. Current Liabilities

a. Trade Payables

1,00,000

1,50,000

50,000

50.00

Total

6,00,000

6,00,000

–

–

II. Assets

1. Non-Current Assets

a. Fixed Assets (Tangible)

3,00,000

4,00,000

1,00,000

33.33

2. Current Assets

a. Trade Receivables

3,00,000

2,00,000

(1,00,000)

(33.33)

Total

6,00,000

6,00,000

–

–

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Similar questions

Particulars	Note No.	31st March, 2019 (₹)	31st March, 2018 (₹)
I. EQUITY AND LIABILITIES 1. Shareholder's Funds
(a) Share Capital
Equity Share Capital		10,00,000	5,00,000
(b) Reserves and Surplus		1,00,000	1,00,000

2. Non-Current Liabilities
Long-term Borrowings		2,00,000	3,00,000

3. Current Liabilities
Trade Payables		2,00,000	1,00,000

Total		15,00,000	10,00,000

II. ASSETS
1. Non-Current Assets
(a) Fixed Assets:
(i) Tangible Assets		8,00,000	4,00,000
(ii) Intangible Assets		2,00,000	2,00,000
(b) Non-Current Investments		2,00,000	2,00,000

2. Current Assets
(a) Inventories		2,50,000	1,50,000
(b) Cash and Cash Equivalents		50,000	50,000
Total		15,00,000	10,00,000

Particulars	Note No.	31st March, 2019 (₹)	31st March, 2018 (₹)
I. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Share Capital:
(i) Equity Share Capital		12,50,000	5,00,000
(ii) Preference Share Capital		2,50,000	2,50,000
(b) Reserves and Surplus		3,00,000	4,50,000
2. Non-Current Liabilities
Long-term Borrowings: 12% Debentures		9,50,000	5,50,000
Loan from Directors		2,50,000	2,00,000
3. Current Liabilities
(a)Short-term Borrowings		3,50,000	1,75,000
(b) Trade Payables		2,00,000	1,00,000
(c) Short-term Provisions		50,000	25,000
Total		36,00,000	22,50,000
II. ASSETS
1. Non-Current Assets
(a) Fixed Assets (Tangible)		22,50,000	15,00,000
2. Current Assets
(a) Inventories		4,50,000	2,50,000
(b) Trade Receivables		8,00,000	4,50,000
(c) Cash and Cash Equivalents		1,00,000	50,000
Total		36,00,000	22,50,000


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

From the following Balance Sheet and information of Sun Ltd., prepare Cash Flow Statement:

Particulars ulars	Note No.	31st March, 2019 (₹)	31st March, 2018 (₹)
I. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Share Capital	1	7,00,000	6,00,000
(b) Reserves and Surplus	2	4,10,000	2,00,000
2. Non-Current Liabilities
Long-term Borrowings: 10% Debentures		3,00,000	2,00,000
3. Current Liabilities
(a) Trade Payables		1,40,000	60,000
Total Total Expenses		15,50,000	10,60,000
II. ASSETS
1. Non-Current Assets
(a) Fixed Assets−Tangible		7,00,000	6,00,000
(b) 10% Investments		2,00,000	1,00,000
2. Current Assets
(a) Current Investments		90,000	50,000
(b) Inventories		2,00,000	1,00,000
(c) Trade Receivables	3	2,80,000	1,90,000
(d) Cash and Cash Equivalents		80,000	20,000
Total		15,50,000	10,60,000

Notes to Accounts :
Particulars	31st March, 2019 (₹)	31st March, 2018 (₹)
1. Share Capital
Equity Share Capital	5,00,000	3,00,000
10% Preference Share Capital	2,00,000	3,00,000
	7,00,000	6,00,000
2. Reserves and Surplus
Securities Premium Reserve	10,000	...
Surplus i.e., Balance in Statement of Profit and Loss	4,00,000	2,00,000
	4,10,000	2,00,000
3. Trade Receivables
Sundry Debtors	3,00,000	2,00,000
Less: Provision for Doubtful Debts	20,000	10,000
	2,80,000	1,90,000

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Particulars	Note No.	31st March, 2019 (₹)	31st March, 2018 (₹)
I. EQUITY AND LIABILITIES 1. Shareholder's Funds
(a) Share Capital		3,50,000	3,00,000
2. Non-Current Liabilities
Long-term Borrowings		1,00,000	2,00,000
3. Current Liabilities :
Trade Payables		1,50,000	1,00,000
Total		6,00,000	6,00,000
II. ASSETS
1. Non-Current Assets
Fixed Assets (Tangible)		4,00,000	3,00,000
2. Current Assets
Trade Receivables		2,00,000	3,00,000
Total		6,00,000	6,00,000

In the books of Sun 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. Share Capital	3,00,000	3,50,000	50,000	16.67
Shareholders’ Fund	3,00,000	3,50,000	50,000	16.67
2. Non-Current Liabilities
a. Long-term Borrowings	2,00,000	1,00,000	(1,00,000)	(50.00)
3. Current Liabilities
a. Trade Payables	1,00,000	1,50,000	50,000	50.00
Total	6,00,000	6,00,000	–	–

II. Assets
1. Non-Current Assets
a. Fixed Assets (Tangible)	3,00,000	4,00,000	1,00,000	33.33
2. Current Assets
a. Trade Receivables	3,00,000	2,00,000	(1,00,000)	(33.33)
Total	6,00,000	6,00,000	–	–