Question - 10

Prepare comparative Balance Sheet of a company from the following informations:

31.12.2017

Equity and liabilities :- 

  1. Shareholders Fund: (Share capital Rs. 18,00,000, Reserveds and surplus Rs. 10,000)
  2. Non- current liabilities : (Long term Borrowings Rs. 50,000) = 1,30,000.
Assets :- 
  1. Non- Current Assets (Fixed Assets: Tangible Assets Rs.1,02,000)
  2. Current Assets:(a. Trade receivable Rs. 20,000, Cash and Cash Equivalents Rs. 8,000) = 1,30,000. 

31.12.2016

Equity and liabilities :- 

  1. Shareholders Fund: (Share capital Rs. 40,000,Reserveds and surplus Rs. 12,000)
  2. Non- current liabilities : (Long term Borrowings Rs. 50,000) = 1,02,000.
Assets :- 

  1. Non- Current Assets (Fixed Assets: Tangible Assets Rs. 80,000)
  2. Current Assets:(a. Trade receivable Rs. 10,000, Cash and Cash Equivalents Rs. 12,000) = 1,02,000. 

Note : please purchase the book for looking question.