Question - 12
Prepare comparative Balance sheet from the following informations:
2014
Equity share capital Rs. 2,50,000, Fixed Assets Rs. 3,00,000, Reserve and surplus Rs. 50,000, Investments Rs. 50,000, Long term Borrowings Rs. 1,50,000, Current Assets Rs. 1,50,000, Current Liabilities Rs. 50,000.
2015
Equity share capital Rs. 2,50,000, Fixed Assets Rs. 3,60,000, Reserve and surplus Rs. 60,000, Investments Rs. 50,000, Long term Borrowings Rs. 1,50,000, Current Assets Rs. 1,05,000, Current Liabilities Rs. 55,000.
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