Tools F
or Financial Statement Analysis
comparative &
Common size Statement
TS Solutions
|
Comparative
Statement of Profit & Loss (Income Statement) COMMON SIZE
STATEMENT OF PROFIT & LOSS (INCOME STATEMENT) |
Comparative Balance Sheet
Question
1: From the following information, prepare Comparative
Balance Sheet of Sunrise ta.
|
Particulars |
31st March, |
31st March, |
|
Shareholders’ Funds |
15,00,000 |
22,50,000 |
|
Non-current Liabilities |
7,50,000 |
7,50,000 |
|
Current Liabilities |
2,50,000 |
7,50,000 |
|
Non-current Assets |
17,50,000 |
26,25,000 |
|
Current Assets |
7,50,000 |
11,25,000 |
Answer:
Comparative
Balance sheet as at 31" March, 2021
|
Note No. |
31st March, 2020 (₹ ) |
31st March, 2021 ₹ (₹ ) |
Absolute Change (Increase/Decrease)(₹) |
Percentage Change (Increase/Decrease)(%) |
|
|
(A) |
(B) |
(C = A-B) |
(D = C/A×100)<
/b> |
||
|
I. Equity and Liabilities        1. Sharehold
unds 2. Non-current Current 3. Current liabilities |
|
15,00,000 7,50,000 2,50,000 |
22,50,000 7,50,000 7,50,000 |
7,50,000 – 5,00,000 |
50.00 200.00 |
|
Total |
|
25,00,000 |
37,50,000 |
12,50,000 |
50 |
|
II. Assets 1. Non-current Assets 2. Current Assets |
|
7,50,000 |
11,25,000 |
3,75,000 |
50.00 |
|
Total |
|
25,00,000 |
37,50,000 |
12,50,000 |
50 |
Question
2: From the following Balance Sheet, prepare Comparative Balance
Sheet of Sun Ltd:
|
Balance
Sheet of SUN Ltd. As At
31St March 2022 |
|||
|
Particulars |
Note |
31st March, 2022 ( ₹) |
31st March, 2021 ( ₹) |
|
I. EQUITY AND LIABILITIES 1. Shareholder’s
Funds (a) Share Capital 2. Non-Current Liabilities Long-term Borrowings 3. Current Liabilities : Trade Payables |
|
1,00,000 1,50,000 |
2,00,000 1,00,000 |
|
Total |
|
6,00,000 |
6,00,000 |
|
II. ASSETS 1. Non-Current Assets Fixed Assets (Tangible) 2. Current Assets Trade Receivables |
|
4,00,000 2,00,000 |
3,00,000 3,00,000 |
|
Total |
|
6,00,000 |
6,00,000 |
Solution-:
|
In the
books of Sun Ltd. Comparative
Balance Sheet as at March 31, 2021 and 2022 |
||||
|
Particulars |
2021 ( ₹ ) |
2022 ( ₹ ) |
Absolute Change ( ₹ ) |
Percentage Change (%) |
|
I. Equity and Liabilities 1. ShareholdersÂ’ Funds a. Share Capital ShareholdersÂ’ Fund 2. Non-Current Liabilities a. Long-term Borrowings 3. Current Liabilities a. Trade Payables |
3,00,000 3,00,000 2,00,000 1,00,000 |
3,50,000 3,50,000 1,00,000 1,50,000 |
50,000 50,000 (1,00,000) 50,000 |
16.67 16.67 (50.00) 50.00 |
|
Total |
6,00,000 |
6,00,000 |
– |
– |
|
II. Assets 1. Non-Current Assets a. Fixed Assets (Tangible) 2. Current Assets a. Trade Receivables |
3,00,000 3,00,000 |
4,00,000 2,00,000 |
1,00,000 (1,00,000) |
33.33 (33.33) |
|
Total |
6,00,000 |
6,00,000 |
– |
– |
Question
-3: Following is the Balance Shect
of Radha Ltd. as at 31st March, 2022:
|
Balance
Sheet of Radha Ltd. As At
31St March 2022 |
|||
|
|
Note |
31st March,
2021 (₹) |
31st March,
2022 (₹) |
|
I. EQUITY AND LIABILITIES 1. Shareholders’ Funds (a) Share Capital (b) Reserves and Surplus 2. Non-Current Liabilities Long Term Borrowings 3. Current Liabilities (a) Trade Payables |
|
10,00,000
|
10,00,000
|
|
Total |
38,00,000 |
25,00,000 |
|
|
II. ASSETS 1. Non-Current Assets Fixed Asscts: (i) Tangible Assets (ii) Intangible Assets 2. Current Assets (a) Trade Receivables (b) Cash and Cash Equivalents |
5,00,000
2,00,000 |
5,00,tJ J0
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:
|
In the
books of Radha Ltd. Comparative
Balance Sheet as at March 31, 2021 and 2022 |
||||
|
Particulars |
2021 ( ₹Â ) |
2022 ( ₹Â ) |
Absolute Change ( ₹Â ) |
Percentage Change (%) |
|
I. Equity and Liabilities 1. ShareholdersÂ’ Funds a. Equity Share Capital b. Reserve and Surplus ShareholdersÂ’ Fund 2. Non-Current Liabilities a. Long-term Borrowings 3. Current Liabilities |
10,00,000 10,00,000 20,00,000 2,00,000 3,00,000 |
15,00,000 10,00,000 25,00,000 8,00,000 5,00,000 |
5,00,000 – 5,00,000 6,00,000 2,00,000 |
50.00 – 25.00 300.00 66.67 |
|
Total |
25,00,000 |
38,00,000 |
13,00,000 |
52.00 |
|
II. Assets     1. Non-Current Assets a. Fixed Assets (Tangible) b. Intangible Assets |
15,00,000 5,00,000 |
25,00,000 5,00,000 |
10,00,000 – |
66.67 – |
|
|
20,00,000 |
30,00,000 |
10,00,000 |
50.00 |
|
2. Current Assets a. Trade Receivables b. Cash and Cash Equivalents |
3,50,000 1,50,000 |
6,00,000 2,00,000 |
2,50,000 50,000 |
71.43 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 |
Question 4: Balance
Sheet of Blue Bell Ltd. as at 31st March, 2022 is
given below:
|
BALANCE
SHEET of  BLUE BELL Ltd.
/b> |
|||
|
Particulars |
Note |
31st March, 2022 ( ₹Â ) |
31st March, 2021 ( ₹Â ) |
|
I. EQUITY AND
LIABILITIES 1. Shareholder’s
Funds (a) Share Capital (b) Reserves and Surplus 2. Non-Current Liabilities Long-term Borrowings 3. Current Liabilities Trade Payables |
|
1,00,000 6,96,000 2,98,000 |
1,00,000 4,38,000 78,000 |
|
Total |
|
14,20,000 |
8,60,000 |
|
II. ASSETS 1. Non-Current Assets (a) Fixed Assets (b) Non-Current Investments 2. Current Assets (a) Trade Receivables (b) Cash and Cash Equivalents |
|
5,68,000 6,000 6,46,000 2,00,000 |
4,30,000 4,000 3,76,000 50,000 |
|
Total |
|
14,20,000 |
8,60,000 |
Prepare
Comparative Balance Sheet showing percentage changes from 2021 to 2022.
Solution-:
|
In the
books of Blue Bell Ltd. Comparative
Balance Sheet as at March 31, 2021 and 2022 |
||||
|
Particulars |
2021 ( ₹Â ) |
2022 |
Absolute Change ( ₹Â ) |
Percentage Change (%) |
|
I. Equity and Liabilities 1. ShareholdersÂ’ Funds a. Equity Share Capital b. Reserves and Surplus Shareholder’s Funds     2. Non-Current Liabiliti
/b> a. Long-term Borrowings 3. Current Liabilities |
2,44,000 1,00,000 3,44,000 4,38,000 78,000 |
3,26,000 1,00,000 4,26,000 6,96,000 2,98,000 |
82,000 – 82,000 2,58,000 2,20,000 |
33.61 – 23.84 58.90 282.05 |
|
Total |
8,60,000 |
14,20,000 |
5,60,000 |
65.12 |
|
II. Assets 1. Non-Current
Assets a. Fixed Assets (Tangible) b. Non-Current Investments |
4,30,000 4,000 |
5,68,000 6,000 |
1,38,000 2,000 |
32.09 50.00 |
|
|
4,34,000 |
5,74,000 |
1,40,000 |
32.26 |
|
2. Current Assets
a. Trade Receivables
b. Cash and Cash Equivalents |
3,76,000 50,000 |
6,46,000 2,00,000 |
2,70,000 1,50,000 |
71.81 300.00 |
|
|
4,26,000 |
8,46,000 |
4,20,000 |
98.59 |
|
Total |
8,60,000 |
14,20,000 |
5,60,000 |
65.12 |
Question
5: From the Following Balance Sheet of Royal Industries
Ltd. as at 31st March, 2022,
prepare
Comparative Balance Sheet:
|
BALANCE
SHEETÂ of Royal
Industries Ltd. |
|||
|
Particulars |
Note No. |
31st March, 2022 ( ₹Â ) |
31st March, 2021 ( ₹Â ) |
|
I. EQUITY AND LIABILITIES 1. Shareholder’s
Funds (a) Share Capital Equity Share Capital (b) Reserves and Surplus 2. Non-Current Liabilities Long-term Borrowings 3. Current Liabilities Trade Payables |
|
1,00,000 2,00,000 2,00,000 |
1,00,000 3,00,000 1,00,000 |
|
Total |
|
15,00,000 |
10,00,000 |
|
|
|
|
|
|
II. ASSETS 1. Non-Current Assets (a) Fixed Assets: (i) Tangible Assets (ii) Intangible Assets (b) Non-Current Investments 2. Current Assets (a) Inventories (b) Cash and Cash Equivalents |
|
8,00,000 2,00,000 2,00,000 2,50,000 50,000 |
4,00,000 2,00,000 2,00,000 1,50,000 50,000 |
|
Total |
|
15,00,000 |
10,00,000 |
Answer:
|
In the
books of Royal Industries Ltd. Comparative
Balance Sheet as at March 31, 2021 and 2022 |
||||
|
Particulars |
2021 ( ₹Â ) |
2022 ( ₹Â ) |
Absolute Change ( ₹Â ) |
Percentage Change (%) |
|
I. Equity and Liabilities 1. Shareholders’ Funds a. Equity Share Capital b. Reserve and Surplus Shareholders’ Fund 2. Non-Current Liabilities      a. Long-term Bor
ngs 3. Current Liabilities a. Trade Payables |
5,00,000 1,00,000 6,00,000 3,00,000 1,00,000 |
10,00,000 1,00,000 11,00,000 2,00,000 2,00,000 |
5,00,000 – 5,00,000 (1,00,000) 1,00,000 |
100.00 – 83.33 (33.33) 100.00 |
|
Total |
10,00,000 |
15,00,000 |
5,00,000 |
50.00 |
|
II. Assets 1. Non-Current
Assets a. Fixed Assets (Tangible) b. Intangible Assets c. Non-Current Investments 2. Current Assets      a. Inventories
style=’font-size:12.0pt;font-family:Poppins’> Â Â Â Â Â Â b. Cash and Cash Equivalent
an> |
4,00,000 2,00,000 2,00,000 1,50,000 50,000 |
8,00,000 2,00,000 2,00,000 2,50,000 50,000 |
4,00,000 – – 1,00,000 |
100.00 – – 66.67 |
|
|
2,00,000 |
3,00,000 |
1,00,000 |
50.00 |
|
Total |
10,00,000 |
15,00,000 |
5,00,000 |
50.00 |
Question
6: Following is the summarised
Balance Sheet of Wye Ltd.
as
at 31st March, 2022:
|
BALANCE
SHEETÂ of Wye Ltd. |
|||
|
Particulars |
Note No. |
31st March, |
31st March, |
|
I. EQUITY AND LIABILITIES 1. Shareholders’ Funds (a) Share Capital: Â Â Â Â Â Â (i)
Equity Share Capital       (ii) Preferenc
re
Capital (b) Reserves and Surplus 2. Non-Current Liabilities (a) Long-term Borrowings (b) Long-term Provisions 3. Current Liabilities (a) Trade Payables (Creditors) (b) Short-term Provisions |
1. |
4,00,000 1,00,000 1,20,000 4,50,000 50,000 5,30,000 50,000 |
4,00,000 1,00,000 1,10,000 4,50,000 1,00,000 3,30,000 50,000 |
|
Total |
|
17,00,000 |
15,40,000 |
|
II. ASSETS 1. Non-Current Assets (a) Fixed Assets (Tangible) (b) Non-Current Investments 2. Current Assets (a) Trade Receivables (b) Cash and Cash Equivalents |
2 |
9,90,000 1,00,000 5,00,000 1,10,000 |
10,40,000 1,00,000 3,00,000 1,00,000 |
|
Total |
|
17,00,000 |
15,40,000 |
Notes to Accounts
|
Particulars |
31st March, |
31st March, |
|
I. Long-term Borrowings Bank Loan 8% Debentures |
3,50,000 1,00,000 |
4,50,000 … |
|
|
4,50,000 |
4,50,000 |
|
2. Cash and Cash Equivalents Bank Balance Cash in Hand |
1,00,000 10,000 |
90,000 10,000 |
|
|
1,10,000 |
1,00,000 |
You are required to comment upon the changes in absolute figures from one
period to
 another.< o:p>
Answer:
|
In the
books of Wye Ltd. Comparative
Balance Sheet as at March 31, 2021 and 2022 |
||||
|
Particulars |
2021 ( ₹ ) |
2022 ( ₹ ) |
Absolute Change ( ₹ ) |
Comments |
|
I. Equity and
Liabilities 1. ShareholdersÂ’ Funds a. Equity
Share Capital    b. Preference Share Capital ii. Reserve and Surplus Shareholders’ Fund 2. Non-Current Liabilities a. Long-term Borrowings Bank Loan 8% Debentures
b. Long-Term Provision 3. Current Liabilities a.
Trade Payables b.
Short-Term Provisions |
4,00,000 1,00,000 1,10,000 6,10,000 4,50,000 – 1,00,000 3,30,000 50,000 |
4,00,000 1,00,000 1,20,000 6,20,000 3,50,000 1,00,000 50,000 5,30,000 50,000 |
– – 10,000 10,000 1,00,000 1,00,000 50,000 2,00,000 – |
No Change No Change Increase Decrease Increase Decrease Increase No Change |
|
Total |
15,40,000 |
17,00,000 |
1,60,000 |
|
|
II. Assets      1. Non-Current Assets
a. Fixed Assets (Tangible)
b. Non-Current Investments      2. Current Assets
an> a. Trade Receivables b. Cash and Cash Equivalents |
10,40,000 1,00,000 3,00,000 1,00,000 |
9,90,000 1,00,000 5,00,000 1,10,000 |
50,000 – 2,00,000 10,000 |
Decrease No Change Increase Increase |
|
Total |
15,40,000 |
17,00,000 |
1,60,000 |
|
Question 7: From the
following Balance Sheet of H.P. Ltd. as at 31st March,
2022, prepare
Comparative
Balance Sheet:
|
BALANCE
SHEETÂ of H.P.
Ltd. |
|||
|
Particulars |
Note No. |
31st March, 2022 ( ₹
) |
31st March, 2021 ( ₹
) |
|
I. EQUITY AND LIABILITIES 1. Shareholders’ Funds (a) Share Capital: Â Â Â Â Â Â Â Â (i)
Equity Share Capital         (ii) Prefe
hare
Capital (b) Reserves and Surplus 2. Non-Current Liabilities Long-term Borrowings: 12% Debentures Loan from Directors 3. Current Liabilities (a)Short-term Borrowings (b) Trade Payables (c) Short-term Provisions |
|
12,50,000 2,50,000 3,00,000 9,50,000 2,50,000 2,00,000 50,000 |
5,00,000 2,50,000 4,50,000 5,50,000 2,00,000 1,00,000 25,000 |
|
Total |
|
36,00,000 |
22,50,000 |
|
II. ASSETS 1. Non-Current Assets (a) Fixed Assets (Tangible) 2. Current Assets (a) Inventories (b) Trade Receivables (c) Cash and Cash Equivalents |
|
22,50,000 4,50,000 8,00,000 1,00,000 |
15,00,000 2,50,000 4,50,000 50,000 |
|
Total |
|
36,00,000 |
22,50,000 |
Answer:
|
Comparative
Balance Sheet of H.P. Ltd. as at
March 31, 2021 and March 31, 2022 |
||||
|
Particulars |
2021 |
2022 |
Absolute |
Percentage |
|
I. Equity and Liabilities     1. Shareholders’ Funds
a. Share Capital     1. Equity Share Ca
al     2. Preference Shar
apital |
12,50,000 2,50,000 |
5,00,000 2,50,000 |
7,50,000 – |
150.00 – |
|
Total |
15,00,000 |
7,50,000 |
7,50,000 |
100.00 |
|
b. Reserve and Surplus |
3,00,000 |
4,50,000 |
(1,50,000) |
(33.33) |
|
|
18,00,000 |
12,00,000 |
6,00,000 |
50.00 |
|
2. Non-Current
Liabilities a. Long-term Borrowings 12% Secured Debentures 12% Unsecured Debentures |
9,50,000 2,50,000 |
5,50,000 2,00,000 |
4,00,000 50,000 |
72.73 25.00 |
|
|
12,00,000 |
7,50,000 |
4,50,000 |
60.00 |
|
3. Current
Liabilities a. Short-Term Borrowings b. Trade Payables c. Short-Term Provisions |
3,50,000 2,00,000 50,000 |
1,75,000 1,00,000 25,000 |
1,75,000 1,00,000 25,000 |
100.0 100.00 100.00 |
|
Total |
36,00,000 |
22,50,000 |
13,50,000 |
60.00 |
|
II. Assets     1. Non-Current Assets a. Fixed Assets (Tangible)    2. Current Assets a. Inventories b. Trade Receivables c. Cash and Cash Equivalents |
22,50,000 4,50,000 8,00,000 1,00,000 |
15,00,000 2,50,000 4,50,000 50,000 |
7,50,000 2,00,000 3,50,000 50,000 |
50.00 80.00 77.78 100.00 |
|
Total |
36,00,000 |
22,50,000 |
13,50,000 |
60.00 |
Comparative Statement of Profit & Loss (Income
Statement)
Question 8: Prepare Comparative
Statement of Profit and Loss from the following
information:
|
Particulars |
31st March, 2021 (₹) |
31st
March, 2020 Â (<
b>₹) |
|
Revenue from Operations |
30,00,000 |
20,00,000 |
|
Other Income |
3,60,000 |
4,00,000 |
|
Expenses |
21,00,000 |
12,00,000 |
|
Particulars |
Note
No. |
31st
March, 2020 |
31st
March, 2021 |
Absolute
Change |
Percentage
|
|
Revenue from Operations |
|
30,00,000 |
20,00,000 |
10,00,000 |
50.00 |
|
Total Revenue (I+II) |
|
33,60,000 |
24,00,000 |
9,60,000 |
40.00 |
|
Expenses |
|
21,00,000 |
12,00,000 |
9,00,000 |
75.00 |
|
Profit before Tax |
|
12,60,000 |
12,00,000 |
60,000 |
5.00 |
Question
9: From the following Statement of Profit and Loss of
Skills India Ltd. for the year
 ended 31st March,
2021 and 2022, prepare a Comparative Statement of Profit and Loss:
|
Particulars |
31st March, 2022 (₹) |
31st March, 2021 (₹) |
|
Revenue from Operations |
45,00,000 |
20,00,000 |
|
Employee Benefit Expenses |
10,00,000 |
8,00,000 |
|
Other Expenses |
5,00,000 |
2,00,000 |
|
Tax Rate 30% |
||
Answer:
|
|
Note No. |
31st March, 2021 (₹ ) |
31st March, 2022(₹ ) |
Absolute Change Decrease)(₹ ) |
Percentage Change
(Increase/ Decrease)(%) |
|
Revenue from Operations |
|
20,00,000 |
45,00,000 |
25,00,000 |
125 |
|
Employee Benefit Expenses Other Expenses |
|
8,00,000 2,00,000 |
10,00,000 5,00,000 |
2,00,000 3,00,000 |
25 150 |
|
Total Expenses |
|
10,00,000 |
15,00,000 |
5,00,000 |
50 |
|
Profit before Tax |
|
10,00,000 |
30,00,000 |
20,00,000 |
200 |
|
Less: Tax 30% |
|
3,00,000 |
9,00,000 |
6,00,000 |
200 |
|
Profit after Tax |
|
7,00,000 |
21,00,000 |
14,00,000 |
200 |
Question
10:Â Followin
information is extracted from the Statement of Profit and Loss of
 Gold Coin Ltd. for the year ended 31st <
span
class=GramE>March, 2015:
|
Particulars |
31st March, 2015 |
31st March, 2014 |
|
Revenue from Operations |
60,00,000 |
45,00,000 |
|
Employee Benefit Expenses |
30,00,000 |
22,50,000 |
|
Depreciation |
7,50,000 |
6,00,000 |
|
Other Expenses |
15,50,000 |
10,00,000 |
|
Tax Rate |
30% |
30% |
Answer:
|
Comparative
Income Statement for the
year ended March 31, 2014 and 2015 |
||||
|
Particulars |
2014 (Rs) |
2015 (Rs) |
Absolute Change (Rs) |
Percentage Change (%) |
|
|
(A) |
(B) |
(C
= A-B) |
(D
= C/A×100) |
|
I. Revenue from Operations |
45,00,000 |
60,00,000 |
15,00,000 |
33.33 |
|
II. Expenses |
|
|
|
|
|
a. Depreciation |
6,00,000 |
7,50,000 |
1,50,000 |
25.0 |
|
b. Employees Benefit
Expenses |
22,50,000 |
30,00,000 |
7,50,000 |
33.33 |
|
c. Other Expenses |
10,00,000 |
15,50,000 |
5,50,000 |
55.0 |
|
|
38,50,000 |
53,00,000 |
14,50,000 |
37.66 |
|
Profit before Income Tax |
6,50,000 |
7,00,000 |
50,000 |
7.69 |
|
Less: Income Tax |
1,95,000 |
2,10,000 |
15,000 |
7.69 |
|
Profit after Income Tax |
4,55,000 |
4,90,000 |
35,000 |
7.69 |
Question 11: Prepare comparative Statement of Profit and Loss from
following:
|
Particulars |
2019 |
2020 |
|
Revenue from Operations |
20,00,000 |
25,00,000 |
|
Cost of material consumed |
10,00,00o |
13,00,000 |
|
Other Expenses |
Nil |
1,20,000 |
|
Tax rate |
50% |
50% |
(CBSE
Sample paper 2020)
Solution-:
|
Comparative
Income Statement for the
year ended March 31, 2014 and 2020 |
|||||
|
|
Note No. |
31st March, 2019 (₹ ) |
31st March, 2020 (₹
) |
Absolute Change (Increase/ Decrease) (₹ ) |
Percentage Change (Increase/ Decrease) (%) |
|
|
|
(A) |
(B) |
(C = A-B) |
(D = C/A×100) |
|
Revenue
from Operations |
|
20,00,000 |
25,00,000 |
5,00,000 |
25 |
|
Cost
of material consumed |
|
10,00,00o |
13,00,000 |
3,00,000 |
30 |
|
Other
expenses |
|
– |
1,20,000 |
1,20,000 |
– |
|
Total
Expenses |
|
10,00,000 |
14,20,000 |
4,20,000 |
42 |
|
Profit
before Tax |
|
10,00,000 |
10,80,000 |
80,000 |
8 |
|
Less: Tax
50% |
|
5,00,000 |
5,40,000 |
40,000 |
8 |
|
Profit
after Tax |
|
5,00,000 |
5,40,000 |
40,000 |
8 |
Question 12: Prepare a Comparative
Income Statement of Bikul Ltd. with the
help of
the
following information:
|
Particulars |
2016-17 (₹
) |
2017-18 (₹
) |
|
Revenue from Operations |
10,00,000 |
16,00,000 |
|
Cost of Materials Consumed |
5,00,000 |
10,00,000 |
|
Employee Benefit Expenses |
80,000 |
40,000 |
|
Other Indirect Expenses |
60,000 |
80,000 |
|
Tax Rate 40% | ||
Solution-:
|
Comparative
Income Statement for the
year ended March 31, 2014 and 2018 |
|||||
|
|
Note No. |
31st March, 2017 (₹ ) |
31st March, 2018 (₹
) |
Absolute Change (Increase/ Decrease) (₹ ) |
Percentage Change (Increase/ Decrease) (%) |
|
|
|
(A) |
(B) |
(C = A-B) |
(D = C/A×100) |
|
Revenue
from Operations |
|
10,00,000 |
16,00,000 |
6,00,000 |
60.00 |
|
Expenses Cost
of Materials Consumed Employee
Benefit Expenses Other
Indirect Expenses |
|
5,00,000 80,000 60,000 |
10,00,000 40,000 80,000 |
5,00,000 (40,000) 20,000 |
100.00 (50.00) 33.33 |
|
Total Expenses |
|
6,40,000 |
11,20,000 |
4,80,000 |
75.00 |
|
Profit before Tax |
|
3,60,000 |
4,80,000 |
1,20,000 |
33.33 |
|
Less: Tax
40% |
|
1,44,000 |
1,92,000 |
48,000 |
33.33 |
|
Profit after Tax |
|
2,16,000 |
2,88,000 |
72,000 |
33.33 |
Question 13: Prepare
Comparative Statement of Profit and Loss from the following information:
|
Particulars |
31st March, 2022 |
31st March, 2021 |
|
Revenue from Operations |
₹ 37,50,000 |
₹ 25,00,000 |
|
Other Income |
₹ 4,50,000 |
₹ 5,00,000 |
|
Cost of Materials Consumed |
₹ 22,50,000 |
₹ 12,50,000 |
|
Other Expenses |
₹ 3,75,000 |
₹ 2,50,000 |
|
Tax Rate |
50% |
50% |
Answer:
|
Comparative
Income Statement for the year ended March 31, 2021 and
2022 |
||||
|
Particulars |
March 31, 2021 ( ₹ ) |
March 31, 2022 ( ₹ ) |
Absolute Change ( ₹ ) |
Percentage Change (%) |
|
I. Revenue from operations |
25,00,000 |
37,50,000 |
12,50,000 |
50.00 |
|
II. Other Income |
5,00,000 |
4,50,000 |
(50,000) |
(10.00) |
|
III. Total Revenue (I + II) |
30,00,000 |
42,00,000 |
12,00,000 |
40.00 |
|
IV. Expenses a. Cost of Materials
Consumed b. Other Expenses |
12,50,000 2,50,000 |
22,50,000 3,75,000 |
10,00,000 1,25,000 |
80.00 50.00 |
|
|
15,00,000 |
26,25,000 |
11,25,000 |
75.00 |
|
|
|
|
|
|
|
Profit before Income Tax |
15,00,000 |
15,75,000 |
75,000 |
5.00 |
|
Less: Income Tax @ 50% |
7,50,000 |
7,87,500 |
37,500 |
5.00 |
|
Profit after Income Tax |
7,50,000 |
7,87,500 |
37,500 |
5.00 |
Question 14: Prepare a
Comparative Statement of Profit and Loss from the information
extracted
from the Statement of Profit and Loss for the year ended 31st March, 2017 and 2018.
|
Particulars |
2017-18 (₹ ) |
2016-17 (₹ ) |
|
Revenue from Operations |
15,00,000 |
10,00,000 |
|
Other Income (% of Revenue from Operations) |
60% |
50% |
|
Employee Benefit Expenses (% of total revenue) |
40% |
30% |
|
Tax Rate |
40% |
40% |
Solution-:
|
Comparative
Income Statement for the
year ended March 31, 2014 and 2018 |
|||||
|
|
Note No. |
31st March, 2017 (₹ ) |
31st March, 2018 (₹
) |
Absolute Change (Increase/ Decrease) (₹ ) |
Percentage Change (Increase/ Decrease) (%) |
|
|
|
(A) |
(B) |
(C = A-B) |
(D = C/A×100) |
|
Revenue from Operations |
|
10,00,000 |
15,00,000 |
5,00,000 |
50.00 |
|
Other Income (% of Revenue from
Operations) |
|
5,00,000 |
9,00,000 |
4,00,000 |
80.00 |
|
Total Revenue |
|
15,00,000 |
24,00,000 |
9,00,000 |
60.00 |
|
Employee Benefit Expenses (% of total revenue) |
|
4,50,000 |
9,60,000 |
5,10,000 |
113.33 |
|
Profit before Tax |
|
10,50,000 |
14,40,000 |
3,90,000 |
37.14 |
|
Less: Tax 40% |
|
4,20,000 |
5,76,000 |
1,56,000 |
37.14 |
|
Profit after Tax |
|
6,30,000 |
8,64,000 |
2,34,000 |
37.14 |
Question
15: From the following particulars obtained from the books
of Mark, prepare a
Comparative
Statement of Profit and Loss:
|
Particulars |
31st March,
2018 (₹) |
31st March,
2017 (₹) |
|
Revenue from Operations |
50,00,000 |
40,00,000 |
|
Purchase of Stock-in-Trade |
40,00,000 |
30,00,000 |
|
Changes in Inventory |
10,00,000 |
8,00,000 |
|
Other Expenses |
5,00,000 |
4,00,000 |
|
Other Incomes |
2,50,000 |
2,00,000 |
Solution-:
|
Comparative
Income Statement for the
year ended March 31, 2014 and 2018 |
|||||
|
|
Note No. |
31st March, 2017 (₹ ) |
31st March, 2018 (₹
) |
Absolute Change (Increase/ Decrease) (₹ ) |
Percentage Change (Increase/ Decrease) (%) |
|
|
|
(A) |
(B) |
(C = A-B) |
(D = C/A×100) |
|
Revenue from Operations |
|
40,00,000 |
50,00,000 |
10,00,000 |
25 |
|
Other Incomes |
|
2,00,000 |
2,50,000 |
50,000 |
25 |
|
Total Revenue |
|
42,00,000 |
52,50,000 |
10,50,000 |
25 |
|
Expenses |
|
|
|
|
|
|
Purchase of Stock-in-Trade |
|
30,00,000 |
40,00,000 |
10,00,000 |
33.3 |
|
Changes in Inventory |
|
8,00,000 |
10,00,000 |
2,00,000 |
25 |
|
Other Expenses |
|
4,00,000 |
5,00,000 |
13,00,000 |
25 |
|
Total Expenses |
|
42,00,000 |
55,00,000 |
13,00,000 |
30.95 |
|
Profit before Tax |
|
. . . |
(2,50,000) |
(2,50,000) |
Â… |
|
Less: Tax Â
% |
|
. . . |
. . . |
. . . |
Â… |
|
Profit after Tax |
|
42,00,000 |
55,00,000 |
13,00,000 |
30.95 |
Question 16: From the following
information, prepare Comparative Statement of Profit and Loss:
|
|
31st March, 2022 (₹ ) |
31st March, 2021(₹ ) |
|
Revenue from Operations |
20,00,000 |
16,00,000 |
|
Other Income |
4,40,000 |
3,00,000 |
|
Cost of Materials Consumed |
8,00,000 |
6,00,000 |
|
Changes in Inventories of Finished Goods and
Work-in-Progress |
4,00,000 |
2,00,000 |
|
Other Expenses (% of Cost of Revenue from
Operations) |
15% |
10% |
|
Tax Rate |
30% |
30% |
Solution-:
|
Comparative
Income Statement for the
year ended March 31, 2014 and 2018 |
|||||
|
|
Note No. |
31st March, 2017 (₹ ) |
31st March, 2018 (₹
) |
Absolute Change (Increase/ Decrease) (₹ ) |
Percentage Change (Increase/ Decrease) (%) |
|
|
|
(A) |
(B) |
(C = A-B) |
(D = C/A×100) |
|
Revenue from Operations |
|
16,00,000 |
20,00,000 |
4,00,000 |
25 |
|
Other Incomes |
|
3,00,000 |
4,40,000 |
1,40,000 |
46.67 |
|
Total Revenue |
|
19,00,000 |
24,40,000 |
5,40,000 |
|
|
Expenses Cost of Materials Consumed Changes in Inventories of Finished Goods and
Work-in-Progress Other Expenses (% of Cost of Revenue from Operations) |
|
80,000 |
1,80,000 |
1,00,000 |
125 |
|
Total Expenses |
|
8,80,000 |
13,80,000 |
5,00,000 |
56.82 |
|
Profit before Tax |
|
10,20,000 |
10,60,000 |
40,000 |
3.92 |
|
Less: Tax
30% |
|
3,06,000 |
3,18,000 |
12,000 |
3.92 |
|
Profit after Tax |
|
7,14,000 |
7,42,000 |
28,000 |
3.92 |
|
Revenue from Operations |
|
16,00,000 |
20,00,000 |
4,00,000 |
25 |
Working Note:
Calculation
of cost of material Consumed and Other Expenses
|
Items |
2021 |
2022 |
|
Cost of Materials Consumed |
6,00,000 |
8,00,000 |
|
Changes in Inventories of Finished Goods and
Work-in-Progress |
2,00,000 |
4,00,000 |
|
Cost of Revenue from Operations |
8,00,000 |
12,00,000 |
|
Other Expenses (2020: 10% and 2021:15% of Cost of Revenue
from Operations) |
80,000 |
1,80,000 |
Question 17: Prepare
Comparative Statement of Profit and Loss from the following Statement
of Profit
and Loss:
|
Particulars |
Note No. |
31st March, 2022 ( ₹
) |
31st March, 2021 ( ₹
) |
|
I. Income |
|
|
|
|
Revenue from Operations (Net Sales) |
|
3,50,000 |
3,00,000 |
|
II. Expenses Purchases of Stock-in-Trade Change in Inventories of Stock-in-Trade Employees Benefits Expenses Other Expenses |
|
2,10,000 15,000 17,500 7,500 |
1,80,000 20,000 15,000 5,000 |
|
Total |
|
2,50,000 |
2,20,000 |
|
III. Profit before Tax (I-II) |
|
1,00,000 |
80,000 |
|
IV. Less: Tax |
|
30,000 |
24,000 |
|
V. Profit after Tax (III-IV) |
|
70,000 |
56,000 |
Solution-:
|
Comparative
Income Statement for the
year ended March 31, 2014 and 2022 |
|||||
|
|
Note No. |
31st March, 2022 (₹ ) |
31st March, 2021 (₹
) |
Absolute Change (Increase/ Decrease) (₹ ) |
Percentage Change (Increase/ Decrease) (%) |
|
|
|
(A) |
(B) |
(C = A-B) |
(D = C/A×100) |
|
I. Revenue from Operations |
|
3,00,000 |
3,50,000 |
50,000 |
16.67 |
|
II. Expenses a. Purchase of Stock-in-Trade b. Changes in Inventories of Stock-in-Trade c. Employees Benefit cost d. Other Expenses |
|
1,80,000 20,000
5,000 |
2,10,000 15,000
7,500 |
30,000 (5,000)
2,500 |
16.67 (25.00)
50.00 |
|
|
|
2,20,000 |
2,50,000 |
30,000 |
13.67 |
|
Profit before Income Tax (I-II) |
|
80,000 |
1,00,000 |
20,000 |
25.00 |
|
Less: Income Tax |
|
24,000 |
30,000 |
6,000 |
25.00 |
|
Profit after Income Tax |
|
56,000 |
70,000 |
14,000 |
25.00 |
Question 18: From the
following Statement of Profit and Loss, prepare Comparative
Statement
of Profit and Loss:
|
Statement
of Profit and Loss, |
|||
|
Particulars |
Note
No. |
31st March, 2022 ( ₹
) |
31st March, 2021 ( ₹
) |
|
I. Income |
|
|
|
|
Revenue from Operations
(Net Sales) |
|
50,00,000 |
40,00,000 |
|
II. Expenses Purchases of Stock-in-Trade Change in Inventories of
Stock-in-Trade Employees Benefits Expenses |
1 |
34,00,000 1,00,000 1,00,000 |
28,50,000 1,50,000 1,00,000 |
|
Other Expenses |
2 |
2,00,000 |
1,50,000 |
|
Total |
|
38,00,000 |
32,50,000 |
|
III. Net Profit (I-II) |
|
12,00,000 |
7,50,000 |
Notes to Accounts
|
Particulars |
31st March, 2022Â ( ₹ )
|
31st March, 2021 ( ₹
) |
|
I. Change in Inventory of stock-in-Trade Opening Inventory Less: Closing Inventory |
2,00,000 1,00,000 |
3,50,000 2,00,000 |
|
|
1,00,000 |
1,50,000 |
|
2. Other Expenses Administrative Expenses Selling and Distribution
Expenses |
50,000 1,50,000 |
50,000 1,00,000 |
|
|
2,00,000 |
1,50,000 |
Solution-:
|
Comparative
Income Statement for the
year ended March 31, 2014 and 2022 |
|||||
|
|
Note No. |
31st March, 2022 (₹ ) |
31st March, 2021 (₹
) |
Absolute Change (Increase/ Decrease) (₹ ) |
Percentage Change (Increase/ Decrease) (%) |
|
|
|
(A) |
(B) |
(C = A-B) |
(D = C/A×100) |
|
I. Revenue from Operations |
|
40,00,000 |
50,00,000 |
10,00,000 |
25.00 |
|
II. Expenses: a. Purchases of Stock-in-Trade b. Changes in Inventories of Stock-in-Trade c. Employees Benefit Expenses d. Other Expenses |
|
28,50,000
|
34,00,000
|
5,50,000
|
19.30
|
|
|
|
32,50,000 |
38,00,000 |
5,50,000 |
16.92 |
|
|
|
|
|
|
|
|
Less: Income Tax |
|
– |
– |
– |
– |
|
Profit after Income Tax |
|
7,50,000 |
12,00,000 |
4,50,000 |
60.00 |
COMMON SIZE STATEMENT OF PROFIT & LOSS (INCOME STATEMENT)
Question
19:
From the following Statement of Profit and Loss of
Star Ltd., for the years
ended
31st March, 2015 and 2016, prepare a Common-size
statement:
|
Particulars |
2015-16 |
2014-15 |
|
Revenue from Operations |
25,00,000 |
20,00,000 |
|
Employee Benefit Expenses |
10,00,00o |
7,00,000 |
|
Other Expenses |
2,00,000 |
3,00,000 |
|
Tax rate |
40% |
40% |
Solution-:
|
Common Size Statement of Profit
& loss  |
|||||
|
Particulars |
Note No. |
Absolute Amounts |
Percentage of Revenue From Operation (Net Sales) |
||
|
31ST March 2015 |
31st March 2016 |
31ST March 2015 |
31st March 2016 (%) |
||
|
Revenue from Operations |
|
20,00,000 |
25,00,000 |
100 |
100 |
|
Expenses |
|
|
|
|
|
|
Employee Benefit Expenses |
|
7,00,000 |
10,00,00o |
35 |
40 |
|
Other Expenses |
|
3,00,000 |
2,00,000 |
15 |
8 |
|
Total Expenses |
|
10,00,000 |
12,00,000 |
50 |
48 |
|
Profit before Tax |
|
10,00,000 |
13,00,000 |
50 |
52 |
|
Less: Tax 40% |
|
4,00,000 |
5,20,000 |
20 |
20.80 |
|
Profit after Tax |
|
6,00,000 |
7,80,000 |
30 |
31.20 |
Question 20: Prepare
Common-size Statement of Profit and Loss from the following
Statement
of Profit and Loss:
|
|
Note No. |
31st March, 2022 (₹
) |
|
I. Income |
|
|
|
Revenue from Operations |
|
15,00,000 |
|
Other Income |
|
60,000 |
|
Total Revenue |
|
15,60,000 |
|
II. Expenses |
|
|
|
Purchases of Stock-in-Trade |
|
7,50,000 |
|
Change in Inventories of Stock-in-Trade |
|
50,000 |
|
Other Expenses |
|
2,10,000 |
|
Total |
|
10,10,000 |
|
III. Profit before Tax (I-II) |
|
5,50,000 |
Solution-:
|
Common Size Statement of Profit
& loss  |
|||
|
|
Note No. |
Absolute Amounts |
Percentage of Revenue from
Operation (Net Sales) |
|
|
|
31st
March, |
% 31st March, 2022 (₹
) |
|
I. Income Revenue from Operations Other Income |
|
15,00,000 60,000 |
100 4 |
|
Total Revenue |
|
15,60,000 |
104 |
|
II. Expenses Purchases of Stock-in-Trade Change in Inventories of Stock-in-Trade Other Expenses |
|
7,50,000 50,000 2,10,000 |
50 3.33 14 |
|
Total Expenses |
|
10,10,000 |
67.33 |
|
III. Profit before Tax (I-II) |
|
5,50,000 |
36.63 |
Question
21:
Prepare Common-size Statement of Profit and Loss from
the following
Statement
of Profit and Loss:
|
Particulars |
Note No. |
Year I ( ₹ ) |
Year II ( ₹ ) |
|
I. Income |
|
|
|
|
Revenue from Operations
(Net Sales) |
|
14,00,000 |
16,00,000 |
|
II. Expenses Purchases of Stock-in-Trade Change in Inventories of
Stock-in-Trade Finance Costs Other Expenses |
|
9,00,000 1,00,000 80,000 90,000 |
10,00,000 1,80,000 80,000 1,30,000 |
|
Total |
|
11,70,000 |
13,90,000 |
|
III. Net Profit (I-II) |
|
2,30,000 |
2,10,000 |
|
IV. Less: Tax |
|
40,000 |
36,000 |
|
V. Net Profit After Tax
(III-IV) |
|
1,90,000 |
1,74,000 |
Solution-:
|
Common
Size Income Statement for the year endedÂ….. |
||||
|
Particulars |
Absolute Amount (Rs) |
Percentage of Revenue (%) |
||
|
Year 1 |
Year II |
Year 1 |
Year II |
|
|
I. Revenue from Operations |
14,00,000 |
16,00,000 |
100.00 |
100.00 |
|
II. Expenses a. Purchases of
Stock-in-Trade b. Change in Inventories of
Stock-in-Trade c. Finance Cost d. Other Expenses |
9,00,000 1,00,000
90,000 |
10,00,000 1,80,000
1,30,000 |
64.28 7.14
6.43 |
62.5 11.25
8.12 |
|
Profit before Income Tax |
2,30,000 |
2,10,000 |
16.43 |
13.13 |
|
Less: Income Tax |
40,000 |
36,000 |
2.84 |
2.25 |
|
Profit after Income Tax |
1,90,000 |
1,74,000 |
13.57 |
10.88 |
Question 22: Prepare a
Common-size Statement of Profit and Loss of Hari Darshan
Ltd’ from
the following information:
|
Particulars |
Note No. |
2018-19 |
2017-18 |
|
Revenue from Operations |
|
20,00,000 |
10,00,000 |
|
Purchase of Stock-in-Trade |
|
7,70,000 |
4,20,000 |
|
Changes in Inventories |
|
1,20,000 |
80,000 |
|
Other Expenses |
|
52,000 |
30,000 |
|
Other Incomes |
|
60,000 |
50,000 |
|
Tax Rate 50% |
|||
Solution-:
|
Common-Size
Statement of Profit and Loss as
at 31st March, 2019 |
|||||
|
Particulars |
Note No. |
Absolute Amounts |
Percentage of Revenue
from Operation (Net Sales) |
||
|
|
|
1st March, 2018 (₹
) |
31st March, 2019 (₹
) |
% 31st March, 2018Â (₹ ) |
% 31st March, 2019
 ( |
|
Revenue from Operations |
|
10,00,000 |
20,00,000 |
100 |
100 |
|
Other Incomes |
|
50,000 |
60,000 |
5 |
3 |
|
Total Revenue |
|
10,50,000 |
20,60,000 |
105 |
103 |
|
Expenses |
|
|
|
|
|
|
Purchase of Stock-in-Trade |
|
4,20,000 |
7,70,000 |
42 |
38.5 |
|
Changes in Inventories |
|
80,000 |
1,20,000 |
8 |
6 |
|
Other Expenses |
|
30,000 |
52,000 |
3 |
2.6 |
|
Total Expenses |
|
5,30,000 |
9,42,000 |
53 |
47.1 |
|
Profit before Tax |
|
5,20,000 |
11,18,000 |
52 |
55.9 |
COMMON SIZE BALANCE SHEET
Question 23: From the
following information, prepare a Common-size Balance Sheet:
|
Particulars |
31st March,
2022 (`) |
31st March,
2021 (`) |
|
Shareholders’ Funds |
5,40,000 |
3,60,000 |
|
Non-current Liabilities |
1,80,000 |
1,80,000 |
|
Current Liabilities |
1,80,000 |
60,000 |
|
Non-current Assets |
6,30,000 |
4,20,000 |
|
Current Assets |
2,70,000 |
1,80,000 |
Solution-:
|
Common-Size
Statement of Balance Sheet as
at 31st March, 2022 |
|||||
|
Particulars |
Note No. |
Absolute Amounts |
Percentage of Revenue
from Operation (Net Sales) |
||
|
|
|
31st March, 2021 (₹
) |
31st March, 2022 (₹
) |
% 31st March, 2021Â (₹ ) |
% 31st March, 2022
 ( |
|
I.Equity and Liabilities Shareholders’ Funds Non-current Liabilities Current Liabilities |
|
3,60,000 1,80,000 60,000 |
5,40,000 1,80,000 1,80,000 |
60 30 10 |
60 20 20 |
|
Total |
|
6,00,000 |
9,00,000 |
100 |
100 |
|
II.Assets Non-current Assets Current Assets |
|
4,20,000 1,80,000 |
6,30,000 2,70,000 |
70 30 |
70 30 |
|
Total |
|
6,00,000 |
9,00,000 |
100 |
100 |
Question 24: Prepare
Common-size Balance Sheet and comment on the financial
position
of Sun Ltd. and Star Ltd. The Balance Sheet of Sun Ltd. and Star Ltd.
as at 31st March, 2022 are:
|
Particulars |
Sun Ltd. ( `) |
Star Ltd. ( `) |
|
I. EQUITY AND LIABILITIES 1. Shareholders’ Funds (a) Share Capital (b) Reserves and Surplus 2. Current Liabilities Trade Payables (Creditors) |
9,00,000 4,00,000 2,00,000 |
12,00,000 3,50,000 2,50,000 |
|
Total |
15,00,000 |
18,00,000 |
|
II. ASSETS 1. Non-Current Assets Fixed Assets (Tangible) 2. Current Assets Trade Receivables (Debtors) |
10,00,000 5,00,000 |
16,00,000 2,00,000 |
|
Total |
15,00,000 |
18,00,000 |
Solution-:
|
Common Size Balance Sheet as at
March 31, 2022 |
||||
|
Particulars |
Absolute Amount (`) |
Percentage of Balance Sheet Total (%) |
||
|
Sun Ltd. |
Star Ltd. |
Sun Ltd. |
Star Ltd. |
|
|
I. Equity and Liabilities 1. ShareholdersÂ
Funds a.
Share Capital b.
Reserve and Surplus 2. Current Liabilities a.
Trade Payables |
9,00,000 4,00,000 2,00,000 |
12,00,000 3,50,000 2,50,000 |
60.00 26.67 13.33 |
66.67 19.44 13.89 |
|
Total |
15,00,000 |
18,00,000 |
100.00 |
100.00 |
|
II. Assets 1. Non-Current Assets a.
Fixed Assets 2. Current Assets a.
Trade Receivables |
10,00,000 5,00,000 |
16,00,000 2,00,000 |
66.67 33.33 |
88.89 11.11 |
|
Total |
15,00,000 |
18,00,000 |
100.00 |
100.00 |
Comments:
1.
Star
Ltd. has a greater share of Capital in the total sources of funds i.e. 66.67%
in
comparison
to 60% of Sun Ltd.
2.
Sun
Ltd. retains 26.67% of their earnings as a part of Reserves and Surplus.
Whereas,
Star
Ltd. retains only 19.44% of their earnings.
3.
Star
Ltd. has invested major portion of its funds on acquiring the Fixed Assets as these
are
88.89% of the total application of funds in comparison to 66.67% of Sun Ltd.
On
the other hand, Sun Ltd. emphasizes more on Current Assets as these
are
33.33% of the total applications of funds in comparison to 11.11% of Star Ltd.
Question 25: From the
following information, prepare a Common-size Balance Sheet:
|
BALANCE SHEET Â as at 31st
March,
2022 |
|||
|
Particulars |
Note No. |
March, 31st 2022 (`) |
31st March, 2021 (`) |
|
I. EQUITY AND LIABILITIES 1. Shareholders’ Funds (a) Share
Capital (b)
Reserves and Surplus 2. Non-Current Liabilities Long-term
Borrowings 3. Current Liabilities Short-term
Borrowings |
|
32,00,000 8,00,000 16,00,000 8,00,000 |
18,00,000 6,00,000 12,00,000 12,00,000 |
|
Total |
|
64,00,000 |
48,00,000 |
|
Il. ASSETS 1. Non-Current Assets (a)
Property, Plant and Equipment (Fixed Assets): Tangible
Assets (b)
Non-current Investments 2. Current Assets (a)
Inventories (b) Trade
Receivables (c) Cash
and Cash Equivalents |
|
18,00,000
10,00,000 16,00,000
|
16,00,000
8,00,000 12,00,000
|
|
Total |
|
64,00,000 |
48,00,000 |
Solution-:
|
Common-Size
Statement of Balance Sheet as
at 31st March, 2022 |
|||||
|
Particulars |
Note No. |
Absolute Amounts |
Percentage of Revenue
from Operation (Net Sales) |
||
|
|
|
31st March, 2021 (₹
) |
31st March, 2022 (₹
) |
% 31st March, 2021Â (₹ ) |
% 31st March, 2022
 ( |
|
I. EQUITY AND LIABILITIES 1. Shareholders’ Funds (a) Share Capital (b) Reserves and Surplus 2. Non-Current Liabilities Long-term Borrowings 3. Current Liabilities Short-term Borrowings |
|
18,00,000 6,00,000 12,00,000 12,00,000 |
32,00,000 8,00,000 16,00,000 8,00,000 |
37.5 12.5 25 25 |
50 12.5 25 12.5 |
|
Total |
|
48,00,000 |
64,00,000 |
100 |
100 |
|
Il. ASSETS 1. Non-Current Assets (a) Property, Plant and Equipment (Fixed Assets): Tangible Assets (b) Non-current Investments 2. Current Assets (a) Inventories (b) Trade Receivables (c) Cash and Cash Equivalents |
|
16,00,000
12,00,000 6,00,000 |
18,00,000
16,00,000 12,00,000 |
33.33
25 12.5 |
28.13
25 18.75 |
|
Total |
|
48,00,000 |
64,00,000 |
100 |
100 |
