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10. The following is the Balance Sheet of Om and Jay on 31" March 2018, they share profits
and losses in the ratio 3:2
Balance Sheet as On 31" March 2018
Amount ()
Liabilities
Assets
Amount)
Creditors
30,000 Cash
3,000
Capital A/C
Building A
15,000
Om
21,000 Machinery A
21,000
Jay
21,000 Furniture
900
Current Ac
Stock A
12,300
Om
3,750 Debtors
27,000
Jay
3.450
79,200
79,200
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Answer:
Comparative Statement or Comparative Financial and Operating Statements. Common Size Statements. Trend Ratios or Trend Analysis. Average Analysis
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