The following are the balance sheets of a concern for the years 2010 and 2011. Prepare a comparative
balance sheet and study the financial position of the concern.
Balance Sheet as on 31 March
2011
2010
2010
2011
Rs.
Rs.
Rs.
270000
1600000
Equity Share capital
370000
800000
Land and Buildings
600000
400000
Reserves and surplus
330000
Plant and Machinery
222000
25000
20000
Furniture and Fixtures
200000
Debentures
300000
30000
25000
200000
Other fixed assets
Long term loans on mortage 150000
80000
50000
45000
Cash in hand and at bank 20000
Bills payable
150000
90000
100000
120000
Bills receivables
Sundry Creditors
200000
250000
5000
10000
Sundry Debtors
Other current liabilities
250000
350000
Stock
2000
Prepaid expenses
1
1435000
1697000
1435000
1697000
06:55 PM
ENG
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Answer:
1435000
1697000
1435000
1697000
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