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Question No 04 Chapter 6 – UNIMAX Class 12 Part 2 – 2021

Question No 04 Chapter 6 – UNIMAX Class 12 Part 2 – 2021

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Question No 04 Chapter 6 – UNIMAX Class 12 Part 2 – 2021

From the following information, prepare comparative Balance Sheet of Ishu Ltd.

Particulars
31-3-202231-3-2021
Share Capital10,00,00010,00,000
Reserve & Surplus12,00,0006,00,000
Trade payable12,70,0009,00,000
Land and Building16,00,00015,00,000
Plant and Machinery6,30,0005,00,000
Goodwill1,00,000
Investments1,20,0001,00,000
Current Assets15,20,0008,00,000
Long term Borrowings4,00,0005,00,000

The solution of Question No 04 Chapter 6 – UNIMAX Class 12 Part 2 – 2021: –

Comparative Balance Sheet of Ishu Ltd.
As At 31-3-2021 and 31-3-2022

Particulars
Note No
31-3-2021
31-3-2022Absolute changePercentage change 
  ABB-A =CC/A
Equity and Liabilities     
1.Shareholder’s Fund     
(a) Share Capital 10,00,00010,00,000  
(a) Reserve & Surplus 6,00,00012,00,0006,00,00100.00
2.Non-Current Liabilities     
Long term borrowing  5,00,0004,00,000(1,00,000)(20.00)
3.Current liabilities trade payable 9,00,00012,70,0003,70,00014.11
Total 30,00,00038,70,0008,70,00029.00
Assets      
1. Non-current Assets     
(a)Fixed Assets     
1.tangible Assets120,00,00022,30,0002,30,00011.50
2.Intangible Assets21,00,000(1,00,00)(100.00)
(b) Investments 1,00,0001,20,00020,00020.00
2.Current assets 8,00,00015,20,0007,20,00090,00
Total  30,00,00038,70,0008,70,00029.00

Working Notes:

1.Tangible Assets31-3-202131-3-2022
Land & Building15,00,00016,00,000
Plant & Machinery5,00,10006,30,000
 20,00,00022,30,000
2.Intangibel Assets  
Goodwill1,00,000

End of Solution


Check Out the Solution of all questions for this chapter:

The solution to all questions of Chapter No. 6 – Tools or Methods of Financial Analysis Class 12 Unimax is shown as follows, click on the image of the question to get the solution.

Question No 05 Chapter 6 – UNIMAX Class 12 Part 2 – 2021

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Question No 17 Chapter 6 – UNIMAX Class 12 Part 2 – 2021 

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Question No 29 Chapter 6 – UNIMAX Class 12 Part 2 – 2021

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1. Comprehensive Solutions for All Chapters of Advanced Accountancy Part 1 Class 12 by Unimax

UnimaxSolutions.in offers a comprehensive solution for students studying Advanced Accountancy Part 1 in Class 12. With their meticulously curated study material, students can access comprehensive solutions to all the questions in each chapter. By selecting the chapter name from the study material, students can easily navigate through the topics and find detailed explanations and step-by-step solutions to the problems presented in that section. Whether it’s understanding complex accounting concepts, mastering calculation techniques, or analyzing financial statements, Unimax provides a valuable resource to aid students in their learning journey. With these comprehensive solutions at their disposal, students can enhance their understanding, clarify doubts, and improve their problem-solving skills in Advanced Accountancy, ensuring they are well-prepared for their Class 12 examinations.

2. Comprehensive Solutions for All Chapters of Advanced Accountancy Part 2 Class 12 by Unimax

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Punjab School Education Board (PSEB) Solutions of Usha Publication.

If you’re a student enrolled in the Punjab School Education Board Class 12, exploring a wide range of books to cover the syllabus thoroughly is essential. While the prescribed textbooks are undoubtedly valuable, supplementing your studies with additional resources can enhance your understanding and knowledge. Consider checking out other books that align with the curriculum, offering different perspectives and insights on the subjects you’re studying. These supplementary materials can provide you with alternative explanations, practice questions, and examples that may aid in clarifying complex concepts. Moreover, exploring diverse sources can expose you to various writing styles and viewpoints, fostering a broader understanding of the subjects. So, seize the opportunity to expand your learning by delving into other books that can complement your studies and contribute to your academic growth.

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