From the following Balance Sheet of J.J. Ltd. prepare a Comparative Balance Sheet as at 31.3.2022:

J.J. Ltd.

Balance Sheet as at 31.3.2022

Particulars Note No. 31.03.2022
31.03.2021
I Equity and Liabilities:
Shareholders’ Funds
(a) Equity Share Capital 25,00,000 20,00,000
(b) Reserves and Surplus 5,00,000 4,00,000
2. Non-Current Liabilities
Long-term Borrowings 10,00,000 10,00,000
3. Current Liabilities
Trade Payables 2,00,000 1,00,000
Total 42,00,000 35,00,000
II Assets :
1. Non-Current Assets
Fixed Assets 30,00,000 25,00,000
2. Current Assets
Inventories 12,00,000 10,00,000
Total 42,00,000 35,00,000

Marks-3, CBSE:2021-22/Term-2/Zone-3/Set-1/Q-11*

Attention Students!!!


banner for app

 

 

 

This will close in 0 seconds

error: Content is protected !!