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Question 14 Marks
From the following Balance Sheet of Sun Ltd. as at 31st March 2023, prepare Common-Size Balance Sheet:
ParticularsNote No.31st March, 2023 (₹)31st March, 2022 (₹)
I. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Share Capital80,00,00060,00,000
(b) Reserves and Surplus12,00,0008,00,000
2. Non-Current Liabilities
Long-term Borrowings24,00,00020,00,000
3. Current Liabilities
Short-term Borrowings4,00,00012,00,000
Total1,20,00,0001,00,00,000
II. ASSETS
1. Non-Current Assets
Property, Plant and Equipment and Intangible Assets:
(i) Property, Plant and Equipment80,00,00060,00,000
(ii) Intangible Assets4,00,00012,00,000
2. Current Assets
(a) inventories24,00,00020,00,000
(b) Cash and Cash Equivalents12,00,0008,00,000
Total1,20,00,0001,00,00,000
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Question 24 Marks
From the following information obtained from the books of Vichar Ltd., prepare a Comparative Statement of Profit and Loss for the year ending 31st March, 2019;
Particulars2018-192017-18
Revenue from operations300% of cost of materials consumed200% of cost of materials consumed
Cost of materials consumed₹ 4,00,000₹ 2,00,000
Other expenses20% of cost of materials consumed20% of cost of materials consumed
Tax rate50%50%
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4 Marks Question - Accountancy STD 12 Commerce Questions - Vidyadip