Comparative Balance Sheet
- From the following information, prepare Comparative Balance Sheet of Jaico Ltd.;
| Particulars | 31st March, 2025 ₹ | 31st March, 2026 ₹ |
| Shareholders’ FundsNon-current Liabilities
Current Liabilities Non-current Assets Current Assets |
30,00,00015,00,000
5,00,000 35,00,000 15,00,000 |
45,00,00015,00,000
15,00,000 52,50,000 22,50,000 |
Solution- Jaico Ltd
Comparative balance sheet Jaico Ltd
As at 31st march 2025 and 2026
| Particulars | Note no. | 31st March, Previous year | 31st March current year | Absolute change Inc./Dec. Amount | Percentage change Inc./Dec.% |
| I. EQUITY & LIABILITIES1. Shareholders’ funds
2. Non-current liabilities 3. Current liabilities Total
II. ASSETS 1. Non-current Assets 2. Current Assets Total |
30,00,000
15,00,000 500,000 50,00,000 35,00,000 15,00,000 50,00,000 |
45,00,000
1500,000 15,00,000 7500,000 52,50,000 22,50,000 7500,000 |
1500,000
– 10,00,000 2500,000 17,50,000 750,000 25,00,000 |
50
– 200 50 50 50 50 |
2. Form the following Balance Sheet, prepare Comparative Balance Sheet of Paras Milk Ltd.:
| Particulars | Note No. | 31st March, 2026 ₹ | 31st March, 2025 ₹ |
| I. EQUITY AND LIABILITIES1. Shareholders’ Funds
Share Capital 2. Non-current Liabilities Long-term Borrowings 3. Current Liabilities Trade Payables Total
II. ASSETS 1. Non-current Assets Property, Plant & Equipment & Intangible Assets: Property, Plant & Equipment 2. Current Assets Trade Receivables Total |
3,50,000
1,00,000 1,50,000 6,00,000 4,00,000 2,00,000 6,00,000 |
3,00,000
2,00,000 1,00,000 6,00,000 3,00,000 3,00,000 6,00,000 |
Ans.
Comparative Balance Sheet of Paras Lts. As at 31st march
| Particulars | Note no. | 31st March, Previous year | 31st March current year | Absolute change Inc./Dec. Rs | Percentage change Inc./Dec.% |
| I. EQUITY & LIABILITIES1. Shareholders’ Funds
a) Share Capitals 2. Non-current liabilities a) Long-term Borrowings 3. Current Liabilities a) Trade Payables Total
II. ASSETS 1. Non-Current Property, Plant & Equipment & Intangible Asses Property , Plant and Equipment 2. Current Assets Trade Receivables Total |
3,00,000 2,00,000 1,00,000 6,00,000 3,00,000 3,00,000 6,00,000 |
3,50,000 1,00,000 1,50,000 6,00,000 4,00,000 2,00,000 6,00,000 |
50,000 (10,000) 50,000 – 1,00,000 (1,00,000) – |
(16.67) (50.00) 50.00 – 33.33 (33.33) – |
3. Following is the Balance Sheet of Gold Mohar Ltd., as at 31st March, 2026:
| Particulars | Note No. | 31st March, 2026 ₹ | 31st March, 2025 ₹ |
| I. EQUITY AND LIABILITIES1. Shareholders’ Funds
a) Share Capital b) Reserve & Surplus 2. Non-current Liabilities Long-term Borrowings 3. Current Liabilities Trade Payables Total
II. ASSETS A. Non-current Assets Property, Plant & Equipment & Intangible Assets: i. Property, Plant & Equipment ii. Intangible Assets B. Current Assets a) Trade Receivables b) Cash & Cash Equivalents Total |
15,00,000 10,00,000 8,00,000 5,00,000
38,00,000 25,00,000 5,00,000 6,00,000 2,00,000 38,00,000 |
10,00,000 10,00,000 2,00,000 3,00,000 25,00,000 15,00,000 5,00,000 3,50,000 1,50,000 25,00,000 |
You are required to prepare Comparative Balance Sheet on the basis of the information given in the above Balance Sheet.
Ans.
Comparative Balance Sheet of Mohar Ltd., as at 31st March
| Particulars | Note no. | 31st March, Previous year₹ | 31st March current year₹ | Absolute change Inc./Dec.₹ | Percentage change Inc./Dec.% |
| I. EQUITY & LIABILITIES1. Shareholders’ Funds
a) Share Capitals b) Reserve & surplus Shareholder fund
2. Non-current liabilities a) Long-term Borrowings 3. Current Liabilities Trade Payables
Total
I. ASSETS 1. Non-Current assets Property, Plant & Equipment & Intangible Asses a) Property , Plant and Equipment b) Intangible Assets a. Non-current assets 2. Current Assets a) Trade Receivables b) Cash & Cash Equivalents b. Current assets
Total (a+b) |
10,00,000 10,00,000 20,00,000 2,00,000 3,00,000 25,00,000 15,00,000 5,00,000 20,00,000 3,50,000 1,50,000 500,0000 25,00,000 |
15,00,000 10,00,000 2500,000 8,00,000 5,00,000 38,00,000 25,00,000 5,00,000 30,00,000 6,00,000 2,00,000 800,000 38,00,000 |
5,00,000 – 500,000 6,00,000 2,00,000 13,00,000 10,00,000 – 10,00,000 2,50,000 50,000 300,000 13,00,000 |
50.00 – 25.00 300.00 66.67 52.00 66.67 – 50.00 71.43 33.33 60.00 52.00 |
4. Balance Sheet of Sandesh Ltd. As at 31st March, 2026 is given below:
| Particulars | Note No. | 31st March, 2026 ₹ | 31st March, 2025 ₹ |
| I. EQUITY AND LIABILITIES1. Shareholders’ Funds
a) Share Capital b) Reserve & Surplus 2. Non-current Liabilities Long-term Borrowings 3. Current Liabilities Trade Payables Total
I. ASSETS 1. Non-current Assets a) Property, Plant & Equipment & Intangible Assets: Property, Plant & Equipment b) Non-current Investments 2. Current Assets a) Trade Receivables b) Cash & Cash Equivalents Total |
3,26,000 1,00,000 6,96,000 2,98,000 14,20,000 5,68,000 6,000 6,46,000 2,00,000 14,20,000 |
2,44,000 1,00,000 4,38,000 78,000 8,60,000 4,30,000 4,000 3,76,000 50,000 8,60,000 |
Prepare Comparative Balance Sheet showing percentage changes from 2025 to 2026.
Ans.
Comparative Balance Sheet of Sandesh Ltd., as at 31st March
5.Following is the summarized Balance sheet of Hopeful Ltd. As at 31st March, 2026:
Note to Accounts
You are required to comment upon the changes in absolute figures form one period to another.
Ans.
Comparative Balance Sheet of Hopeful Ltd., as at 31st March
6. From the following Balance Sheet of Royal Industries Ltd. As at 31st March, 2025, prepare Comparative Balance Sheet:
Ans.
Comparative Balance Sheet of Royal Industries Ltd.
as at 31st March
Comparative Statement of Profit & Loss (Income Statement)
7. Prepare Comparative Statement of Profit & Loss from the following information:
Ans.
Comparative Statement of Profit & Loss for the year ended 31st March
8. From the following information prepare a comparative statement of profit and loss for the year ended 31st March, 2023 and 2024:
9. Prepare Comparative Statement of Profit & Loss from the following:
Ans.
Comparative Statement of Profit & Loss
For the years ended March 31, 2021
Prepare a Comparative Income Statement of Bikul Ltd. With the help of the following information:
Income Tax Rate 40%.
Ans.
Comparative Statement of Profit & Loss for the year ended 31st March
11. Following information is extracted from the Statement of Profit & Loss of Kalyan Ltd. For the year ended 31st March, 2026:
Prepare Comparative Statement of Profit & Loss.
Ans.
Comparative Statement of Profit & Loss for the year ended 31st March
12. Prepare Comparative Statement of Profit & Loss from the following information:
Ans. Comparative Statement of Profit & Loss for the year ended 31st March
13. Prepare a Comparative Statement of Profit & Loss from the Information extracted from the Statement of Profit & Loss for the year ended 31st March, 2017 and 2018.
14. From the following information, prepare Comparative Statement of Profit & Loss showing increase, decrease and percentage:
Ans. Comparative Statement of Profit & Loss for the year ended 31st March
15. From the following particulars obtained from the books of Mark, prepare a Comparative Statement of Profit & Loss:
Ans. Comparative Statement of Profit & Loss for the year ended 31st March
16. From the following information, prepare Comparative Statement of Profit & Loss for the year ended 31st March, 2023:
Ans.
Comparative Statement of Profit & Loss for the years ended March 31, 2021
17. From the following information, prepare Comparative Statement of Profit & Loss:
Ans. Comparative Statement of Profit & Loss for the year ended 31st March
18. Prepare Comparative Statement of Profit & Loss from the following Statement of Profit & Loss:
Ans.
Comparative Statement of Profit & Loss for the year ended 31st March
19. From the following Statement of profit and loss, prepare Comparative Statement of Profit & Loss:
Note to Accounts
Ans. Comparative Statement of Profit & Loss for the year ended 31st March
Note to Accounts
Common-Size Balance Sheet
20. From the following information, prepare a Common – size Balance Sheet:
Ans.
Common size Balance Sheet of as at 31st March
23. From the given Balance Sheet of Geox Ltd., Prepare Common Size Balance sheet:
Balance Sheet of Geox Ltd., as at 31st March, 2023
Ans.
Common size Balance Sheet of as at 31st March
Balance Sheet of Geox Ltd., as at 31st March, 2023
22. From the following information prepare a common-size Balance Sheet:
Balance Sheet as at 31st March, 2026
Ans. Common size Balance sheet of as at 31st March
Common-size Statement of Profit & Loss (Income Statement)
23. From the following Statement of Profit & Loss of Star Ltd., for the years ended 31st March, 2025 and 2026, prepare a Common-size Statement:
24. Prepare a ‘Common Size Statement of Profit & Loss of Neurosci Ltd. For the year ended 31st March, 2023 from the following Information:
Solution –
25. Prepare a ‘Common Size Statement of Profit & Loss of QLM Ltd. For the year ended 31st March, 2023 from the following Information:
solution –
26. Prepare a ‘Common Size Statement of Profit & Loss of ‘Hari Darshan Ltd.’ From the following Information:
Solution –
Common Size Balance Sheet of as of 31st March
27. From the following Information of NK Ltd., prepare a common size statement of Profit and loss for the year ended 31st March, 2022 and 31st March, 2023:
28. Prepare Common size Statement of Profit & Loss form the following information:
Additional Information:
Other expenses include Provision for Tax of RS.2,00,000 for the year ending 31st March, 2025 and Rs.2,50,000 for the year ending 31st March, 2026.
Solution –
Common Size Balance Sheet of as of 31st March
29. Prepare Common-size Statement of Profit & Loss form the following Statement of Profit & Loss:
Solution
Common size Balance Sheet of as at 31st March
30. Prepare common-size Statement of Profit & Loss from the following Statement of Profit & Loss:
Ans.
Common size Balance Sheet of as at 31st March
