Question:
From the following Balance Sheet of Nayak Ltd., prepare a Comparative Balance Sheet as at 31stMarch, 2024.
From the following Balance Sheet of Nayak Ltd., prepare a Comparative Balance Sheet as at 31stMarch, 2024.
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Comparative Balance Sheets help assess the financial growth or decline of a firm across two periods. Always show absolute and percentage change.
Updated On: Jul 8, 2025
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Solution and Explanation
Comparative Balance Sheet of Nayak Ltd. as at 31st March, 2024
| Particulars | 31.03.2024 (₹) | 31.03.2023 (₹) | Absolute Change (₹) | % Change |
|---|---|---|---|---|
| Share Capital | 6,00,000 | 4,00,000 | 2,00,000 | 50% |
| Long-term Borrowings | 2,25,000 | 1,50,000 | 75,000 | 50% |
| Trade Payables | 75,000 | 50,000 | 25,000 | 50% |
| Total Liabilities | 9,00,000 | 6,00,000 | 3,00,000 | 50% |
| Property, Plant & Equipment (PPE) | 6,75,000 | 4,50,000 | 2,25,000 | 50% |
| Inventories | 1,50,000 | 1,00,000 | 50,000 | 50% |
| Cash | 75,000 | 50,000 | 25,000 | 50% |
| Total Assets | 9,00,000 | 6,00,000 | 3,00,000 | 50% |
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