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#### Page No 2.30:

 Sticon Ltd. Comparative Balance Sheet as at March 2016 and 2017 Particulars Note  No. 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Equity and Liabilities 1. Shareholders’ Funds a. Share Capital 8,00,000 10,00,000 2,00,000 25.00 b. Reserve and Surplus 7,50,000 9,00,000 1,50,000 20.00 Shareholders’ Fund 15,50,000 19,00,000 3,50,000 22.58 2. Non-Current Liabilities a. Long-term Borrowings 5,00,000 4,00,000 (1,00,000) (20.00) 3. Current Liabilities b. Trade Payables 50,000 1,00,000 50,000 100.00 Total 33,00,000 48,00,000 3,00,000 9.09 II. Assets 1. Non-Current Assets Fixed Assets a. Tangible Assets 1 16,00,000 18,00,000 2,00,000 12.50 b. Intangible Assets 2 2,00,000 2,00,000 - - 2. Current Assets a. Trade Receivables 2,00,000 3,00,000 1,00,000 50.00 b. Cash and Cash Equivalents 1,00,000 1,00,000 - - Total 33,00,000 48,00,000 3,00,000 9.09

Notes to Accounts

 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) 1. Fixed Assets- Tangible a. Land and Building 10,00,000 10,00,000 - - b. Plant and Machinery 6,00,000 8,00,000 2,00,000 33.33 Total 16,00,000 18,00,000 2,00,000 12.50 2. Fixed Assets- Intangible a. Patents 2,00,000 2,00,000 - - Total 2,00,000 2,00,000 - -

#### Page No 2.30:

 Royal Industries Ltd. Comparative Balance Sheet as at March 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Equity and Liabilities 1. Shareholders’ Funds a. Equity Share Capital 5,00,000 10,00,000 5,00,000 100 b. Reserve and Surplus 1,00,000 1,00,000 – – Shareholders’ Fund 6,00,000 11,00,000 5,00,000 83.33 2. Non-Current Liabilities a. Long-term Borrowings (10% debentures) 3,00,000 2,00,000 (1,00,000) (33.33) 3. Current Liabilities a. Trade Payables 75,000 1,60,000 85,000 113.34 b. Short-Term Provisions 25,000 40,000 15,000 60 Total 10,00,000 15,00,000 5,00,000 50 II. Assets 1. Non-Current Assets a. Fixed Assets (Tangible) 5,00,000 9,00,000 4,00,000 80 b. Non Current Investments 3,00,000 3,00,000 – – 2. Current Assets a. Inventories 1,50,000 2,50,000 1,00,000 66.67 b. Cash and Cash Equivalents 50,000 50,000 – – Total 10,00,000 15,00,000 5,00,000 50

#### Page No 2.31:

 Priya Ltd. Comparative Balance Sheet as at March 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Equity and Liabilities 1. Shareholders’ Funds a. Equity Share Capital 15,00,000 20,00,000 5,00,000 33.33 b. Reserve and Surplus 8,00,000 8,00,000 Shareholders’ Fund 23,00,000 28,00,000 5,00,000 21.73 2. Non-Current Liabilities a. Long-term Borrowings 4,00,000 10,00,000 6,00,000 150 3. Current Liabilities a. Short-term Borrowings (Bank Overdraft) 3,00,000 5,00,000 2,00,000 66.67 b. Trade Payables 2,00,000 4,00,000 2,00,000 100 c. Other Current Liabilities 75,000 60,000 (15,000) (20) d. Short-Term Provisions 25,000 40,000 15,000 60 Total 33,00,000 48,00,000 15,00,000 45.45 II. Assets 1. Non-Current Assets a. Fixed Assets (Tangible) 18,00,000 27,00,000 9,00,000 50 b. Non Current Investments 5,00,000 5,00,000 2. Current Assets a. Inventories 5,00,000 8,00,000 3,00,000 60 b. Trade Receivables 4,00,000 6,50,000 2,50,000 62.5 c. Cash and Cash Equivalents 1,00,000 1,50,000 50,000 50 Total 33,00,000 48,00,000 15,00,000 45.45

#### Page No 2.31:

 Blue Bell Ltd. Comparative Balance Sheet as at March 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Equity and Liabilities 1. Shareholders’ Funds a. Share Capital 3,44,000 4,26,000 82,000 23.84 2. Non-Current Liabilities a. Long-term Borrowings 4,38,000 6,96,000 2,58,000 58.90 3. Current Liabilities a. Short-term Borrowings, Trade Payables, etc. 78,000 2,98,000 2,20,000 282.05 Total 8,60,000 14,20,000 5,60,000 65.11 II. Assets 1. Non-Current Assets a. Fixed Assets (Tangible) 4,30,000 5,68,000 1,38,000 32.09 b. Non-Current Investments 4,000 6,000 2,000 50 2. Current Assets a. Inventories,Trade Receivables, Cash and Cash Equivalents, etc. 4,26,000 8,46,000 4,20,000 98.59 Total 8,60,000 14,20,000 5,60,000 65.11

#### Page No 2.32:

 Deepankur Ltd. Comparative Balance Sheet as at March 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Equity and Liabilities 1. Shareholders’ Funds a. Equity Share Capital 7,50,000 9,00,000 1,50,000 20 b. Reserve and Surplus 2,85,000 3,30,000 45,000 15.79 Shareholders’ Fund 10,35,000 12,30,000 1,95,000 18.84 2. Non-Current Liabilities a. Long-term Borrowings: 12% Debentures, Secured 2,70,000 1,80,000 (90,000) (33.33) Unsecured Loans 1,80,000 1,20,000 (60,000) (33.33) 3. Current Liabilities a..Trade Payables 3,75,000 4,20,000 45,000 12 Total 18,60,000 19,50,000 90,000 4.84 II. Assets 1. Non-Current Assets Fixed Assets (i) Tangible Assets 11,45,000 10,65,000 (80,000) (6.99) (ii) Intangible Assets 1,00,000 90,000 (10,000) (10) 2. Current Assets a. Trade Receivables 4,50,000 6,10,000 1,60,000 35.56 b. Cash and Cash Equivalents 1,65,000 1,85,000 20,000 12.13 Total 18,60,000 19,50,000 90,000 4.84

#### Page No 2.32:

 Usha Chemicals Ltd. Comparative Balance Sheet as at March 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Equity and Liabilities 1. Shareholders’ Funds a. Share Capital 4,00,000 7,00,000 3,00,000 75 b. Reserve and Surplus 6,00,000 5,00,000 (1,00,000) (16.67) Shareholders’ Fund 10,00,000 12,00,000 2,00,000 20 2. Non-Current Liabilities Long-term Borrowings (12% Loan) 10,00,000 13,00,000 3,00,000 30 3. Current Liabilities a. Trade Payables 3,75,000 5,60,000 1,85,000 49.34 b. Short-term Provisions 25,000 40,000 15,000 60 Total 24,00,000 31,00,000 7,00,000 29.17 II. Assets 1. Non-Current Assets Fixed Assets (Tangible) Less: Depreciation 31.03.2014  20,00,000 – 8,00,000 12,00,000 31.03.2015  18,00,000 – 6,00,000 12,00,000 – 2. Current Assets a. Trade Receivables 10,00,000 16,50,000 6,50,000 65 b. Cash and Cash Equivalents 2,00,000 2,50,000 50,000 25 Total 24,00,000 31,00,000 7,00,000 29.17

#### Page No 2.33:

 M/s Balaji Traders Comparative Balance Sheet as at March 2016 and2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Equity and Liabilities 1. Shareholders’ Funds a. Share Capital 4,00,000 7,00,000 3,00,000 75 b. Reserve and Surplus 1,20,000 1,00,000 (20,000) (16.67) Shareholders’ Fund 5,20,000 8,00,000 2,80,000 53.84 2. Non-Current Liabilities a. Long-term Borrowings (Loans) 5,00,000 5,00,000 – Total 10,20,000 13,00,000 2,80,000 27.45 II. Assets 1. Non-Current Assets a. Fixed Assets (Tangible) 8,00,000 10,20,000 2,20,000 27.50 2. Current Assets a. Trade Receivables 1,00,000 2,00,000 1,00,000 100 b. Cash and Cash Equivalents 1,20,000 80,000 (40,000) 33.34 Total 10,20,000 13,00,000 2,80,000 27.45

#### Page No 2.33:

 Comparative Balance Sheet as at March 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Equity and Liabilities 1. Shareholders’ Funds a. Equity Share Capital 7,50,000 15,00,000 7,50,000 100 b. Reserve and Surplus 4,50,000 3,00,000 (1,50,000) (33.33) Shareholders’ Funds 12,00,000 18,00,000 6,00,000 50 2. Non-Current Liabilities a. Long-term Borrowings (12% debentures) 7,50,000 12,00,000 4,50,000 60 3. Current Liabilities a. Trade Payables 3,00,000 6,00,000 3,00,000 100 Total 22,50,000 36,00,000 13,50,000 60 II. Assets 1. Non-Current Assets a. Fixed Assets (Tangible) 15,00,000 22,50,000 7,50,000 50 2. Current Assets 7,50,000 13,50,000 6,00,000 80 Total 22,50,000 36,00,000 13,50,000 60

#### Page No 2.33:

 Comparative Balance Sheet as at March 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Equity and Liabilities 1. Shareholders’ Funds a. Share Capital 7,50,000 15,00,000 7,50,000 100 b. Reserve and Surplus 4,50,000 3,00,000 (1,50,000) (33.33) Shareholders’ Fund 12,00,000 18,00,000 6,00,000 50 2. Non-Current Liabilities a. Long-term Borrowings (12% Loan) 7,50,000 12,00,000 4,50,000 60 3. Current Liabilities a. Short-Term Borrowings 1,75,000 3,50,000 1,75,000 100 b. Trade Payables 1,00,000 2,00,000 1,00,000 100 c. Short-Term Provisions 25,000 50,000 25,000 100 Total 22,50,000 36,00,000 13,50,000 60 II. Assets 1. Non-Current Assets a. Fixed Assets (Tangible) 15,00,000 22,50,000 7,50,000 50 2. Current Assets a. Inventories 2,50,000 4,50,000 2,00,000 80 b. Trade Receivables 3,50,000 8,00,000 4,50,000 128.57 c. Cash and Cash Equivalents 1,50,000 1,00,000 (50,000) 33.33 Total 22,50,000 36,00,000 13,50,000 60

#### Page No 2.34:

 Comparative Balance Sheet of Wye Ltd. as at March 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Equity and Liabilities 1. Shareholders’ Funds a. Equity Share Capital 5,00,000 5,00,000 b. Reserve and Surplus 1,10,000 1,20,000 10,000 9.09 Shareholders’ Fund 6,10,000 6,20,000 10,000 1.64 2. Non-Current Liabilities a. Long-term Borrowing: (Secured Loans) 5,50,000 4,00,000 (1,50,000) (27.27) (Unsecured Loans) - 1,00,000 1,00,000 3. Current Liabilities a. Trade Payables ( Creditors) 3,80,000 5,80,000 2,00,000 52.63 Total 15,40,000 17,00,000 1,60,000 10.39 II. Assets 1. Non-Current Assets a. Fixed Assets (Tangible) 10,40,000 9,90,000 (50,000) (4.81) 2. Current Assets a. Inventories 2,00,000 3,00,000 1,00,000 50 b. Trade Receivables 2,00,000 3,00,000 1,00,000 50 c. Cash and Cash Equivalents 1,00,000 1,10,000 10,000 10 Total 15,40,000 17,00,000 1,60,000 10.39

#### Page No 2.34:

 Comparative Income Statement for the year ended March 31, 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Income a. Revenue from Operations 7,50,000 10,00,000 2,50,000 33.33 b. Other Income - - - - Total Revenue (a + b) 7,50,000 10,00,000 2,50,000 33.33 II. Expenses a. Employees Benefit Expenses 2,50,000 3,00,000 50,000 20.00 b. Other Expenses 75,000 1,00,000 25,000 33.33 Total 3,25,000 4,00,000 75,000 23.07 Profit before Tax (I – II) 4,25,000 6,00,000 1,75,000 41.18 Less: Income Tax 1,27,500 1,80,000 52,500 41.18 Profit after Tax 2,97,500 4,20,000 1,22,500 41.18

#### Page No 2.34:

 Shyam Ltd. Comparative Income Statement for the year ended March 31, 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Revenue from Operations (Net Sales) 17,50,000 20,00,000 2,50,000 14.29 II. Other Income - - - - III. Total Revenue (I + II) 17,50,000 20,00,000 2,50,000 14.29 IV. Expenses a. Cost of Revenue from Operations 9,75,000 11,70,000 1,95,000 20 b. Operating Expenses 7,700 11,500 3,800 49.35 Total 9,82,700 11,81,500 1,98,800 20.23 Profit before Income Tax 7,67,300 8,18,500 51,200 6.67 Less: Income Tax 3,06,920 3,27,400 20,480 6.67 Profit after Income Tax 4,60,380 4,91,100 30,720 6.67

Note: Carriage inwards is not recorded in Income Statement because it is a direct expense, which is already included in Cost of Revenue from Operations.

#### Page No 2.35:

 Comparative Income Statement for the year ended March 31, 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Revenue from Operations 5,00,000 10,00,000 5,00,000 100.00 II. Other Income 40,000 40,000 - - III. Total Revenue (I + II) 5,40,000 10,40,000 5,00,000 92.59 IV. Expenses a. Cost of Revenue from Operations 2,00,000 4,00,000 2,00,000 100.00 b. Operating Expenses 80,000 1,00,000 20,000 25.00 Total 2,80,000 5,00,000 2,20,000 78.57 Profit before Income Tax 2,60,000 5,40,000 2,80,000 107.69 Less: Income Tax 78,000 1,62,000 84,000 107.69 Profit after Income Tax 1,82,000 3,78,000 1,96,000 107.69

#### Page No 2.35:

 Comparative Income Statement for the year ended March 31, 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Revenue from Operations 8,40,000 16,00,000 7,60,000 90.48 II. Other Income III. Total Revenue (I + II) 8,40,000 16,00,000 7,60,000 90.48 IV. Expenses a. Cost of Revenue from Operations 6,00,000 10,00,000 4,00,000 66.67 b. Operating Expenses 60,000 80,000 20,000 33.33 Total 6,60,000 10,80,000 4,20,000 63.64 Profit before Income Tax 1,80,000 5,20,000 3,40,000 188.89 Less: Income Tax 72,000 2,08,000 1,36,000 188.89 Profit after Income Tax 1,08,000 3,12,000 2,04,000 188.89

Note: Purchases is not recorded in the Income Statement because it is a direct expense, which is already included in Cost of Revenue from Operations.

#### Page No 2.35:

 Comparative Income Statement for the year ended March 31, 2015 and 2016 Particulars 2015 (Rs) 2016 (Rs) Absolute Change (Rs) Percentage Change (%) I. Revenue from Operations (Sales) 3,00,000 3,50,000 50,000 16.67 II. Other Income – – III. Total Revenue (I + II) 3,00,000 3,50,000 50,000 16.67 IV. Expenses a. Purchases of Stock-in-Trade 1,80,000 2,10,000 30,000 16.67 b. Changes in Inventories of Stock-in-Trade 20,000 15,000 (5,000) (25) c. Employees Benefit Expenses 15,000 17,500 2,500 16.67 d. Other Expenses 5,000 7,500 2,500 50 Total 2,20,000 2,50,000 30,000 13.63 Net Profit (III- IV) 80,000 1,00,000 20,000 25

#### Page No 2.35:

 Comparative Income Statement for the year ended March 31, 2015 and 2016 Particulars 2015 (Rs) 2016 (Rs) Absolute Change (Rs) Percentage Change (%) I. Revenue from Operations ( Sales) 2,50,000 3,00,000 50,000 20 II. Other Income – – – – III. Total Revenue (I + II) 2,50,000 3,00,000 50,000 20 IV. Expenses a. Cost of material consumed 1,00,000 1,20,000 20,000 20 b. Changes in Inventories of Stock-in-Trade 5,000 (2,000) (7,000) (140) c. Employees Benefit Expenses 25,000 30,000 5,000 20 d. Other Expenses 20,000 22,000 2,000 10 Total 1,50,000 1,70,000 20,000 13.3 V.Net Profit (III- IV) 1,00,000 1,30,000 30,000 30

#### Page No 2.36:

 Comparative Income Statement for the year ended March 31, 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Revenue from Operations ( Sales) 17,50,000 20,00,000 2,50,000 14.29 II. Other Income 50,000 75,000 25,000 50 III. Total Revenue (I + II) 18,00,000 20,75,000 2,75,000 15.28 IV. Expenses a. Purchases of Stock-in-Trade 10,00,000 11,60,000 1,60,000 16 b. Changes in Inventories of Stock-in-Trade (25,000) 10,000 35,000 140 c. Employees Benefit Expenses i. Wages 3,00,000 3,00,000 – – d. Depreciation and Amortisation Expenses 50,000 50,000 – – e. Other Expenses 75,000 90,000 15,000 20 Total 14,00,000 16,10,000 2,10,000 15 V. Net Profit (III- IV) 4,00,000 4,65,000 65,000 16.25

#### Page No 2.36:

 Comparative Income Statement for the year ended March 31, 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Income a. Revenue from Operations 40,00,000 50,00,000 10,00,000 25 b. Other Income 2,00,000 3,00,000 1,00,000 50 Total Revenue (a + b) 42,00,000 53,00,000 11,00,000 26.19 II. Expenses a. Purchases of Stock-in-Trade 32,00,000 34,00,000 2,00,000 6.25 b. Changes in Inventories of Stock-in-Trade (2,00,000) 1,00,000 3,00,000 150 c. Employees Benefit Expenses 1,00,000 1,00,000 d. Finance Costs 50,000 45,000 (5,000) (10) e. Depreciation and Amortization Expenses 25,000 30,000 5,000 20 f. Other Expenses 3,00,000 3,25,000 25,000 8.33 Total 34,75,000 40,00,000 5,25,000 15.01 Net Profit (I – II) 7,25,000 13,00,000 5,75,000 79.31

#### Page No 2.36:

 Comparative Income Statement for the year ended March 31, 2016 and 2017 Particulars 2016 (Rs) 2017 (Rs) Absolute Change (Rs) Percentage Change (%) I. Revenue from Operations ( Net Sales) 16,00,000 19,20,000 3,20,000 20 II. Other Income 50,000 80,000 30,000 60 III. Total Revenue (I + II) 16,50,000 20,00,000 3,50,000 21.21 IV. Expenses a. Purchases of Stock-in-Trade 9,50,000 11,70,000 2,20,000 23.16 b. Changes in Inventories of Stock-in-Trade 50,000 (10,000) (60,000) (120) c. Employees Benefit Expenses 2,80,000 3,80,000 1,00,000 35.71 d. Other Expenses 1,90,000 1,30,000 (60,000) (31.58) Total 14,70,000 16,70,000 2,00,000 13.61 V. Net Profit before Income Tax (III- IV) 1,80,000 3,30,000 1,50,000 83.3 VI. Less: Income Tax 10,000 20,000 10,000 100 VII. Net Profit after Income Tax (V – VI) 1,70,000 3,10,000 1,40,000 82.35

#### Page No 2.37:

 Common Size Balance Sheet of Luna Ltd. as at March 2016 and 2017 Particulars Absolute Amounts (Rs) Percentage of Balance Sheet Total (%) March 31, 2016 March 31, 2017 March 31, 2016 March 31, 2017 I. Equity and Liabilities 1. Shareholders’ Funds a. Share Capital Equity Share Capital 6,00,000 7,50,000 24 27.27 Preference Share Capital 7,50,000 7,50,000 30 27.27 b. Reserves and Surplus 8,00,000 10,00,000 32 36.36 2. Non-Current Liabilities a. Long-term Borrowings 3,00,000 2,00,000 12 7.28 3. Current Liabilities a. Trade Payables 50,000 50,000 2 1.82 Total 25,00,000 27,50,000 100 100 II. Assets 1. Non-Current Assets a. Fixed Assets- Land & Building 17,50,000 17,50,000 70 63.64 2. Current Assets a. Trade Receivables 6,00,000 7,50,000 24 27.27 b. Cash and Cash Equivalents 1,50,000 2,50,000 6 9.09 Total 25,00,000 27,50,000 100 100

#### Page No 2.37:

 Common Size Balance Sheet of D Ltd. as at March 2016 and 2017 Particulars Absolute Amounts (Rs) Percentage of Balance Sheet Total (%) March 31, 2016 March 31, 2017 March 31, 2016 March 31, 2017 I. Equity and Liabilities 1. Shareholders’ Funds a. Share Capital 3,00,000 3,50,000 50 58.33 2. Non-Current Liabilities a. Long-term Borrowings 2,00,000 1,00,000 33.33 16.67 3. Current Liabilities a. Trade Payables 75,000 1,15,000 12.50 19.17 b. Short-term Provisions 25,000 35,000 4.17 5.83 Total 6,00,000 6,00,000 100 100 II. Assets 1. Non-Current Assets a. Fixed Assets i ) Tangible 3,00,000 4,00,000 50 66.67 2. Current Assets a. Trade Receivables 2,50,000 1,60,000 41.67 26.67 b. Cash and Cash Equivalents 50,000 40,000 8.33 6.67 Total 6,00,000 6,00,000 100 100

#### Page No 2.37:

 Common Size Balance Sheet of Radha Ltd. as at March 2016 and 2017 Particulars Absolute Amounts (Rs) Percentage of Balance Sheet Total (%) March 31, 2016 March 31, 2017 March 31, 2016 March 31, 2017 I. Equity and Liabilities 1. Shareholders’ Funds a. Share Capital 10,00,000 15,00,000 40 39.47 b. Reserves and Surplus 10,00,000 10,00,000 40 26.32 2. Non-Current Liabilities a. Long-term Borrowings 2,00,000 8,00,000 8 21.05 3. Current Liabilities a. Trade Payables 3,00,000 5,00,000 12 13.16 Total 25,00,000 38,00,000 100 100 II. Assets 1. Non-Current Assets a. Fixed Assets i. Tangible 20,00,000 30,00,000 80 78.95 2. Current Assets a. Cash and Cash Equivalents 5,00,000 8,00,000 20 21.05 Total 25,00,000 38,00,000 100 100

#### Page No 2.38:

 Common Size Balance Sheet as at March 2016 and 2017 Particulars Absolute Amount (Rs) Percentage of Balance Sheet Total (%) March 31, 2016 March 31, 2017 March 31, 2016 March 31, 2017 I. Equity and Liabilities 1. Shareholders’ Funds a. Share Capital i. Equity Share Capital 6,00,000 6,00,000 35.29 42.55 ii. Preference Share Capital 4,00,000 2,00,000 23.53 14.18 b. Reserves and Surplus 2,00,000 2,00,000 11.76 14.18 2. Non-Current Liabilities a. Long-Term Borrowings 2,00,000 2,00,000 11.76 14.18 3. Current Liabilities a. Short-Term Borrowings 1,50,000 90,000 8.83 6.39 b. Trade Payables ( Creditors) 1,25,000 1,00,000 7.34 7.09 c. Short-Term Provisions 25,000 20,000 1.47 1.43 Total 17,00,000 14,10,000 100.00 100.00 II. Assets 1. Non-Current Assets a. Fixed Assets i. Tangible 6,00,000 6,00,000 35.30 42.55 ii. Intangible 2,00,000 2,00,000 11.76 14.18 b. Non-Current Investments 2,00,000 2,00,000 11.76 14.18 2. Current Assets a. Inventories 2,50,000 1,75,000 14.71 12.42 b. Trade Receivables 2,75,000 1,45,000 16.18 10.29 c. Cash and Cash Equivalents 1,75,000 90,000 10.29 6.38 Total 17,00,000 14,10,000 100.00 100.00

#### Page No 2.38:

 Common Size Income Statement of Nicholson Ltd. for the year ended March 31,2016 and 2017 Particulars Absolute Amount (Rs) Percentage of Revenue (%) 2016 2017 2016 2017 I. Revenue from Operations 8,00,000 10,00,000 100 100 II. Other Incomes - - - - Total Revenues (I + II) 8,00,000 10,00,000 100 100 III. Expenses (a) Cost of Materials Consumed 4,00,000 5,00,000 50 50 (b) Employees Benefit Expenses 80,000 1,00,000 10 10 (c) Finance Cost 8,000 10,000 1 1 Profit before Income Tax 3,12,000 3,90,000 39 39 Less: Income Tax 1,24,800 1,56,000 15.6 15.6 Profit after Income Tax 1,87,200 2,34,000 23.4 23.4

#### Page No 2.39:

 Common Size Income Statement of Pitambar Ltd. for the year ended March 31,2016 and 2017 Particulars Absolute Amount (Rs) Percentage of Revenue (%) 2016 2017 2016 2017 I. Revenue from Operations 2,40,000 4,00,000 100 100 II. Other Incomes 40,000 50,000 16.67 12.5 Total Revenues (I + II) 2,80,000 4,50,000 116.67 112.5 III. Expenses (a) Cost of Materials Consumed 96,000 1,60,000 40 40 (b) Other Expenses 19,200 16,000 8 4 Profit before Income Tax 1,64,800 2,74,000 68.67 68.5 Less: Income Tax 65,920 1,09,600 27.47 27.4 Profit after Income Tax 98,880 1,64,400 41.20 41.10