CBSE 2024 · Region 1 · Set 1 · Q33

From the given Balance Sheet of Geox Ltd., prepare Common Size Balance Sheet : Balance Sheet of Geox Ltd. as at 31st March, $\displaystyle 2023$ Note $\displaystyle 31.3.2023$ $\displaystyle 31.3.2022$ Particulars No. < < I Equity and Liabilities : 1. (a) Share Capital $\displaystyle 4,00,000$ $\displaystyle 2,50,000$ 2. Non-Current Liabilities (a) Long-term Borrowings $\displaystyle 2,00,000$ $\displaystyle 1,50,000$ 3. Current Liabilities (a) Trade Payables $\displaystyle 2,00,000$ $\displaystyle 1,00,000$ Total $\displaystyle 8,00,000$ $\displaystyle 5,00,000$ II Assets : 1. Non-Current Assets (a) Fixed Assets/Property, Plant and Equipment and Intangible Assets $\displaystyle 4,00,000$ $\displaystyle 3,50,000$ 2. Current Assets (a) Inventories $\displaystyle 2,00,000$ $\displaystyle 70,000$ (b) Trade Receivables $\displaystyle 2,00,000$ $\displaystyle 80,000$ Total $\displaystyle 8,00,000$ $\displaystyle 5,00,000$

OR

From the following information, prepare a Comparative Statement of Profit and Loss for the year ended 31st March, $\displaystyle 2022$ and $\displaystyle 2023$ : Note $\displaystyle 2022$ $\displaystyle 23$ $\displaystyle 2021$ $\displaystyle 22$ Particulars No. (<) (<) Revenue from operations $\displaystyle 10,00,000$ $\displaystyle 8,00,000$ Employee benefit expenses $\displaystyle 2,50,000$ $\displaystyle 1,00,000$ Other expenses $\displaystyle 5,50,000$ $\displaystyle 4,00,000$ Tax rate $\displaystyle 50$%