Preparation of comparative balance sheet, Managerial Accounting

Preparation of comparative balance sheet, Managerial Accounting

Assignment Help:

Problem

From the following balance sheets of Dramas Ltd., compute the trend percentages using 31st December 2005 as the base year.

Assets & Liabilities Amount

2005 2006 2007

Liabilities:

Share capital       2,00,000    2,50,000    3,00,000
Reserves                     1,00,000 1,50,000     1,50,000
Loans                            2,00,000   1,00,000        50,000
Creditors                       3,00,000   4,00,000     2,00,000
                                    8,00,000   9,00,000    7,00,000

Assets:

Buildings 2,00,000    2,50,000     3,00,000
Plant                             2,00,000    2,50,000     1,00,000
Stock    2,50,000    2,50,000     1,50,000
Debtors 1,00,000    1,00,000 1,00,000
Cash at Bank                    50,000      50,000        50,000
                                    8,00,000    9,00,000     7,00,000

Preparation of comparative balance sheet with the increase or decrease in percentage
Conclusions

Related Discussions:- Preparation of comparative balance sheet

Innova uses 1, Innova uses 1,056 units of the component IMC2 every month to...

Innova uses 1,056 units of the component IMC2 every month to manufacture one of its products. The unit costs incurred to manufacture the component are as follows. Direct material

Job Order Costing, Salialailai Ltd manufactures water tanks for different s...

Salialailai Ltd manufactures water tanks for different sizes for use by industrial customers. The company uses a job costing system, in which manufacturing overhead is applied on t

Accrued expenses, The other source of spontaneous short-term financing is t...

The other source of spontaneous short-term financing is the accrued expenses which arise by the general conduct of business. An accrued expense is an expense which has been incurre

What are the advantages of cost accounting, What are the Advantages of cost...

What are the Advantages of cost accounting: 1. Cost accounting as an aid to management: cost accounting helps the management in carrying out of its functions, planning, organ

How can we draw a break even chart, How can we draw a break even chart ...

How can we draw a break even chart Under this method the variable cost line is drawn first and then fixed cost line is drawn over and parallel to the variable cost line. The fi

#, Describe the important role that the corporate level strategy has in rel...

Describe the important role that the corporate level strategy has in relation to the development of the business and functional strategy in a multi -business organization

Comparing between real and planned outcomes , Comparing real and planned ou...

Comparing real and planned outcomes and responding to Divergences from Plan The final phases in the process outlined in figure shown below of comparing real and planned outcome

Vertical balance sheet, advantages of vertical balance sheet \

advantages of vertical balance sheet \

Facets of cash management, Cash management is related along with the manage...

Cash management is related along with the management of: Cash outflows and inflows of the firm Cash flows inside the firm Cash balances as financing deficit and inve

Managerial Accounting for managers, how much is this service?

how much is this service?

Write Your Message!

Name

Email id

Message

Verfication Code

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd