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STAR LTD COMPARATIVE BALANCE SHEET As at March 31, 2015 and 2016 Particulars 2015 2016 Absolute age Change Change A EQUITY AND LIABILITIES 1. Shareholder's Fund Share Capital 60,00,000-40,00,000 Reserve and Surplus General Reserve 15,00,000 10,00,000 2. Non-Current Liabilities Long term borrowing 4,00,000 6,00,000 10x Debentures 3. Current Liabilities Trade Payables 3,00.000 4,00,000 Creditors Short term Provisions: 1.50,000 1,00,000 Provision for Doubtful Debts TOTAL 83,50.00061,00,000 B. ASSETS 1. Non-Current Assets Fixed Assets Tangible Assets: Plant and 50,00,00045,00,000 Machinery 23,00,000 10,00,000 Non-Current Investment 7,50,000 4,00,000 2. Current Assets Trade Receivables 3,00,000 2,00,000 Debtors Cash and Cash Equivalent Cash at Bank TOTAL 83,50,000 61,00,000 Q-2 Prepare Comparative Statement of Profit and Loss from the following Information. Particulars March 31, March 31, 2015 2016 (1) Net Revenue from operations 225 240 ) Other income 25 60 (3) Employee Benefit Expenses 85 100 - Other Experses 95 20 A-2 COPARATIVE STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED MARCH 31, 2015 AND 2016 Particulars 2015 2016 Absolute Relative Change Xage Change Increase decrease 1. Net Revenue from Operations 2 Other Income Total Revenue (1-2) Employee Benefit Expenses 5. Other Expenses Total Expenses 7. Profit Before Tax (3-6)