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ILLUSTRATION 1.1. NFand 2017, prepare a Comparative Balance Sheet :ParticularsNo.₹2.10,00,0002,00,0005,00.0003,00,000I. EQUITY AND LIABILITIES:1. Shareholder's Funds:(a) Share Capital(b) Reserves and Surplus2. Non-Current LiabilitiesLong term Borrowings3. Current LiabilitiesTrade Payables8,00,0005,00.000Wor4,00,00024,00,0002,00,00015,00,000TOTALII. ASSETS:1. Non Current AssetsFixed Assets :(i) Tangible Assets(ii) Intangible Assets2. Current Assets(a) Inventories(b) Cash and Bank Balance14,00,0003,00,0008,00,0002,00,000IL5,00,000 4,00.0002,00,000 1,00,00024,00,000 15,00,000TOTAL*As per Revised Format, Balance Sheet of current year will be given first.From the following Balance Sheets of Usha Chemicals Ltd. as at 31st March, 2018Note 31.3.2018* 31.3.2018​

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