From the following Balance Sheets of Dinesh Ltd.Particulars2019Rs.2020Rs.2021Rs.Equity & Liabilities Equity Share Capital50080090012% preference Share Capital400200300General Reserve12021028014% Debentures100250150Creditors80120140Bills Payable1008060Outstanding Expenses203010 1,3201,6901,840Assets Fixed Assets500700700Investments300330420Stock200100200Debtors150200250Bills Receivable90270200Cash507060Preliminary Expenses302010Total1,3201,6901,840Prepare Trend analysis statement with comments.?

Statement of financial position is the part of financial statements of a company which shows its…

Answered: From the following Balance Sheets of…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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From the following Balance Sheets of Dinesh Ltd.

Particulars	2019 Rs.	2020 Rs.	2021 Rs.
Equity & Liabilities
Equity Share Capital	500	800	900
12% preference Share Capital	400	200	300
General Reserve	120	210	280
14% Debentures	100	250	150
Creditors	80	120	140
Bills Payable	100	80	60
Outstanding Expenses	20	30	10
	1,320	1,690	1,840
Assets
Fixed Assets	500	700	700
Investments	300	330	420
Stock	200	100	200
Debtors	150	200	250
Bills Receivable	90	270	200
Cash	50	70	60
Preliminary Expenses	30	20	10
Total	1,320	1,690	1,840

Prepare Trend analysis statement with comments.?

Definition Definition Financial statement that provides a snapshot of an organization's financial position at a specific point in time. It summarizes a company's assets, liabilities, and shareholder's equity, detailing what the company owns, what it owes, and what is left over for its owners. The balance sheet serves as a crucial tool to assess the financial health and stability of a company, as well as to help management make informed decisions about its future investments and financial obligations.

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