What is a Comparative Balance Sheet? Post category:Accountancy Reading time:1 mins read SOLUTION A Comparative Balance Sheet shows the increase and decrease in various assets liabilities and capital in two or more balance sheets of the same business enterprise on different dates. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat are comparative financial statements? Next PostWhat is a Comparative Statement of Profit & Loss? You Might Also Like What is meant by redemption of debentures out of Profits? September 30, 2022 S. Singh Limited obtained a loan of Rs. 5,00,000 from State Bank of India @ 10% p.a. interest. The company issued Rs. 7,50,000, 10% Debentures of Rs. 100 each in favour of State Bank of India as Collateral Security. Pass necessary Journal entries for the above transactions: (i) When company decided not to record the issue of 10% Debentures as Collateral Security. (ii) When company decided to record the issue of 10% Debentures as Collateral Security. July 18, 2022 What is the effect of admission of a new partner on Partnership? October 7, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
S. Singh Limited obtained a loan of Rs. 5,00,000 from State Bank of India @ 10% p.a. interest. The company issued Rs. 7,50,000, 10% Debentures of Rs. 100 each in favour of State Bank of India as Collateral Security. Pass necessary Journal entries for the above transactions: (i) When company decided not to record the issue of 10% Debentures as Collateral Security. (ii) When company decided to record the issue of 10% Debentures as Collateral Security. July 18, 2022