Following is the summarised Balance Sheet of Wye Ltd. As at 31st March, 2019:

Notes to accounts

You are required to comment upon the changes in absolute figures from one period to another

Answer

Share Capital: No change; Reserves and Surplus-₹10,000 (Increase); Long-term Borrowings:
Bank Loan- ₹1,00,000 (Decrease); 8% Debentures- ₹1,00,000 (Increase);
Long-term Provisions-₹50,000 (Decrease); Current Liabilities- ₹2,00,000 (Increase):
Fixed Assets (Tangible)-₹ 50,000 (Decrease); Current Assets- ₹2,10,000 (increase)