a)The following is the Balance Sheets of Jack. Ltd. as at 31 March 2020 and 2021.

Particulars	Notes	31March	31 March
		2021	2020
		Ksh	Ksh
Equity and Liabilities 1. Shareholders' Funds Share capital		2000000	1500000
Reserve and surplus		300000	400000
2. Non-current Liabilities Long-term borrowings		900000	600000
3. Current liabilities Trade payables Total Assets 1. Noncurrent assets Fixed assets - Tangible assets		300000	200000
3500000	2700000
2000000	1500000
- Intangible assets		900000	600000
2. Current assets - Inventories		3,00,000	400000
- Cash and cash equivalents Total		3,00,000	200000
3500000	2700000

Required: develop a Comparative balance sheet and interpret results. (10 marks)