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Subjective Part Q.No. 2 The following is the Balance Sheet of Dewan Autos Limited for the years ending 31 December, 2020 and 2021. Liabilities Non-Current
Subjective Part Q.No. 2 The following is the Balance Sheet of Dewan Autos Limited for the years ending 31 December, 2020 and 2021. Liabilities Non-Current Liabilities Equity share capital Reserves & Surpluses Debentures Long Term Debt Current Liabilities Bank overdraft Bills payable Total 2021 Rs. 7,200 4,248 1,200 3,060 120 1,404 2020 Rs. Non Current Assets 4,800 Net fixed Assets 3,744 Long term investments 600 1,800 84 3,060 Assets Current Assets Accounts Receivable Inventories Prepaid expenses Other current Assets Cash in hand 17,232 14,088 Total Aeso otique box? 2021 Rs. 12,088 708 2,240 1,560 36 480 120 17,232 2020 Rs. 7,308 552 2,508 1,920 Qirge 36 348 1,416 14,088 Required:-Prepare a comparative Balance Sheet of the company and interpret its financial position.
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