The above illustration, can also be worked out by 'net change method": Opening Balance Sheet (Converted) Conversion Historical CPP Factor $. $. Historical Conversion Factor CPP $. Share Plant & 1,00,000 1.5 1,50,000 1,00,000 1.5 1,50,000 Capital Machinery Bank Loan 25,000 1.5 37,500 Stock 30,000 1.5 45,000 Creditors 35,000 1.5 52,500 Debtors 18,000 1.5 27,000 Reserve (Balancing figure) 2,40,000 Cash 12,000 1.5 18,000 2.40,000