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Required: After proper observation of both the statements, you are required to write a report on the components that are similar and different in both the structures of statements. Also, discuss in the report the detailed meaning of components of the statements. (10 Marks)

Balance Sheet as at 31st March, 2018 Amount in Rupees Notes 21024815 31.03.2018 31.03.2017 3,057 ASSETS Non - current assets Other non-current assets Current assets (a) Financial Assets (i) Investments (ii) Trade and other receivables (iii) Cash and cash equivalents (b) Other Current Assets Total Assets 802.444 874,979 24.938 13,183 5.250 105.466 918,350 910,967 EQUITY AND LIABILITIES Equity (a) Equity Share capital (b) Other Equity 100,000 751,149 100,000 774,142 851,149 874.142 (2) LIABILITIES Current liabilities Other current liabilities 36,825 67,201 918,350 Total Equity and Liabilities 910,967 Significant Accounting Policies See accompanying Notes to the Financial Statements 1 to 19 ABITAT HOUSE, INC. TATEMENTS OF FINANCIAL POSITION ine 30, 20X7 and 20X6 20X7 20x6 $ 29,907 62,378 SSETS Cash and cash equivalents Short-term investments Accounts receivable Prepaid expenses Unconditional promises to give Cash restricted to purchase of equipment Long-term investments Contribution receivable-charitable lead trust Deposits on leased and other property Property and equipment $ 15,655 24,833 1,355 8,845 190,304 6,402 198, 188 30,000 64,875 206,800 1,000 648,410 13,282 230,000 1,500 664,342 TOTAL ASSETS $ 1.247.960 $ 1.150.116 $- IABILITIES Accounts payable Compensation Refundable advances Long-term debt $3,445 8,145 4,284 2,132 79.991 85.930 TOTAL LIABILITIES 86,407 97,520 HET ASSETS Unrestricted Designated for new program development Undesignated Temporarily restricted Permanently restricted 50,000 612,559 492,125 6,869 612,499 435,932 4.165 TOTAL NET ASSETS 1.161.553 1.052.596

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