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Question
Prepare a Common Size balance sheet from the following balance sheet of Aditya Ltd. and Anjali Ltd.:
| Particulars | Aditya Ltd. Rs. |
Anjali Ltd. Rs. |
| I. Equity and Liabilities | ||
|
a) Equity share capital |
6,00,000 | 8,00,000 |
|
b) Reserves and surplus |
3,00,000 | 2,50,000 |
|
c) Current liabilities |
1,00,000 | 1,50,000 |
| Total | 10,00,000 | 12,00,000 |
| II. Assets | ||
|
a) Fixed assets |
4,00,000 | 7,00,000 |
|
b) Current assets |
6,00,000 | 5,00,000 |
| Total | 1,00,0000* | 12,00,000 |
*The total of Liabilities side must be equal to the total of Assets side, therefore, it should be 10,00,000.
Solution
Common Size Balance Sheet
|
Particulars |
Aditya Ltd. (Rs) |
Anjali Ltd. (Rs) |
% of Total |
|
|
Aditya Ltd. |
Anjali Ltd. |
|||
|
I. Equity and Liabilities |
|
|
|
|
|
1. Shareholder’s Fund |
|
|
|
|
|
a. Equity Share Capital |
6,00,000 |
8,00,000 |
60 |
66.67 |
|
b. Reserves and Surplus |
3,00,000 |
2,50,000 |
30 |
20.83 |
|
2. Current Liabilities |
1,00,000 |
1,50,000 |
10 |
12.5 |
|
Total |
10,00,000 |
12,00,000 |
100 |
100 |
|
II. Assets |
|
|
|
|
|
1. Non-Current Assets |
|
|
|
|
|
a. Fixed Assets |
4,00,000 |
7,00,000 |
40 |
58.33 |
|
2. Current Assets |
6,00,000 |
5,00,000 |
60 |
41.67 |
|
Total |
10,00,000 |
12,00,000 |
100 |
100 |
APPEARS IN
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||
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|
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Note No. |
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| I. Income | ||
|
Revenue from Operations |
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|
Other Income |
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|
|
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|
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|
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|
Particulars |
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| I. EQUITY AND LIABILITIES | ||
|
1. Shareholders' Funds |
||
|
(a) Share Capital |
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|
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3,50,000 |
|
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|
|
|
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|
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|
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||
|
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