From the following Balance Sheets of Sun Ltd., as at 31st March, 2024 prepare a Common Size Balance Sheet
From the following Balance Sheets of Sun Ltd., as at 31st March, 2024 prepare a Common Size Balance Sheet.
Balance Sheet as at 31st March, 2024
| Particulars | Note. No. | 31.3.2024 |
| I. EQUITY AND LIABILITIES: | ||
|
(1) Shareholder’s Funds (a) Share Capital (b) Reserves & Surplus |
40,00,000 6,00,000 |
|
|
(2) Non-Current Liabilities Long-term Borrowings |
12,00,000 | |
|
(3) Current Liabilities Trade Payables |
2,00,000 | |
| Total | 60,00,000 | |
| II. ASSETS: | ||
|
(1) Non-Current Assets (a) Property, Plant and Equipment and Intangible Assets (i) Property, Plant and Equipment (ii) Intangible Assets |
40,00,000 2,00,000 |
|
|
(2) Current Assets (a) Inventories (b) Cash and Cash Equivalents |
12,00,000 6,00,000 |
|
| Total | 60,00,000 |
[Ans.]
Share Capital 66.67%; Reserve & Surplus 10%; Non-Current Liabilities 20%; Current Liabilities 3.33%; Property, Plant and Equipment 66.67%; Intangible Assets 3.33%; Inventories
Anurag Pathak Changed status to publish January 20, 2025
