0
0 Comments

From the following information, prepare a Common-Size Balance Sheet:

 

Balance Sheet as at 31st March, 2024

Particulars 31st March, 2024 (₹) 31st March, 2023 (₹)
I. EQUITY AND LIABILITIES    
1. Shareholder’s Funds (a) Share Capital (b) Reserve and Surplus 32,00,000 8,00,000 18,00,000 6,00,000
2. Non-Current Liabilities Long-term Borrowings 16,00,000 12,00,000
3. Current Liabilities Short-term Borrowings 8,00,000 12,00,000
Total 64,00,000 48,00,000
II. ASSETS    
1. Non-Current Assets (a) Property, Plant and Equipment and Intangible Assets: Property, Plant and Equipment (b) Non-Current Investments 18,00,000 8,00,000 16,00,000 6,00,000
2. Current Assets (a) Inventories (b) Trade Receivables (c) Cash and Cash Equivalents 10,00,000 16,00,000 12,00,000 8,00,000 12,00,000 6,00,000
Total 64,00,000 48,00,000

 

[Ans.: Year ended 31st March, 2023: Share Capital = 37.5%; Reserves and Surplus = 12.5%; Non-Current Liabilities = 25%; Current Liabilities = 25%; Fixed Assets = 33.33%; Non-Current Investments = 12.5%, Inventories = 16.67%; Trade Receivables = 25%; Cash and Cash Equivalents = 12.5%. Year ended 31st March, 2024: Share Capital = 50%; Reserves and Surplus = 12.5%; Non

Anurag Pathak Changed status to publish 18 hours ago
Add a Comment