Question

From the following particulars, prepare a common size balance sheet of Rima Ltd.

Particulars	31.3.2024 (₹)	31.3.2023 (₹)
Share Capital	33,00,000	32,00,000
Property, Plant and Equipment and Intangible Assets	40,00,000	35,00,000
6% Government Bonds	6,00,000	6,00,000
5% Debentures	16,00,000	14,00,000
Reserves and Surplus	2,00,000	5,00,000
Short Term Investment	4,00,000	5,00,000
Inventories	6,00,000	8,00,000
Trade Payables	6,00,000	5,00,000
Cash and Bank Balance	1,00,000	2,00,000

Answer 1

Common Size Balance Sheet of Rima Ltd. as at 31st March, 2024 and 2023
Particulars	Note No.	Absolute Amounts		Percentage of Balance Sheet Total
		31.3.2024 (₹)	31.3.2023 (₹)	31.3.2024 (₹)	31.3.2023 (₹)
I. EQUITY AND LIABILITIES:
1. Shareholder’s Funds:
(a) Share Capital		33,00,000	32,00,000	57.89	57.14
(b) Reserves & Surplus		2,00,000	5,00,000	3.51	8.93
2. Non-Current Liabilities:
Long-term Borrowings		16,00,000	14,00,000	28.07	25.00
3. Current Liabilities:
Trade Payable		6,00,000	5,00,000	10.53	8.93
Total		57,00,000	56,00,000	100	100
II. ASSETS:
1. Non-Current Assets:
(a) Property, Plant and Equipment and Intangible Assets		40,00,000	35,00,000	70.17	62.50
(b) Non-current Investments		6,00,000	6,00,000	10.53	10.71
2. Current Assets:
(a) Current Investments		4,00,000	5,00,000	7.02	8.93
(b) Inventories		6,00,000	8,00,000	10.53	14.29
(c) Cash & Bank Balance		1,00,000	2,00,000	1.75	3.57
Total		57,00,000	56,00,000	100	100