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Prepare a Common Size Balance Sheet from the Following Balance Sheet of Aditya Ltd. and Anjali Ltd.: - Accountancy

Sum

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.

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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

Concept: Common Size Statements
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APPEARS IN

NCERT Class 12 Accountancy - Company Accounts and Analysis of Financial Statements
Chapter 4 Analysis of Financial Statements
Numerical Questions | Q 6 | Page 187
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