English

What is the meaning of common size balance sheet? - Accounts

Advertisements
Advertisements

Question

What is the meaning of common size balance sheet?

Short Answer
Advertisements

Solution

A common balance sheet specifies a total of 100 for assets, equity, and liabilities and expresses all statistics as percentages of the total. In other words, each asset is expressed as a percentage of total assets, as is each equity and liability item.

shaalaa.com
  Is there an error in this question or solution?
Chapter 12: Common Size Statements - SHORT ANSWER QUESTIONS [Page 12.19]

APPEARS IN

D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 12 Common Size Statements
SHORT ANSWER QUESTIONS | Q 2. | Page 12.19
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×