Question:
Prepare a Common Size Balance Sheet of X Ltd. from the following information:
% Table for Balance Sheet
\[
\begin{array}{|c|c|c|c|}
Particulars & Note No. & 31.03.2023 (\( \text{\rupee} \)) & 31.03.2022 (\( \text{\rupee} \))
\multicolumn{4}{|c|}{I. Equity and Liabilities}
\text{Shareholders' Funds} & & &
\quad (a) \, \text{Equity Share Capital} & & 30,00,000 & 15,00,000
\quad (b) \, \text{Reserves and Surplus} & & 10,00,000 & 5,00,000
\text{Non-Current Liabilities} & & 20,00,000 & 10,00,000
\text{Current Liabilities} & & 20,00,000 & 20,00,000
Total & & 80,00,000 & 50,00,000
\multicolumn{4}{|c|}{II. Assets}
\text{Non-Current Assets} & & 40,00,000 & 30,00,000
\text{Current Assets} & & &
\quad (a) \, \text{Inventories} & & 40,00,000 & 20,00,000
Total & & 80,00,000 & 50,00,000
\end{array}
\]
Prepare a Common Size Balance Sheet of X Ltd. from the following information:
% Table for Balance Sheet
\[
\begin{array}{|c|c|c|c|}
Particulars & Note No. & 31.03.2023 (\( \text{\rupee} \)) & 31.03.2022 (\( \text{\rupee} \))
\multicolumn{4}{|c|}{I. Equity and Liabilities}
\text{Shareholders' Funds} & & &
\quad (a) \, \text{Equity Share Capital} & & 30,00,000 & 15,00,000
\quad (b) \, \text{Reserves and Surplus} & & 10,00,000 & 5,00,000
\text{Non-Current Liabilities} & & 20,00,000 & 10,00,000
\text{Current Liabilities} & & 20,00,000 & 20,00,000
Total & & 80,00,000 & 50,00,000
\multicolumn{4}{|c|}{II. Assets}
\text{Non-Current Assets} & & 40,00,000 & 30,00,000
\text{Current Assets} & & &
\quad (a) \, \text{Inventories} & & 40,00,000 & 20,00,000
Total & & 80,00,000 & 50,00,000
\end{array} \]
\multicolumn{4}{|c|}{I. Equity and Liabilities}
\text{Shareholders' Funds} & & &
\quad (a) \, \text{Equity Share Capital} & & 30,00,000 & 15,00,000
\quad (b) \, \text{Reserves and Surplus} & & 10,00,000 & 5,00,000
\text{Non-Current Liabilities} & & 20,00,000 & 10,00,000
\text{Current Liabilities} & & 20,00,000 & 20,00,000
Total & & 80,00,000 & 50,00,000
\multicolumn{4}{|c|}{II. Assets}
\text{Non-Current Assets} & & 40,00,000 & 30,00,000
\text{Current Assets} & & &
\quad (a) \, \text{Inventories} & & 40,00,000 & 20,00,000
Total & & 80,00,000 & 50,00,000
\end{array} \]
Show Hint
In a Common Size Balance Sheet:
Express each item as a percentage of the total assets/liabilities.
Use this format to analyze the relative size and proportion of each component.
Updated On: Jan 28, 2025
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Solution and Explanation
Common Size Balance Sheet
\[
\begin{array}{|c|c|c|c|}
Particulars & 31.03.2023 (\%) & 31.03.2022 (\%)
\text{Shareholders' Funds} & 50\% & 40\%
\quad \text{Equity Share Capital} & 37.5\% & 30\%
\quad \text{Reserves and Surplus} & 12.5\% & 10\%
\text{Non-Current Liabilities} & 25\% & 20\%
\text{Current Liabilities} & 25\% & 40\%
Total & 100\% & 100\%
\text{Non-Current Assets} & 50\% & 60\%
\text{Current Assets} & 50\% & 40\%
\quad \text{Inventories} & 50\% & 40\%
Total & 100\% & 100\%
\end{array} \]
\text{Shareholders' Funds} & 50\% & 40\%
\quad \text{Equity Share Capital} & 37.5\% & 30\%
\quad \text{Reserves and Surplus} & 12.5\% & 10\%
\text{Non-Current Liabilities} & 25\% & 20\%
\text{Current Liabilities} & 25\% & 40\%
Total & 100\% & 100\%
\text{Non-Current Assets} & 50\% & 60\%
\text{Current Assets} & 50\% & 40\%
\quad \text{Inventories} & 50\% & 40\%
Total & 100\% & 100\%
\end{array} \]
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