Q. 21 DK Goel Common Size Statements Solutions CBSE (2024-25)
Solutions of Question number 21 of DK Goel Common Size Statements chapter solutions of CBSE Board (2024-25).
Prepare a Common Size Balance Sheet of KJ Ltd. from the following information:-
| Particulars | 31.3.2017 | 31.3.2016 |
| I. EQUITY AND LIABILITIES: | ||
| (1) Shareholder’s Funds | 8,00,000 | 4,00,000 |
| (2) Non-Current Liabilities | 5,00,000 | 2,00,000 |
| (3) Current Liabilities | 3,00,000 | 2,00,000 |
| Total | 16,00,000 | 8,00,000 |
| II. ASSETS: | ||
| (1) Non-Current Assets: Property, Plant and Equipment and Intangible Assets | 10,00,000 | 5,00,000 |
| (2) Current Assets | 6,00,000 | 3,00,000 |
| Total | 16,00,000 | 8,00,000 |
[Ans.]
| 31.3.2016 | 31.3.2017 | |
| Shareholder’s Funds | 50.00 | 50.00 |
| Non-Current Liabilities | 25.00 | 31.25 |
| Current Liabilities | 25.00 | 18.75 |
| Non-Current Assets: Property, Plant and Equipment and Intangible Assets | 62.50 | 62.50 |
| Current Assets | 37.50 | 37.50 |
Solution:-
Common Size Balance Sheet of KJ Ltd.
as at 31st March of previous year and current year
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