Q. 2 DK Goel Common Size Statements Solutions CBSE (2024-25)
Solutions of Question number 2 of DK Goel Common Size Statements chapter solutions of CBSE Board (2024-25)
The following balance sheet relate to Modern Computers Ltd. convert these into common size balance Sheet and interpret the same:
| Particulars | 2024 | 2023 |
| I. EQUITY AND LIABILITIES | ||
| (1) Shareholder’s Funds: (a) Share Capital (b) Reserves and Surplus | 3,00,000 6,50,000 | 3,00,000 4,36,000 |
| (2) Non-Current Liabilities Long-term Borrowings | 2,50,000 | 2,00,000 |
| (3) Current Liabilities (a) Trade Payables (b) Short-term Provisions | 2,85,000 15,000 | 2,40,000 24,000 |
| Total | 15,00,000 | 12,00,000 |
| II. ASSETS: | ||
| (1) Non-Current Assets: (a) Property, Plant and Equipment and Intangible Assets (b) Non-Current Investments | 5,00,000 3,10,000 | 5,00,000 1,96,000 |
| (2) Current Assets: (a) Inventory (b) Trade Receivables (c) Cash & Cash Equipvalents | 3,69,000 2,25,000 96,000 | 2,58,000 1,98,000 48,000 |
| Total | 15,00,000 | 12,00,000 |
Answer:-
| 2023 (%) | 2024 (%) | |
| Share Capital | 25 | 20 |
| Reserve & Surplus | 36.33 | 43.33 |
| Non-Current Liabilities | 16.67 | 16.67 |
| Trade Payables | 20 | 19 |
| Short term Provisions | 2 | 1 |
| Property, Plant and Equipment and Intangible Assets | 41.67 | 33.33 |
| Non-Current Investments | 16.33 | 20.67 |
| Inventory | 21.5 | 24.6 |
| Trade Receivables | 16.5 | 15 |
| Cash & Cash Equivalents | 4 | 6.4 |
Solution:-
Common Size Balance Sheet of Modern Computers Ltd.
as at 31st March of Previous year and current year
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