Q. 22 DK Goel Common Size Statements Solutions CBSE (2024-25)

Share your love

Solutions of Question number 22 of DK Goel Common Size Statements chapter solutions of CBSE Board (2024-25).

From the following Balance Sheet of R Ltd., Prepare a Common Size Statement:

Balance Sheet as at 31st March, 2018

Particulars31.3.201831.3.2017
I. EQUITY AND LIABILITIES:
(1) Shareholder’s Funds
(a) Share Capital
(b) Reserve and Surplus
2,50,000
80,000
2,00,000
60,000
(2) Current Liabilities:
(a) Trade Payables
70,00040,000
Total4,00,0003,00,000
II. ASSETS:
(1) Non-Current Assets:
(a) Property, Plant and Equipment and Intangible Assets:
(i) Property, Plant and Equipment
(ii) Intangible Assets
1,60,000
20,000
1,20,000
30,000
(2) Current Assets
(a) Inventories
(b) Trade Receivables
(c) Cash and Cash Equivalents
80,000
1,20,000
20,000
30,000
1,00,000
20,000
Total4,00,0003,00,000

[Ans.]

Particulars31.3.201831.3.2017
I. EQUITY AND LIABILITIES:
(a) Share Capital
(b) Reserve and Surplus
66.67
20
62.50
20
(a) Trade Payables13.3317.50
Total100100
II. ASSETS:
(i) Property, Plant and Equipment
(ii) Intangible Assets
40
10
40
5
(a) Inventories
(b) Trade Receivables
(c) Cash and Cash Equivalents
10
33.33
6.67
20
30
5
Total100100

Solution:-

Common Size Balance Sheet of R. Ltd.
as at 31st March Previous Year and Current Year

Following is the list of all solutions

S.N.Solutions
1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
9Question – 9
10Question – 10
S.N.Solutions
11Question – 11
12Question – 12
13Question – 13
14Question – 14
15Question – 15
16Question – 16
17Question – 17
18Question – 18
19Question – 19
20Question – 20
21Question – 21
22Question – 22
23Question – 23
Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

Articles: 8906

Leave a Reply

Your email address will not be published. Required fields are marked *