Meaning:
A vertical balance sheet is one in which the accounting report format or design is shown in a sole column of numbers, starting with resource or asset details, trailed by liability details, and finishing with investors’ value or shareholders’ equity details. Inside every one of these classes, details are introduced in the diminishing order of liquidity. In this manner, the presentation inside the highest category of details (for resources or assets) starts with cash and, for the most part, finishes with fixed resources (which are significantly less liquid than money) or altruism. Also, the liabilities category starts with creditor liabilities or accounts payable and ordinarily finishes with long-term obligation or debt, for a similar explanation.
The goal of a vertical balance sheet is for the peruser to make examinations and comparisons between the numbers on the monetary record for a solitary period. For instance, somebody may compare the total current resources or assets with the total current liabilities to appraise the liquidity of a business as of the accounting report or balance sheet date.
Format of a Vertical Balance Sheet:
(Amount in rupees)
|
Particulars |
Note No. |
Figures as at the end of the current reporting period |
Figures as at the end of the previous reporting period |
|
I. EQUITY AND LIABILITIES |
|||
|
1.Shareholders’ Funds |
|||
|
a.Share Capital |
XXXX |
XXXX |
|
|
b.Reserves and Surplus |
XXXX |
XXXX |
|
|
c.* Money Received Against Share Warrants |
XXXX |
XXXX |
|
|
2. * Share Application Money Pending Allotment |
|||
|
3. Non-current Liabilities |
|||
|
a.Long-term Borrowings |
XXXX |
XXXX |
|
|
b.* Deferred Tax Liabilities (Net) |
XXXX |
XXXX |
|
|
c.* Other Long-term Liabilities |
XXXX |
XXXX |
|
|
d.Long-term Provisions |
XXXX |
XXXX |
|
|
4. Current Liabilities |
|||
|
a.Short-term Borrowings |
XXXX |
XXXX |
|
|
b.Trade Payables |
XXXX |
XXXXX |
|
|
c.Other Current Liabilities |
XXXX |
XXXX |
|
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d.Short-term Provisions |
XXXX |
XXXX |
|
|
Total |
|||
|
II. ASSETS |
|||
|
1.Non-current Assets |
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|
a.Fixed Assets |
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|
1.Tangible Assets |
XXXX |
XXXX |
|
|
2.Intangible Assets |
XXXX |
XXXX |
|
|
3.* Capital Work-in-progress |
XXXX |
XXXX |
|
|
4.Intangible Assets under Development |
XXXX |
XXXX |
|
|
b. Non-current Investments |
XXXX |
XXXX |
|
|
c.* Deferred Tax Assets (Net) |
XXXX |
XXXX |
|
|
d. Long-term Loans and Advances |
XXXX |
XXXX |
|
|
e.* Other Non-current Assets |
XXXX |
XXXX |
|
|
2. Current Assets |
|||
|
a.Current Investments |
XXXX |
XXXX |
|
|
b.Inventories |
XXXX |
XXXX |
|
|
c. Trade Receivables |
XXXX |
XXXX |
|
|
d. Cash and Cash Equivalents |
XXXX |
XXXX |
|
|
e. Short-term Loans and Advances |
XXXX |
XXXX |
|
|
f. Other Current Assets |
XXXX |
XXXX |
|
|
Total |
Note: The ( * ) star marked items will not be evaluated in the accounting treatment as per the CBSE circular.
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