VERTICAL BALANCE SHEET

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:

Name of the company

Balance sheet as on XXXXXXXX

(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

d.Short-term Provisions

XXXX

XXXX

Total

II. ASSETS

1.Non-current Assets

a.Fixed Assets

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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