Question

Prepare a Common Size balance sheet from the following balance sheet of Aditya Ltd. and Anjali Ltd.:

Particulars	Aditya Ltd. Rs.	Anjali Ltd. Rs.
I. Equity and Liabilities
a) Equity share capital	6,00,000	8,00,000
b) Reserves and surplus	3,00,000	2,50,000
c) Current liabilities	1,00,000	1,50,000
Total	10,00,000	12,00,000
II. Assets
a) Fixed assets	4,00,000	7,00,000
b) Current assets	6,00,000	5,00,000
Total	1,00,0000*	12,00,000

*The total of Liabilities side must be equal to the total of Assets side, therefore, it should be 10,00,000.

Answer 1

Common Size Balance Sheet
Particulars	Aditya Ltd. (Rs)	Anjali Ltd. (Rs)	% of Total
			Aditya Ltd.	Anjali Ltd.
I. Equity and Liabilities
1. Shareholder’s Fund
a. Equity Share Capital	6,00,000	8,00,000	60	66.67
b. Reserves and Surplus	3,00,000	2,50,000	30	20.83
2. Current Liabilities	1,00,000	1,50,000	10	12.5
Total	10,00,000	12,00,000	100	100
II. Assets
1. Non-Current Assets
a. Fixed Assets	4,00,000	7,00,000	40	58.33
2. Current Assets	6,00,000	5,00,000	60	41.67
Total	10,00,000	12,00,000	100	100