Question 21 Chapter 6 – Unimax Publication Class 12 Part 2 – 2021
Table of Contents
Prepare common size balance sheet from the given information.
| Particulars |
2022 | 2021 |
| Equity and Liabilities | ||
| Share Capital | 10,00,000 | 5,00,000 |
| Reserve & Surplus | 2,00,000 | 3,00,000 |
| Long term borrowing | 8,00,000 | 5,00,000 |
| Trade payable | 4,00,000 | 2,00,000 |
| Total | 24,00,000 | 15,00,000 |
| Assets | ||
| Fixed assets | ||
| 1.Tangible assets | 14,00,000 | 8,00,000 |
| 2.Intangible assets | 3,00,000 | 2,00,000 |
| Inventories | 5,00,000 | 4,00,000 |
| Cash and cash equivalents | 2,00,000 | 1,00,000 |
| Total | 24,00,000 | 15,00,000 |
The solution of Question 21 Chapter 6 – Unimax Publication Class 12 Part 2 – 2021: –
Common Size Balance Sheet
As on 31-3-2021 & 31-3-2022
| Particulars |
Absolute amount 2021 |
% of Balance Sheet Total | Absolute amount 2022 | % of Balance Sheet Total |
| Equity and Liabilities |
||||
| 1.Shareholder’s Fund | ||||
| Share Capital | 5,00,000 | 33.33 | 10,00,000 | 41.67 |
| Reserve & Surplus | 3,00,000 | 20.00 | 2,00,000 | 8.33 |
| 2.Non-Current Liabilities | ||||
| Long term borrowing | 5,00,000 | 33.33 | 8,00,000 | 33.33 |
| 3.Current liabilities | ||||
| Trade payables | 2,00,000 | 13.33 | 4,00,000 | 16.67 |
| Total | 15,00,000 | 100.00 | 24,00,000 | 100.00 |
| Assets | ||||
| 1. Non-current Assets | ||||
| (a) Fixed Assets | ||||
| i. Tangible assets | 8,00,000 | 53.33 | 14,00,000 | 58.33 |
| ii. Intangible assets | 2,00,000 | 13.33 | 3,00,000 | 12.50 |
| 2.Current assets : | ||||
| (a) Inventories | 4,00,000 | 26.67 | 5,00,000 | 2.83 |
| (b) Cash and equivalents | 1,00,000 | 6.67 | 2,00,000 | 8.33 |
| Total | 15,00,000 | 100.00 | 24,00,000 | 100.00 |
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Comparative Statements – Balance Sheet & Profit and Loss
Unimax Publication – Accountancy PSEB Class 12 – Volume I – Solution
- Chapter No. 1 – Accounting Not for Profit Organisations
- Chapter No. 2 – Partnership Accounts – I (Introduction)
- Chapter No. 3 – Partnership Accounts – II (Goodwill: Nature and Valuation)
- Chapter No. 4 – Partnership Accounts – III (Change in Profit sharing ratio among Existing Partners )
- Chapter No. 5 – Partnership Accounts – IV (Admission of A Partner)
- Chapter No. 6 – Partnership Accounts – V (Retirement and Death of A Partner)
- Chapter No. 7 – Partnership Accounts – VI (Dissolution of Partnership Firm)
Unimax Publication – Accountancy PSEB (Class 12) – Part – II – Solution
- Chapter No. 1 – Company Accounts (Share Capital)
- Chapter No. 2 – Company Accounts (Issue of Debentures)
- Chapter No. 3 – Company Accounts (Redemption of Debentures)
- Chapter No. 4 – Financial Statements of a Company
- Chapter No. 5 – Financial Statement Analysis
- Chapter No. 6 – Tools of Financial Statement Analysis- Comparative and Common Size
- Chapter No. 7 – Ratio Analysis
- Chapter No. 8 – Cash Flow Statement
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