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Why is common size balance sheet …

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Why is common size balance sheet known as 100%

    • Posted by Saurya Gusain 5 years, 9 months ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Harshita Vijayvargiya 5 years, 9 months ago

    because all items are expressed as a % of the base item i.e, revenue from operation in case of p&l or total asset in case of balance sheet

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