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Common sized Balance sheet is also …

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Common sized Balance sheet is also known as ____________

Posted by Prachi Garg 3 years, 11 months ago

CBSE > Class 12 > Accountancy

2 answers

Tia Clarice Jose 3 years, 11 months ago

Common size balance sheet showed the percentage relation which asset /liability to total asset / total liability including that is (equity and liabilities)

Yogita Ingle 3 years, 11 months ago

A common size balance sheet is a statement in which balance sheet items are being calculated as the ratio of each asset in relation to the total assets. For the liabilities, each liability is being calculated as a ratio of the total liabilities.

Common-size balance sheets can be used for comparing companies that differ in size. The comparison of such figures for the different periods is not found to be that useful because the total figures seem to be affected by a number of factors.

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