Question

ILLUSTRATION 1.
Prepare Common Size Balance Sheet of Oxford Ltd. from the following
information :
in Lakhs)
Particulars
31.3.2018
31.3.2017
Equity Share Capital
Preference Share Capital
Reserves and Surplus
Non-Current Liabilities
Current Liabilities
Non-Current Assets
Current Assets
₹
16.00
2.00
5.40
14.40
7.20
30.60
14.40
₹
16.00
2.00
4.00
14.00
4.00
28.00
12.00​

Answer 1

Answer:

Particulars Note

No. 31st March, 2019

(₹) 31st March, 2018

(₹)

I. EQUITY AND LIABILITIES

1. Shareholder's Funds

(a) Share Capital

3,50,000 3,00,000

2. Non-Current Liabilities

Long-term Borrowings

1,00,000 2,00,000

3. Current Liabilities :

Trade Payables

1,50,000 1,00,000

Total 6,00,000 6,00,000

II. ASSETS

1. Non-Current Assets

Fixed Assets (Tangible)

4,00,000 3,00,000

2. Current Assets

Trade Receivables

2,00,000

3,00,000

Total

6,00,000