Question

Prepare a common -size balance sheet from following data and interpret the same 07 Assets 2006 2007 Fixed Assets ( Net) 120000 175000 Stock 20000 25000 Debtors 50000 62500 Bills receivable 10000 30000 Prepaid expense 5000 6000 Cash at bank 20000 26500 Cash in hand 5000 15000 230000 340000 Liabilities 2006 2007 Equity capital 100000 165000 Preference share capital 50000 75000 Reser
ves 10000 15000 P&L account 7500 10000 Bank overdraft 25000 25000 Creditors 2000 0 25000 Provision for tax 10000
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Answer 1

Answer:

3720 35391574 10873737