From the following Balance Sheets of Vinayak Ltd. as at 31st March,2021, Prepare a Common-size Balance Sheet..

Vinayak Ltd.

Balance Sheet as on 31st March, 2021 

Particulars Note no. 31.3.2021
(₹)
31.3.2020
(₹)
I EQUITY AND LIABILITIES
1. Shareholder’s Funds:
a. Share Capital 30,50,000 20,00,000
b. Reserve and Surplus 2,80,000 6,00,000
2. Current Liabilities:
a. Trade Payable 6,70,000 4,00,000
Total 40,00,000 30,00,000
II ASSETS
1. Non-Current Assets:
a. Fixed Assets:
i. Tangible Assets 16,00,000 12,00,000
ii. Intangible Assets 2,00,000 3,00,000
2. Current Assets
a. Inventories 8,00,000 3,00,000
b. Trade Receivables 12,00,000 10,00,000
c. Cash and Cash Equivalents 2,00,000 2,00,000
Total 40,00,000 30,00,000

Marks-3, CBSE:2021-22/Term-2/Sample/Q-11*

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