Question: From following Balance Sheet prepare Common Size Statement and Comment. ( 15 MARKS) PARTICULARS NOTE NO. 31.3.2021 31.3.2020 LIABILITIES 8000000 6000000 1200000 800000 SHARE CAPITAL

 From following Balance Sheet prepare Common Size Statement and Comment. (

From following Balance Sheet prepare Common Size Statement and Comment. ( 15 MARKS) PARTICULARS NOTE NO. 31.3.2021 31.3.2020 LIABILITIES 8000000 6000000 1200000 800000 SHARE CAPITAL RESERVES & SURPLUS LONG TERM BORROWINGS CURRENT LIABILITIES 2400000 2000000 400000 1200000 TOTAL 12000000 10000000 ASSETS FIXED ASSETS 8000000 6000000 TANGIBLE IN TANGIBLE 400000 1200000 CURRENT ASSETS INVENTORIES CASH & BANK 2400000 2000000 1200000 800000 TOTAL 12000000 10000000

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