From the following Balance sheets as on 31st March 2018 and 31st March 2019 of M/S. Asha Pvt. Ltd. Balance Sheet Liabilities 2018 Rs. 2019 Rs. Assets 2018 Rs. 2019 Rs. Share Capital 4,00,000 5,00,000...


From the following Balance sheets as on 31st March 2018 and 31st March 2019 of M/S. Asha Pvt. Ltd.



Balance Sheet























































































Liabilities




2018     Rs.




2019



Rs.




Assets




2018



Rs.




2019



Rs.



Share Capital



4,00,000



5,00,000



Fixed Assets



5,40,000



6,72,000



General Reserve



20,000



40,000



Investments



1,30,000



90,000



Profit & Loss A/c



50,000



60,000



Stock



90,000



85,000



12% Debentures



1,00,000



1,50,000



Debtors



25,000



45,000



Creditors



1,35,000



45,000



Bills Receivable



-



35,000



Proposed Dividend



40,000



50,000



Cash



10,000



5,000



Provision for Tax



60,000



80,000



Bank



8,000



-



Bank Overdraft



-



10,000



Misc. Expenditure



2,000



3,000





8,05,000



9,35,000





8,05,000



9,35,000









Prepare Common Size Financial Statements in vertical form with comments?



Jun 11, 2022
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