In a common-size Balance Sheet, every item (asset, liability, or equity) is expressed as a percentage of total assets (which equals total liabilities). This enables comparison across periods and firms of different sizes.
While preparing common-size Balance sheet, each item of Balance sheet is expressed as % of
CUET UG 2022 — Accountancy Financial Statements
2022mcqeasy
While preparing common-size Balance sheet, each item of Balance sheet is expressed as % of
Official previous-year question
Held on 30 Aug 2022 · Verified 13 Jul 2026.
Options
- A
Non-current assets
- B
Current assets
- C
Non-current liabilities
- D
Total assets or total liability
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