What are Common Size Statements? Post category:Accountancy Reading time:1 mins read SOLUTION Common size statements express all items of a financial statement percentage of some common base such as revenue from operations for profit and loss statement and total assets for balance sheet. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is the advantage of Comparative Balance Sheet? Next PostWhat is the meaning of Common Size Balance Sheet? You Might Also Like A company issued 10,000 shares of the value of Rs. 10 each, payable Rs. 3 on application, Rs. 3 on allotment and Rs. 4 on the first and final call. All amounts are duly received except the call money on 100 shares. These shares are subsequently forfeited by Directors and are resold as fully paid-up for Rs. 500. Give necessary journal entries for the transactions. July 14, 2022 Why is it important, to have a partnership deed in writing? September 26, 2022 Would a ‘charitable dispensary’ run by 8 members be deemed a partnership firm? Give reason in support of your answer. September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
A company issued 10,000 shares of the value of Rs. 10 each, payable Rs. 3 on application, Rs. 3 on allotment and Rs. 4 on the first and final call. All amounts are duly received except the call money on 100 shares. These shares are subsequently forfeited by Directors and are resold as fully paid-up for Rs. 500. Give necessary journal entries for the transactions. July 14, 2022
Would a ‘charitable dispensary’ run by 8 members be deemed a partnership firm? Give reason in support of your answer. September 26, 2022