Practicing Success
Practicing Success
CUET Preparation Today
| In a common-size Balance Sheet, total equity and liabilities are assumed to be equal to: |
1 10 100 1000 |
| 100 |
| Choose a common base (as 100). For example, revenue from operations may be taken as base (100) in case of statement of profit and loss and total assets or total liabilities (100) in case of balance sheet. |
