Question : Common-size Balance Sheet shows the percentage relation of each asset/equity and liability…………
Option 1: One accounting period
Option 2: Two or more accounting period
Option 3: To the total of assets/total of equity and liabilities
Option 4: None of the above

Question

Question : Common-size Balance Sheet shows the percentage relation of each asset/equity and liability…………

Option 1: One accounting period

Option 2: Two or more accounting period

Option 3: To the total of assets/total of equity and liabilities

Option 4: None of the above

Team Careers360 · Accepted Answer

Correct Answer: To the total of assets/total of equity and liabilities

Solution : Answer = To the total of assets/total of equity and liabilities

Common-size Balance Sheet shows the percentage relation of each asset/equity and liability to the total of assets/total of equity and liabilities.
Hence, the correct option is 3.

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Question : Common-size Balance Sheet shows the percentage relation of each asset/equity and liability…………Option 1: One accounting periodOption 2: Two or more accounting periodOption 3: To the total of assets/total of equity and liabilitiesOption 4: None of the above

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Question : Common-size Balance Sheet shows the percentage relation of each asset/equity and liability…………
Option 1: One accounting period
Option 2: Two or more accounting period
Option 3: To the total of assets/total of equity and liabilities
Option 4: None of the above