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Arrange the following component of a common size balance sheet as per schedule 3.

A. Shareholder's funds

B. Non-current liabilities

C. Current liabilities

D. Share Application money pending allotment

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 1

Under Schedule III, the Equity and Liabilities side is presented as Shareholders' Funds, then Share Application Money Pending Allotment, then Non-Current Liabilities, and finally Current Liabilities. A common size balance sheet keeps the same order, expressing each item as a percentage of the total. Hence A, D, B, C.

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