[4Angelina]

A comon-size balance sheet portrays the firm's accounts as a percent of what?

[syedzain]

It is useful to prepare a common size balance sheet referencing each line item to Sales, as many current assets and liabilities (accounts receivable, inventory, accounts payable, etc.) are influenced by the company's sales level so it can be done... otherwise it can also be prepared in reference to the Total Assets... I hope this would help you out