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From the Following Statement of Profit and Loss of Antriksh Ltd. for the Year Ended 31st March, 2012 and 2013, ​​Prepare Comparative Statement of Profit and Loss: - Accountancy

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प्रश्न

From the following Statement of Profit and Loss of Antriksh Ltd. for the year ended 31st March, 2012 and 2013, ​​Prepare Comparative Statement of Profit and Loss:

Particulars Note No. 31st March,
2013 (₹)

31st March,
2012, (₹)

Revenue from Operations   14,00,000 8,00,000
Other Incomes   6,00,000

4,00,000

Expenses

  17,00,000

11,00,000

Rate of Income Tax was 40%.

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उत्तर

Comparative Income Statement
for the year ending March 31, 2012 and 2013 

Particulars

Note

 No.

2012

(Rs)

2013

(Rs)

Absolute 

Change 

(Rs)

Percentage

Change 

1. Revenue from Operations

 

8,00,000

14,00,000

6,00,000

75

2. Other Income

 

4,00,000

6,00,000

2,00,000

50

3. Total Revenue (1 + 2)

 

12,00,000

20,00,000

8,00,000

66.67

4. Expenses

 

 

 

 

 

a. Other Expenses

 

11,00,000

17,00,000

6,00,000

54.55

Total Expenses

 

11,00,000

17,00,000

6,00,000

54.55

5. Profit before Tax ( 3- 4)

 

1,00,000

3,00,000

2,00,000

200

Less: Income Tax (40%)

 

40,000

1,20,000

80,000

200

6. Profit After Tax

 

60,000

1,80,000

1,20,000

200

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अध्याय 2: Tools of Financial Statement Analysis-Comparative Statements and Common-Size Statements - Exercises [पृष्ठ ३७]

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टीएस ग्रेवाल Accountancy - Analysis of Financial Statements [English] Class 12
अध्याय 2 Tools of Financial Statement Analysis-Comparative Statements and Common-Size Statements
Exercises | Q 15 | पृष्ठ ३७
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