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प्रश्न
From the following information of CN Ltd., prepare a common size Statement of Profit and Loss for the years ended 31st March, 2023, and 31st March, 2024:
| Particulars | 2023-24 (₹) | 2022-23 (₹) |
| Revenue from Operations | 40,00,000 | 20,00,000 |
| Purchase of stock-in-trade | 8,00,000 | 4,00,000 |
| Other expenses | 4,00,000 | 2,00,000 |
| Tax @ 50% |
खाता बही
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उत्तर
| Common Size Statement of Profit and Loss for the years ended 31st March, 2023 and 2024. |
|||||
| Particulars | Note No. | Absolute Amounts | Percentage of Revenue from Operations | ||
| 2022-23 (₹) | 2023-24 (₹) | 2022-23 (₹) | 2023-24 (₹) | ||
| I. Revenue from Operations | 20,00,000 | 40,00,000 | 100.00 | 100.00 | |
| II. Expenses: | |||||
| (a) Purchase of stock in trade | 4,00,000 | 8,00,000 | 20.00 | 20.00 | |
| (b) Expenses | 2,00,000 | 4,00,000 | 10.00 | 10.00 | |
| Total Expenses: | 6,00,000 | 12,00,000 | 30.00 | 30.00 | |
| III. Profit before Tax (I - II) | 14,00,000 | 28,00,000 | 70.00 | 70.00 | |
| IV. Less: Income Tax @ 50% | (7,00,000) | (14,00,000) | 35.00 | 35.00 | |
| V. Profit after Tax (III-IV) | 7,00,000 | 14,00,000 | 35.00 | 35.00 | |
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