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From the following particulars, prepare a comparative income statement of Barani Ltd. - Accountancy

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प्रश्न

From the following particulars, prepare a comparative income statement of Barani Ltd.

Particulars 2016-17 ₹ 2017-18 ₹
Revenue from operations 30,000 45,000
Other income 4,000 6,000
Expenses 10,000 15,000
Income tax 30% 30%
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उत्तर

Computation of % increase for revenue from operation

Percentage increase `= 15000/30000 xx 100` = 50%

Comparative Income statement of Barani Ltd.
for the year ended 31.3.17 & 31.3.18

Particulars 2016- 2017 Rs. 2017-2018 Rs. Absolute amount
of (+) ↑
(or)
(-) ↓
% of (+) ↑ (or) (-) ↓
Revenue from operations 30,000 45,000 +15,000 50%
Add: Other income 4,000 6,000 +2,000 50%
Total Income 34,000 51,000 +17,000 50%
Less: Expenses 10,000 15,000 +5,000 50%
Profit before tax 24,000 36,000 +12,000 50%
Less: Income tax 30% 7200 10,800 +3,600 50%
Profit after tax 16,800 25,200 +8,400 50%
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अध्याय 8: Financial Statement Analysis - Exercises [पृष्ठ २८६]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
अध्याय 8 Financial Statement Analysis
Exercises | Q IV 2. | पृष्ठ २८६
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