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प्रश्न
Prepare a ‘Comparative Statement of Profit and Loss’ from the following information:
| Particulars | 31st March, 2023 | 31st March, 2022 |
| Revenue from Operations | 200% of Raw Materials Consumed | 175% of Raw Materials Consumed |
| Expenses: | ||
| Cost of Raw Materials Consumed | ₹ 5,00,000 | ₹ 3,00,000 |
| Other Expenses | 5% of Revenue from Operations | 5% of Revenue from Operations |
| Rate of Income Tax | 50% of Net Profit before Tax | 50% of Net Profit before Tax |
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उत्तर
| Comparative Statement of Profit and Loss for the years ended 31st March 2023 and 2022 |
|||||
| Particulars | Note No. | 31.3.2023 | 31.3.2022 | Absolute Change (₹) |
Percentage Change (₹) |
| I. Revenue from Operations | 10,00,000 | 5,25,000 | 4,75,000 | 90.48 | |
| II. Less: Expenses | |||||
| (a) Cost of Materials Consumed | 5,00,000 | 3,00,000 | 2,00,000 | 66.67 | |
| (b) Other Expenses | 50,000 | 26,250 | 23,750 | 90.48 | |
| Total Expenses | 5,50,000 | 3,26,250 | 2,23,750 | 68.48 | |
| III. Profit before tax (I − II) | 4,50,000 | 1,98,750 | 2,51,250 | 126.42 | |
| IV. Less: Tax | 2,25,000 | 99,375 | 1,25,625 | 126.42 | |
| V. Profit after tax (III − IV) | 2,25,000 | 99,375 | 1,25,625 | 126.42 | |
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