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प्रश्न
Prepare Comparative Statement of Profit and Loss from the following Statement of Profit and Loss:
|
Particulars |
Note No. |
31st March, 2019 (₹) |
31st March, 2018 (₹) |
| I. Income | |||
|
Revenue from Operations (Net Sales) |
3,50,000 | 3,00,000 | |
| II. Expenses | |||
|
Purchases of Stock-in-Trade |
2,10,000 | 1,80,000 | |
|
Change in Inventories of Stock-in-Trade |
15,000 | 20,000 | |
|
Employees Benefits Expenses |
17,500 | 15,000 | |
|
Other Expenses |
7,500 |
5,000 | |
|
Total |
2,50,000 | 2,20,000 | |
| III. Profit before Tax (I-II) |
1,00,000 |
80,000 | |
|
IV. Less: Tax |
30,000 |
24,000 | |
|
V. Profit after Tax (III-IV) |
70,000 |
56,000 |
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उत्तर
Comparative Income Statement
for the year ended March 31, 2018 and 2019
|
Particulars |
2018 |
2019 |
Absolute Change (₹) |
Percentage Change (%) |
|
I. Revenue from Operations |
3,00,000 |
3,50,000 |
50,000 |
16.67 |
|
II. Expenses |
|
|
|
|
|
a. Purchase of Stock-in-Trade |
1,80,000 |
2,10,000 |
30,000 |
16.67 |
|
b. Changes in Inventories of Stock-in-Trade |
20,000 |
15,000 |
(5,000) |
(25.00) |
|
c. Employees Benefit cost |
15,000 |
17,500 |
2,500 |
16.67 |
|
d. Other Expenses |
5,000 |
7,500 |
2,500 |
50.00 |
|
|
2,20,000 |
2,50,000 |
30,000 |
13.67 |
| Profit before Income Tax (I-II) | 80,000 | 1,00,000 | 20,000 | 25.00 |
|
Less: Income Tax |
24,000 |
30,000 |
6,000 |
25.00 |
|
Profit after Income Tax |
56,000 |
70,000 |
14,000 |
25.00 |
