Advertisements
Advertisements
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) |
3,00,000 |
2,50,000 |
|
|
II. Expenses |
|||
|
Cost of Materials Consumed |
1,20,000 |
1,00,000 |
|
|
Changes in Inventories of WIP and Finished Goods |
(2,000) |
5,000 |
|
|
Employees Benefits Expenses (Wages) |
30,000 |
25,000 |
|
|
Other Expenses |
22,000 |
20,000 |
|
|
Total |
1,70,000 |
1,50,000 |
|
|
III. Net Profit (I-II) |
1,30,000 |
1,00,000 |
Advertisements
उत्तर
Comparative Income Statement
for the year ended March 31, 2018 and 2019
|
Particulars |
2018 (₹) |
2019 (₹) |
Absolute Change (₹) |
Percentage Change (%) |
|
I. Revenue from Operations |
2,50,000 |
3,00,000 |
50,000 |
20.00 |
|
II. Expenses: |
|
|
|
|
|
a. Cost of Materials Consumed |
1,00,000 |
1,20,000 |
20,000 |
20.00 |
|
b. Changes in Inventories of WIP and Finished Goods |
5,000 |
(2,000) |
(7,000) |
(140.00) |
|
c. Employees Benefit Expenses (Wages) |
25,000 |
30,000 |
5,000 |
20.00 |
|
d. Other Expenses |
20,000 |
22,000 |
2,000 |
10.00 |
|
|
1,50,000 |
1,70,000 |
20,000 |
13.33 |
| Profit before Income Tax (I-II) | 1,00,000 | 1,30,000 | 30,000 | 30.00 |
|
Less: Income Tax |
– |
– |
– |
– |
|
Profit after Income Tax |
1,00,000 |
1,30,000 |
30,000 |
30.00 |
