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प्रश्न
From the following Statement of Profit and Loss of Navratan Ltd. for the year ended 31st March, 2013, prepare a Comparative Statement of Profit and Loss:
| Particulars | Note No. | 2012 – 13 Rs |
2011 – 12 Rs |
| Revenue from operations | 8,05,000 | 6,14,000 | |
| Other Incomes | 43,000 | 51,000 | |
| Expenses | 5,59,000 | 4,88,000 |
Rate of income tax was 40%.
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उत्तर
|
Comparative Income Statement for the year ended March 31, 2012 and 2013 |
||||
|
Particulars |
2012-2013 (Rs) |
2011-2012 (Rs) |
Absolute Change (Rs) |
Percentage Change (%) |
|
I. Revenue from Operations |
8,05,000 |
6,14,000 |
1,91,000 |
31.11 |
|
II. Other Income |
43,000 |
51,000 |
(8,000) |
(15.68) |
|
III. Total Revenue (I + II) |
8,48,000 |
6,65,000 |
1,83,000 |
27.52 |
|
IV. Expenses |
5,59,000 |
4,88,000 |
71,000 |
14.55 |
|
Profit before Income Tax (III – IV) |
2,89,000 |
1,77,000 |
1,12,000 |
63.28 |
|
Less: Income Tax (40%) |
1,15,600 |
70,800 |
44,800 |
63.28 |
|
Profit after Income Tax |
1,73,400 |
1,06,200 |
67,200 |
63.28 |
|
|
|
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