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प्रश्न
From the following Statement of profit and loss of the year ended 31st March 2013, prepare a comparative statement of Profit and Loss ‘of Better Sales Ltd.
| Particulars | 2012-13 Rs | 2011-12 Rs |
|
Revenue from operation Other expenses Expenses |
7,00,000 75,000 4,50,000 |
5,00,000 1,00,000 3,75,000 |
Rate of Income tax was 50%.
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उत्तर
| Comparative Income Statement For the years ended 31st March 2012 & 2013 |
||||
| Particulars | 2012-13 | 2011-12 |
Absolute Change Rs |
% Change |
| 1) Revenue from operations | 7,00,000 | 5,00,000 | 2,00,000 | 40.00 |
| 2) Other Income | 75,000 | 1,00,000 | 25,000 | 25.00 |
| 3) Total Revenue(I-II) | 7,75,000 | 6,00,000 | 1,75,000 | 29.17 |
| 4) Expense | 4,50,000 | 3,75,000 | 75,000 | 20.00 |
| Profit before Income Tax(III-Iv) | 3,25,000 | 2,25,000 | 1,00,000 | 44.44 |
| Less: Income Tax | 1,62,000 | 1,12,500 | 50,000 | 44.44 |
| Profit after Income Tax | 1,62,500 | 1,12,500 | 50,000 | 44.44 |
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