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प्रश्न
From the following data of Horizon Ltd., you are required to prepare a Comparative Statement of Profit and Loss.
| Particulars | 31.03.2022 | 31.03.2021 |
| Revenue from Operations (% of Other Income) | 100% | 100% |
| Other Income | ₹ 1,00,000 | ₹ 50,000 |
| Cost of Materials consumed | ₹ 50,000 | ₹ 20,000 |
| Depreciation and Amortisation Expense | ₹ 10,000 | ₹ 5,000 |
खातेवही
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उत्तर
| In the Books of Horizon Ltd. | |||||
| Comparative Statement of Profit And Loss for the years ended 31st March 2021 and 2022 |
|||||
| Particulars | Note No. | 31st March 2022 | 31st March 2021 | Absolute Change (Increase or decrease) | Percentage Change (Increase or decrease) |
| B | A | C = B − A | `bb("D" = "C"/"A" xx 100)` | ||
| ₹ | ₹ | ₹ | % | ||
| I. Revenue from operations | 1,00,000 | 50,000 | 50,000 | 100 | |
| II. Other Income | 1,00,000 | 50,000 | 50,000 | 100 | |
| III. Total Revenue (I − II) | 2,00,000 | 1,00,000 | 1,00,000 | 100 | |
| IV. Less: Expenses | |||||
| Cost of material consumed | 50,000 | 20,000 | 30,000 | 150 | |
| Depreciation and amortization expenses | 10,000 | 5,000 | 5,000 | 100 | |
| Total Expenses | 60,000 | 25,000 | 35,000 | 140 | |
| V. Profit before tax (III − IV) | 1,40,000 | 75,000 | 65,000 | 86.67 | |
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