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प्रश्न
Rectify the errors in the given extract of Common-size Statement and redraw it again.
| COMMON-SIZE INCOME STATEMENT OF SIA LTD. for the year ended 31st March, 2026 | |||
| Particulars | Note No. | Current Year Absolute Amount (₹) | % of Total Income |
| I. Revenue from Operations | 4,00,000 | 97.56 | |
| II. Other Income | 10,000 | 2.44 | |
| III. Total Revenue | 4,10,000 | 100.00 | |
खातेवही
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उत्तर
| COMMON-SIZE INCOME STATEMENT OF SIA LTD. for the year ended 31st March, 2026 | |||
| Particulars | Note No. | Current Year Absolute Amount (₹) | % of Total Income |
| I. Revenue from Operations | 4,00,000 | 100.00 | |
| II. Other Income | 10,000 | 2.50 | |
| III. Total Revenue | 4,10,000 | 102.50 | |
In a Common-size Income Statement, Revenue from Operations is set as the base of 100%, and every other expense or income item is calculated as a percentage of it.
Other Income = `(₹ 10,000)/(₹ 4,00,000) xx 100`
= 2.50%
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