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Solution - From the following Statement of profit and loss of the year ended 31st March, 2013; prepare a comparative statement of Profit and Loss of Good Service Ltd. - Comparative Statements

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From the following Statement of profit and loss of the year ended 31st March, 2013; prepare a comparative statement of Profit and Loss of Good Service Ltd.

Particulars 2012-13 (Rs.) 2011-12 (Rs.)
Revenue from operation 20,00,000 15,00,000
Other expenses 10,00,000 4,00,000
Expenses 21,00,000 15,00,000

Rate of Income tax was 50%.

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Solution for question: From the following Statement of profit and loss of the year ended 31st March, 2013; prepare a comparative statement of Profit and Loss of Good Service Ltd. concept: Comparative Statements. For the courses CBSE (Arts), CBSE (Commerce), CBSE (Science)
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