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Question
From the following particulars of Maria ltd and Kala Ltd. Prepare a common-Size income statement for the year ended 31st March 2019.
| Particulars | Maria Ltd ₹ | Kala Ltd ₹ |
| Revenue from operations | 1,00,000 | 2,00,000 |
| Other income | 10,000 | 30,000 |
| Expenses | 70,000 | 1,20,000 |
Ledger
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Solution
| Common size Income statement of Maria Ltd for the year ended 31.03.2019 and Kala Ltd. |
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| Maria Ltd | Kala Ltd | |||
| Particulars | Absolute Amount | % of rev from Operation Rs. | Absolute amount | % of rev from Operation Rs. |
| Revenue from operation | 1,00,000 | 100 | 2,00,000 | 100 |
| Add: Other income | 10,000 | 10 | 30,000 | 15 |
| Total income | 1,10,000 | 110 | 2,30,000 | 115 |
| Less: Expenses | 70,000 | 70 | 1,20,000 | 60 |
| Profit Before tax | 40,000 | 40 | 1,10,000 | 55 |
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