Prepare a Common Size Statement of Profit & Loss from the following Revenue from Operations ₹ 48,00,000
Prepare a Common Size Statement of Profit & Loss from the following:
| 31.3.2023 | 31.3.2022 | |
| Revenue from Operations | 48,00,000 | 30,00,000 |
| Purchase of Stock in Trade | 32,64,000 | 21,00,000 |
| Changes in Inventories | (1,92,000) | (90,000) |
| Other Expenses | 3,36,000 | 1,50,000 |
| Other Income | 72,000 | 60,000 |
| Income Tax (40%) |
[Ans.]
| 2021-22 | 2022-23 | |
| Other Income | 2 | 1.5 |
| Purchase of Stock in Trade | 70 | 68 |
| Changes in Inventories | (3) | (4) |
| Other Expenses | 5 | 7 |
| Profit before Tax | 30 | 30.50 |
| Profit after Tax | 18 | 18.30 |
Anurag Pathak Answered question 4 hours ago
