Following particulars are obtained from the books of X Ltd Revenue from Operations ₹ 60,00,000
Following particulars are obtained from the books of X Ltd.:
You are required to prepare a Common Size Statement of Profit & Loss.
Answer:-
| Particulars | Note No. | 31st March, 2023 | 31st March, 2022 |
| Revenue from Operations | 60,00,000 | 40,00,000 | |
| Purchase of Stock in Trade | 43,20,000 | 30,40,000 | |
| Changes in Inventories | 1,20,000 | (80,000) | |
| Other Incomes | 1,50,000 | 60,000 | |
| Other Expenses | 3,60,000 | 2,00,000 |
| 2022 | 2023 | |
| Other Income | 1.5 | 2.5 |
| Purchase of Stock in Trade | 76 | 72 |
| Changes in Inventories | (2) | 2 |
| Other Expenses | 5 | 6 |
| Profit before Tax | 22.5 | 22.5 |
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