Following information is extracted from the statement of Profit & Loss of Gold Coin Ltd. for the year ended 31st March, 2024:
Following information is extracted from the statement of Profit & Loss of Gold Coin Ltd. for the year ended 31st March, 2024:
| Particulars | 31st March, 2024 | 31st March, 2023 |
| Revenue from Operations | 60,00,000 | 45,00,000 |
| Employee Benefit Expenses | 30,00,000 | 22,50,000 |
| Depreciation | 7,50,000 | 6,00,000 |
| Other Expenses | 15,50,000 | 10,00,000 |
| Tax Rate | 30% | 30% |
Prepare Comparative Statement of Profit & Loss.
[Ans.]
| Particulars | Absolute Change | Percentage Change (%) |
| Revenue from Operations | 15,00,000 | 33.33 |
| Employee Benefit Expenses | 7,50,000 | 33.33 |
| Depreciation | 1,50,000 | 25.00 |
| Other Expenses | 5,50,000 | 55.00 |
| Profit before Tax | 50,000 | 7.69 |
| Tax | 15,000 | 7.69 |
| Profit after Tax | 35,000 | 7,69 |
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