From the following data, prepare a Statement of Profits in the comparative form Revenue from Operations ₹ 80,00,000
From the following data, prepare a Statement of Profits in the comparative form:
| Particulars | 31.3.2023 | 31.3.2022 |
| Revenue from Operations | 80,00,000 | 75,00,000 |
| Purchase of Stock-in-Trade | 40,00,000 | 36,00,000 |
| Change in Inventories | 3,00,000 | (2,00,000) |
| Other Expenses | 6,00,000 | 2,00,000 |
[Ans. Profit before Tax 2022 ₹ 39,00,000; 2023 ₹ 31,00,000.]
Percentage (%) Change in:
| Revenue from Operations | (6.67) |
| Purchase of Stock-in-Trade | 11.11 |
| Changes in Inventories | 250.00 |
| Other Expenses | 200.00 |
| Total Expenses | 36.11 |
| Profit before Tax | (20.51) |
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