From the following information extracted from the Statement of Profit and Loss for the year ended 31st March, 2017 and 2018, prepare a Comparative Statement of Profit & Loss Revenue from Operations ₹ 6,00,000
From the following information extracted from the Statement of Profit and Loss for the year ended 31st March, 2017 and 2018, prepare a Comparative Statement of Profit & Loss:
[Ans. Profit After Tax : 2017 ₹ 2,10,000 and 2018 ₹ 2,16,000.]
Percentage (%) Change in
| Particulars | Note. No. | 2017-18 | 2016-17 |
| Revenue from Operations | 6,00,000 | 5,00,000 | |
| Other Incomes (% of Revenue from Operations) | 20% | 20% | |
| Employee Benefit Expenses (% of Total Revenue) | 40% | 30% | |
| Tax Rate | 50% | 50% |
| Revenue from Operations | 20 |
| Other Income | 20 |
| Total Income | 20 |
| Employee Benefit Exp. | 60 |
| Profit before and After Tax | 2.86 |
Anurag Pathak Answered question 5 hours ago
