From the following information, prepare a Comparative Statement of Profit and Loss Revenue from Operations ₹ 24,00,000
From the following information, prepare a Comparative Statement of Profit and Loss:
Particulars | 31.3.2024 | 31.3.2023 |
Revenue from Operations | 24,00,000 | 18,00,000 |
Other Incomes (% of Revenue from Operations) | 15% | 25% |
Expenses (% of Revenue from Operations) | 60% | 50% |
Tax Rate | 40% | 40% |
[Ans. Profit after Tax : 2024 ₹ 7,92,000 and 2023 ₹ 8,10,000.
Percentage (%) Change in:
Revenue from Operations | 33.33 |
Other Income | (20) |
Total Income | 22.67 |
Expenses | 60 |
Profit before and after Tax | (2.22) |
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