From the following information, prepare a Comparative Statement of Profit & Loss of Zee Ltd Revenue from Operations 150% of Material Consumed
From the following information, prepare a Comparative Statement of Profit & Loss of Zee Ltd.:
| Particulars | 31.3.2022 | 31.3.2021 |
| Revenue from Operations | 150% of Material Consumed | 120% of Material Consumed |
| Materials Consumed | 20,00,000 | 10,00,000 |
| Other Expenses | 20% of Materials Consumed | 10% of Materials Consumed |
| Income Tax | 40% | 40% |
[Ans. Profit after Tax 2021 ₹ 60,000; 2022 ₹ 3,60,000.]
Percentage (%) Change in:
| Revenue from Operations | 150.00 |
| Cost of Materials Consumed | 100.00 |
| Other Expenses | 300.00 |
| Total Expenses | 118.18 |
| Profit before and After Tax | 500.00 |
Anurag Pathak Answered question 6 hours ago
