From the following information, prepare Comparative Statement of Profit and Loss Revenue from Operations ₹ 10,00,000
From the following information, prepare Comparative Statement of Profit and Loss:
| Particulars | 2022-23 | 2021-22 |
| Revenue from Operations | 10,00,000 | 8,00,000 |
| Other Income | 2,20,000 | 1,50,000 |
| Cost of Material Consumed | 4,00,000 | 3,00,000 |
| Change in inventories of finished goods and work-in-progess | 2,00,000 | 1,00,000 |
| Other Expenses (% of Revenue from Operations) | 15% | 10% |
| Tax Rate | 30% | 30% |
[Ans. Profit after Tax : 2022 ₹ 3,29,000; 2023 ₹ 3,29,000.]
Percentage (%) Change in
| Revenue from Operations | 25.00 |
| Other Income | 46.67 |
| Total Income | 28.42 |
| Cost of Materials Consumed | 33.33 |
| Change in Inventories | 100.00 |
| Other Expenses | 87.5 |
| Total Expenses | 56.25 |
| Profit before and after tax | – |
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