From the following Statement of Profit and Loss of Moontrack Ltd., for the years ended 31st March 2023 and 2022, prepare a ‘Comparative Statement of Profit & Loss’.
From the following Statement of Profit and Loss of Moontrack Ltd., for the years ended 31st March 2023 and 2022, prepare a ‘Comparative Statement of Profit & Loss’.
| Particulars | 2022-23 | 2021-22 |
| Revenue from Operations | 40,00,000 | 24,00,000 |
| Other Incomes | 24,00,000 | 18,00,000 |
| Expenses | 16,00,000 | 14,00,000 |
[Ans. Profit before Tax 2022 ₹ 28,00,000 and 2023 ₹ 48,00,000.]
Percentage (%) Change in:
| Revenue from Operations | 66.67 |
| Other Income | 33.33 |
| Total Income | 52.38 |
| Expenses | 14.29 |
| Profit before Tax | 71.43 |
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