Prepare a Comparative Statement of Profit & Loss from the following information Revenue from Operations ₹ 50,00,000
Prepare a Comparative Statement of Profit & Loss from the following information:
[Ans. Profit after Tax 2021 ₹ 9,35,000; 2022 ₹ 11,70,000.]
Percentage (%) Change in:
| 31.3.2022 (₹) | 31.3.2021 (₹) | |
| Revenue from Operations | 50,00,000 | 40,00,000 |
| Finance Costs | 22,00,000 | 16,00,000 |
| Employee Benefit Expenses | 6,00,000 | 5,00,000 |
| Other Expenses (5% of Revenue from Operations) | ||
| Income Tax | 40% | 45% |
| Revenue from Operations | 25.00 |
| Employee Benefit Expenses | 20.00 |
| Finance Costs | 37.50 |
| Other Expenses | 25.00 |
| Profit before Tax | 14.71 |
| Profit After Tax | 25.13 |
Anurag Pathak Answered question 10 hours ago
