Prepare Comparative Income Statement from the following Statement of Profit & Loss Revenue from Operations ₹ 3,50,000
Prepare Comparative Income Statement from the following Statement of Profit & Loss:
| Particulars | 31st March, 2023 (₹) | 31st March, 2022 (₹) |
|
I. Income Revenue from Operations |
3,50,000 | 3,00,000 |
|
II. Expenses Purchases of Stock in Trade Change in Inventories of Stock in Trade Employees Benefit Expenses Other Expenses |
2,10,000 15,000 17,500 7,500 |
1,80,000 20,000 15,000 5,000 |
| Total | 2,50,000 | 2,20,000 |
| III. Profit before Tax (I – II) | 1,00,000 | 80,000 |
Anurag Pathak Changed status to publish March 24, 2024
