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Following is the statement of Profit and Loss of Sun India Ltd. for the year ended 31st March, 2015 : Note31−03−201531−03−2014 ParticularsNo(Rs.)(Rs.)Revenue from Operations25,00,00020,00,000Other Incomes1,00,0005,00,000Employee benefit expenses:60% of Total Revenue50% of Total RevenueOther Expenses10% of Employee20% of Employeebenefits expensesbenefits expensesTax Rate50%40% You are required to prepare a Comparative Statement of Profit and Loss of Sun India Ltd. from the given statement of Profit and Loss. |
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Answer» Following is the statement of Profit and Loss of Sun India Ltd. for the year ended 31st March, 2015 : Note31−03−201531−03−2014 ParticularsNo(Rs.)(Rs.)Revenue from Operations25,00,00020,00,000Other Incomes1,00,0005,00,000Employee benefit expenses:60% of Total Revenue50% of Total RevenueOther Expenses10% of Employee20% of Employeebenefits expensesbenefits expensesTax Rate50%40% You are required to prepare a Comparative Statement of Profit and Loss of Sun India Ltd. from the given statement of Profit and Loss. |
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