1.

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.

Answer»

Following is the statement of Profit and Loss of Sun India Ltd. for the year ended 31st March, 2015 :

Note3103201531032014 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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