1.

From the following Statement of Profit and Loss of Antriksh Ltd. for the year ended 31st March, 2012 and 2013, ​​Prepare Comparative Statement of Profit and Loss: Particulars Note No. 31st March, 2013 (₹) 31st March, 2012, (₹) Revenue from Operations 14,00,000 8,00,000 Other Incomes 6,00,000 4,00,000 Expenses 17,00,000 11,00,000 Rate of Income Tax was 40%.

Answer» From the following Statement of Profit and Loss of Antriksh Ltd. for the year ended 31st March, 2012 and 2013, ​​Prepare Comparative Statement of Profit and Loss:




































Particulars Note No. 31st March,

2013 (₹)

31st March,

2012, (₹)


Revenue from Operations 14,00,000 8,00,000
Other Incomes 6,00,000
4,00,000


Expenses

17,00,000
11,00,000




Rate of Income Tax was 40%.


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