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From the information given below, prepare Comparative Statement of Profit and Loss : Particulars 31st March, 2018 31st March, 2017 A. Revenue from Operations: SalesRs. 24,00,000Rs. 21,00,000B. Sales ReturnRs. 4,00,000Rs. 1,00,000C. Cost of Materials Consumed50 % of Revenue60 % of Revenuefrom Operations(Net)from Operations(Net)D. Other Expenses :%(Net Revenue from Operations10%20% - Cost of Materials Consumed)E. Income Tax40%40% |
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Answer» From the information given below, prepare Comparative Statement of Profit and Loss : Particulars 31st March, 2018 31st March, 2017 A. Revenue from Operations: SalesRs. 24,00,000Rs. 21,00,000B. Sales ReturnRs. 4,00,000Rs. 1,00,000C. Cost of Materials Consumed50 % of Revenue60 % of Revenuefrom Operations(Net)from Operations(Net)D. Other Expenses :%(Net Revenue from Operations10%20% - Cost of Materials Consumed)E. Income Tax40%40% |
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