[ISC] Q. 12 Solution of Comparative Statements and Common-Size Statements TS Grewal (2023-24)
Solution of Q 12 Comparative Statements and Common-Size Statements TS Grewal Class 12 ISC Board Accountancy Book 2023-24
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 |
Solution:-
