[ISC] Q. 12 Solution of Comparative Statements and Common-Size Statements TS Grewal (2023-24)

Share your love

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:

Particulars31st March,
2023 (₹)
31st March,
2022 (₹)
I. Income
Revenue from Operations
3,50,0003,00,000
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
Total2,50,0002,20,000
III. Profit before Tax (I – II)1,00,00080,000

Solution:-

Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 5913

Leave a Reply

Your email address will not be published. Required fields are marked *

close

Ad Blocker Detected!

Our Website is made possible by displaying online advertisements to our visitors. Please consider supporting us and remove the AD - Blocker to read this article.

Refresh