[ISC] Q. 16 Solution of Comparative Statements and Common-Size Statements TS Grewal (2023-24)
Solution of Q 16 Comparative Statements and Common-Size Statements TS Grewal Class 12 ISC Board Accountancy Book 2023-24
Prepare Comparative Income Statement from the following:
| Particulars | 31st March, 2023 | 31st March, 2022 |
| Revenue from Operations (Net Sales) | 160% of Cost of Revenue from Operations | 140% of Cost of Revenue from Operations |
| Purchases | ₹ 9,00,000 | ₹ 5,00,000 |
| Cost of Revenue from Operations | ₹ 10,00,000 | ₹ 6,00,000 |
| Operating Expenses | 8% of Cost of Revenue from Operations | 10% of Cost of Revenue from Operations |
| Tax | 40% | 40% |
Solution:-
