[ISC] Q. 16 Solution of Comparative Statements and Common-Size Statements TS Grewal (2023-24)

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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:

Particulars31st March,
2023
31st March,
2022
Revenue from Operations (Net Sales)160% of Cost of Revenue from Operations140% 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 Expenses8% of Cost of Revenue from Operations10% of Cost of Revenue from Operations
Tax40%40%

Solution:-

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