[ISC] Q. 22 Solution of Comparative Statements and Common-Size Statements TS Grewal (2023-24)

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Solution of Q 22 Comparative Statements and Common-Size Statements TS Grewal Class 12 ISC Board Accountancy Book 2023-24

From the following data, prepare a Common-Size Statement of Profit & Loss of Star Ltd:

Particulars31st March,
2023 (₹)
31st March,
2022 (₹)
Revenue from Operations
Cost of Materials Consumed
Employee Benefit Expenses
Finance Costs
Tax Rate
10,00,000
5,00,000
1,00,000
10,000
40% of Profit before Tax
8,00,000
4,00,000
80,000
8,000
40% of Profit before Tax

Solution:-

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