[ISC] Q. 23 Solution of Comparative Statements and Common-Size Statements TS Grewal (2023-24)

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Solution of Q 23 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 Pitambar Ltd:

Particulars31st March,
2023 (₹)
31st March,
2022 (₹)
Revenue from Operations (% of Other Income)
Other Income
Cost of Materials Consumed (% of Operating Revenue)
Other Expenses (% of Material Cost)
Tax Rate
800%
50,000
40%
10%
40%
600%
40,000
40%
20%
40%

Solution:-

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