[ISC] Q. 8 Solution of Comparative Statements and Common-Size Statements TS Grewal (2023-24)

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Solution of Q 8 Comparative Statements and Common-Size Statements TS Grewal Class 12 ISC Board Accountancy Book 2023-24

From the following information, prepare Comparative Income Statement of the years ended 31st March, 2023 and 2022:

Particulars31st March,
2023 (₹)
31st March,
2022 (₹)
Revenue from Operations
Other Income
Cost of Materials Consumed
Employee Benefit Expenses
Other Expenses
Tax Rate
4,00,000
10,000
2,00,000
40,000
30,000
30%
5,00,000
20,000
3,00,000
60,000
40,000
30%

Solution:-

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