[ISC] Q. 9 Solution of Comparative Statements and Common-Size Statements TS Grewal (2023-24)

Share your love

Solution of Q 9 Comparative Statements and Common-Size Statements TS Grewal Class 12 ISC Board Accountancy Book 2023-24

Given below is the information extracted from the books of Shyam Ltd:

Particulars31st March,
2023 (₹)
31st March
2022 (₹)
Revenue from Operations (Net Sales)
Cost of Revenue from Operations
Carriage Inwards
Operating Expenses
Income Tax
20,00,000
11,70,000
80,000
11,500
40%
17,50,000
9,75,000
60,000
7,700
40%

Prepare Comparative Income Statement for the years ended 31st March 2023 and 2022 on the basis of the above information.

Solution:-

Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

Articles: 7382

Leave a Reply

Your email address will not be published. Required fields are marked *

x