Q. 19 Comparative and Common Size Statements TS Grewal Solutions Class 12 CBSE (2024-25)
Solutions of Question number 19 of comparative and common size statements TS grewal class 12 CBSE Board 2024 25.
From the following Statement of Profit & Loss, prepare Comparative Statement of Profit & Loss:
| Particulars | Note. No. | 31st March, 2024 (₹) | 31st March, 2023 (₹) |
| I. Income | |||
| Revenue from Operations (Net Sales) | 50,00,000 | 40,00,000 | |
| II. Expenses | |||
| Purchases of Stock-in-Trade | 34,00,000 | 28,50,000 | |
| Change in Inventories of Stock-in-Trade | 1,00,000 | 1,50,000 | |
| Employees Benefit Expenses | 1,00,000 | 1,00,000 | |
| Other Expenses | 2,00,000 | 1,50,000 | |
| Total | 38,00,000 | 32,50,000 | |
| III. Net Profit (I – II) | 12,00,000 | 7,50,000 |
Notes to Account:-
| Particulars | 31st March, 2024 (₹) | 31st March, 2023 (₹) |
| Change in Inventories of Stock-in-Trade | ||
| Opening Inventory Less: Closing Inventory | 2,00,000 1,00,000 | 3,50,000 2,00,000 |
| 1,00,000 | 1,50,000 | |
| Other Expenses | ||
| Administrative Expenses | 50,000 | 50,000 |
| Selling and Distribution Expenses | 1,50,000 | 1,00,000 |
| 2,00,000 | 1,50,000 |
[Ans.]
| Particulars | Absolute change (₹) | Percentage Change (%) |
| Revenue from Operations | 10,00,000 | 25.00 |
| Purchase of Stock-in-Trade | 5,50,000 | 19.30 |
| Change in Inventories | (50,000) | (33.33) |
| Employee Benefit Exp. | – | – |
| Other Expenses | 50,000 | 33.33 |
| Total Expenses | 5,50,000 | 16.92 |
| Net Profit | 4,50,000 | 60.00 |
Solution:-
Following is the list of solutions
| S.N | Solutions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
| S.N | Solutions |
| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
| 19 | Question – 19 |
| 20 | Question – 20 |
| S.N | Solutions |
| 21 | Question – 21 |
| 22 | Question – 22 |
| 23 | Question – 23 |
| 24 | Question – 24 |
| 25 | Question – 25 |
| 26 | Question – 26 |
| 27 | Question – 27 |
