Q. 26 DK Goel Comparative Statements Solutions CBSE (2024-25)

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Solution of Question number 26 of DK Goel Comparative Statements chapter of CBSE Board (2024-25)

From the following Statement of Profit and Loss of Moontrack Ltd., for the years ended 31st March 2023 and 2022, prepare a ‘Comparative Statement of Profit & Loss’.

Particulars2022-232021-22
Revenue from Operations40,00,00024,00,000
Other Incomes24,00,00018,00,000
Expenses16,00,00014,00,000

[Ans. Profit before Tax 2022 ₹ 28,00,000 and 2023 ₹ 48,00,000.]

Percentage (%) Change in:

Revenue from Operations66.67
Other Income33.33
Total Income52.38
Expenses14.29
Profit before Tax71.43

Solution:-

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