Q. 4 DK Goel Comparative Statements Solutions CBSE (2024-25)

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Solution of Question number 4 of DK Goel Comparative Statements chapter of CBSE Board (2024-25)

Following particulars are obtained from the books of India Ltd.:

31.03.202331.03.2024
Revenue from Operations16,00,00020,00,000
Employee Benefit Expenses8,00,00010,00,000
Other Expenses10,00,000
Income Tax50%50%

You are required to prepare a Comparative Statement of Profit & Loss.

[Ans. Profit After Tax: 2023 ₹ 4,00,000; 2024 ₹ 4,50,000.]

Revenue from Operations25.00
Employee Benefit Expenses25.00
Other Expenses
Total Expenses37.50
Profit before Tax12.50
Profit After Tax12.50

Solution:-

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