From the following information provided, prepare a comparative statement for the period 2008 and 2009.
Particulars | 2008 Amt (Rs.) | 2009 Amt (Rs.) |
---|---|---|
Revenue from Operations | 6,00,000 | 8,00,000 |
Gross Profit | 40% on Revenue from Operations | 50% on Revenue from Operations |
Administrative Expenses | 20% of Gross Profit | 15% of Gross Profit |
Income Tax | 50% | 50% |
Following is the Statement of Profit & Loss of X L Limited for the year ended March 31, 2017:
STATEMENT OF PROFIT & LOSS
for the year ended March 31, 2017
Particulars | Notes to Accounts | 2015-16 Amount (₹) | 2016-17 Amount (₹) |
Revenue from Operations | 50,00,000 | 80,00,000 | |
Expenses: | |||
(a) Employee Benefit Expenses : 10% of Revenue from Operations | |||
(b) Other Expenses | 10,00,000 | 12,00,000 | |
Tax Rate 40% |
Prepare Comparative Statement of Profit & Loss of X L Limited.
Prepare Common size statement of profit and Loss from the following information for the year ended March 31st March, 2021:
Particulars | 2020 - 21 (₹) | 2019 - 20 (₹) |
Revenue from Operations | 16,00,000 | 8,00,000 |
Expenses | 4,00,000 | 1,60,000 |
Tax Rate 50% |
From the following information extracted from the Statement of Profit and Loss for the years ended 31st March, 2022 and 2023, prepare a Comparative Statement of Profit & Loss:
Particulars | 2022-23 | 2021-22 |
---|---|---|
Revenue from operations | ₹ 6,00,000 | ₹ 5,00,000 |
Other incomes (% of revenue from operations) | 20% | 20% |
EEmployee benefit expenses (% of Total Revenue) | 40% | 30% |
Tax rate | 50% | 50% |
From the following Balance Sheets of Vinayak Ltd. as at 31st March, 2019, prepare a comparative Balance Sheet.
Vinayak Ltd.
Balance Sheet as at 31st March, 2019
Particulars | Note No. | 31-3-19 (₹) | 31-3-18 (₹) | |
I. | Equity and Liabilities: | |||
1. | Shareholders Funds | |||
(a) Share Capital | 21,00,000 | 20,00,000 | ||
(b) Reserves and Surplus | 2,30,000 | 2,00,000 | ||
2. | Non-current Liabilities | |||
Long term borrowing | 5,60,000 | 2,00,000 | ||
3. | Current Liabilities | |||
Trade payables | 2,80,000 | 1,00,000 | ||
Total | 31,70,000 | 25,00,000 | ||
II. | Assets: | |||
1. | Non-current Assets | |||
Fixed Assets | ||||
(i) Tangible assets | 21,00,000 | 20,00,000 | ||
(ii) Intangible assets | 3,00,000 | 2,00,000 | ||
2. | Current Assets | |||
(a) Inventories | 5,60,000 | 2,00,000 | ||
(b) Cash and cash equivalents | 2,10,000 | 1,00,000 | ||
Total | 31,70,000 | 25,00,000 |
From the following Statement of Profit and Loss, prepare a Common Size Statement of Profit and Loss of Jay Ltd. for the year ended 31st March 2023:
Statement of Profit And Loss of Jay Ltd.
for the year ended 31st March 2023
Particulars | (₹) |
Income: | |
Revenue from Operations | 25,38,000 |
Other Incomes | 38,000 |
Total Income | 25,76,000 |
Expenses: | |
Cost of Materials Consumed | 14,00,000 |
Other Expenses | 5,00,000 |
Total Expenses | 19,00,000 |
Tax | 3,38,000 |
From the following information, prepare a Comparative Statement of Profit and Loss of Y Ltd. for the year ended 31st March, 2022:
Particulars | 2021-22 (₹) | 2020-21 (₹) |
Revenue from Operations | 40,00,000 | 30,00,000 |
Other Income | 10,00,000 | 10,00,000 |
Employees Benefit Expenses | 5,00,000 | 5,00,000 |
Othere Expenses | 35,00,000 | 20,00,000 |
Tax Rat @ 50% |
Prepare a comparative statement of Profit and Loss from the following information extracted from the statement of Profit and Loss for the year ended 31st March, 2017 and 2018.
Particulars | 2017-18 | 2016-17 |
Revenue from operations | (₹) 12,00,000 | (₹) 10,00,000 |
Other income (% of Revenue from operations) | 25% | 25% |
Employee benefit expenses (% of total Revenue) | 40% | 30% |
Tax Rate | 40% | 40% |
Prepare Common-size Statement of Profit and Loss from the following for the year ended 31st March 2013.
Particulars | (Rs.) |
Revenue from Operations | 21,00,000 |
Cost of Materials Consumed | 9,90,000 |
Other Expenses | 3,90,000 |
Interest on investment | 80,000 |
Tax Payable | 50% |
From the following ‘statement of profit and loss’ of Suntrack Ltd, for the years ended 31st March 2011 and 2012, prepare a ‘comparative statement of profit and loss’.
Particulars | Note No. | 2011-12 Amt (Rs.) | 2010-11 Amt (Rs.) |
---|---|---|---|
Revenue from Operations | 20,00,000 | 12,00,000 | |
Other Income | 12,00,000 | 9,00,000 | |
Expenses | 13,00,000 | 10,00,000 |