Question

24. Prepare a Common-size Statement of Profit and Loss of Hari Darshan Ltd.' from the following information:
Note No.
2018-19
2017-18
Particulars
Revenue from Operations
Purchase of Stock-in-Trade
Changes in Inventories
Other Expenses
Other Incomes
Tax Rate 50%
20,00,000
7,70,000
1,20,000
52,000
60,000
10,00,000
4,20,000
80,000
30,000
50,000
​

Answer 1

Answer:

Revenue from Operations

Purchase of Stock-in-Trade

Changes in Inventories

Other Expenses

Other Incomes

Tax Rate 50%

20,00,000

7,70,000

1,20,000

52,000

60,000

10,00,000