Question

apers 31. Fill in the amounts left blank in the following Common Size Statement of Profit and Loss for the [4 year ended 31st March, 2019: % of Revenue Absolute Change from operations Particulars 2017-18 2018-19 2017-18 2018-19 ₹ ₹ I. Revenue from operations 20,00,000 25,00,000 100 10 II. Other Income 1,00,000 2,50,000 III. Total Revenue 21,00,000 27,50,000 105 110 IV. Expenses (a) Cost of Material consumed 8,00,000 30 32 (b) Change in Inventory 1,00,000 2,00,000 8 4,50,000 15 18 (c) Employee Benefit Expense 2,25,000 10 9 (d) Other expenses Total Expenses 12,00,000 16,75,000 V. Profit before Tax (III-IV) 9,00,000 10,75,000 45 43 Less : Tax 2,00,000 2,50,000 10 VI. Profit after Tax 7,00,000 8,25,000 35 33 67 Answer: For the year ended 31st March, 2019​

Answer 1

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