Question

Fill in the missing figures in the following:
COMPARATIVE STATEMENT OF PROFIT AND LOSS
For the year ended 31st March 2018 and 2019
Particulars
Note. 2017-18 2018-19
No
Absolute
Percentage
change(Increase change(Increase
or Decrease) or Decrease)
Rs.
%
25
Rs.
Rs.
20,00,000
--
4,00,000
(25)
1. Revenue from
Operations
2.Add: Other Income
3. Total Revenue 1+2
4. Less: Expenses
5. Profit before tax(3-4)
19,20,000
3,20,000
--​

Answer 1

Answer:

Particulars Note

No. 31st March, 2019

(₹) 31st March, 2018

(₹)

I. EQUITY AND LIABILITIES

1. Shareholder's Funds

(a) Share Capital

3,50,000 3,00,000

2. Non-Current Liabilities

Long-term Borrowings

1,00,000 2,00,000

3. Current Liabilities :

Trade Payables

1,50,000 1,00,000

Total 6,00,000 6,00,000

II. ASSETS

1. Non-Current Assets

Fixed Assets (Tangible)

4,00,000 3,00,000

2. Current Assets

Trade Receivables

2,00,000

3,00,000

Total

6,00,000

6,00,000