Question

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From the following information,
Prepare a comparative statement of profit and loss.
Particulars
Revenue from operation 2011-12= 1,20,000
2012-13= 150,000
cost of Material consumed
2011-12= 70000
2012-13 =75,000
Employees Benefit Expenses 2011-12= 18,000.
2012-13=22,50
Other Expenses
2011-12=2000 2012-13= 2500
income Tax 2011-12= 20,000
2012-13= 25000

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Answer 1

Answer:

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