Question

Prepare a comparative Income statement from the following
information :
Particulars
2018
2019
F ₹
1,20,000
Gross Sales
Sale Returns
1,35,800
5,200
3,800
Cost of Good Sold
80,000
84,000
Operating Expenses
12,000
9,000
Income Tax
50 %
50 %​

Answer 1

Answer:

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