Prepare a Comparative Statement of Profit & Loss from the following details.
Particulars
31.3.2017(Rs.)
31.3.2018(Rs.)
20,00,000
30,00,000
Revenue from operation
Other income (% of revenue
20%
15%
from operation)
Expenses (% of operating
60%
revenue)
50%
Answers
Answer:
8? 15,000 paid for new electric fittings for the shop.
(1) Hanuman gave away goods valued at 40,000 as free samples for which no entry was made in
the books of accounts.
(ii) Invoices for goods amounting to 2,50,000 have been entered on 27th March, ? 15,000 paid for new electric fittings for the shop.
(1) Hanuman gave away goods valued at 40,000 as free samples for which no entry was ? 15,000 paid for new electric fittings for the shop.
(1) Hanuman gave away goods valued at 40,000 as free samples for which no entry was made in
the books of accounts.
(ii) Invoices for goods amounting to ? 15,000 paid for new electric fittings for the shop.
(1) Hanuman gave away goods valued at 40,000 as free samples for which no entry was made in
the books of accounts.
(ii) Invoices for goods amounting to ? 15,000 paid for new electric fittings for the shop.
(1) Hanuman gave away goods valued at 40,000 as free samples for which no entry was made in
the books of accounts.
(ii) Invoices for goods amounting to 2,50,000 have been entered on 27th March, 2016, but the
goods were not included in stock.
(iv) In March, 2016 goods of 2,00,000 sold and have been entered on 27th March, 2016, but the
goods were not included in stock.
(iv) In March, 2016 goods of 2,00,000 sold and have been entered on 27th March, 2016, but the
goods were not included in stock.
(iv) In March, 2016 goods of 2,00,000 sold and in
the books of accounts.
(ii) Invoices for goods amounting to 2,50,000 have been entered on 27th March, 2016, but the
goods were not included in stock.
(iv) In March, 2016 goods of 2,00,000 sold and, but the
goods were not included in stock.
(iv) In March, 2016 goods of 2,00,000 sold and