Particulars | Note No. | 21st March 2018 Amt (Rs.) | |
I. | Income | ||
Revenue from Operations | 10,00,000 | ||
Other Income | 2,00,000 | ||
Total Revenue | 12,00,000 | ||
II. | Expenses | ||
Purchases of Stock-in-trade | 5,00,000 | ||
Change in Inventories of Stock-in-trade | 2,50,000 | ||
Other Expenses | 1,50,000 | ||
Total | 9,00,000 | ||
III. | Net Profit before Tax (I-II) | 3,00,000 |
Answer:
Common Size Statement of Profit and Loss For the year ending 31st March, 2018
Particulars Note No. Absolute Amount 31st March, 2018 (Rs.) Percentage of Revenue from Operations 31st March, 2018 (Rs.) I. Revenue from Operations 10,00,000 100 II. Other Income 2,00,000 20 III. Total Income 12,00,000 120 IV. Expenses (a) Purchases of Stock?in-trade 5,00,000 50 (b) Changes in Inventories of Stock-in-trade 2,50,000 25 (c) Other Expenses 1,50,000 15 Total Expenses 9,00,000 90 V. Profit before Tax (III-IV) 3,00,000 30
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