Particulars | 2016 Amt (Rs.) | 2017 Amt (Rs.) | |
I. | Income | ||
Revenue from Operations (Sales) | 3,00,000 | 3,50,000 | |
II. | Expenses | ||
Purchases of Stock-in-trade | 1,80,000 | 2,10,000 | |
Changes in Inventories of Stock-in-trade | 20,000 | 15,000 | |
Employees Benefit Expenses | 15,000 | 17,500 | |
Other Expenses | 5,000 | 7,500 | |
Total | 2,20,000 | 2,50,000 | |
III. | Net Profit (I - II) | 80,000 | 1,00,000 |
Answer:
Comparative Statement of Profit And Loss for the years ended 31st March, 2016 and 2017
Particulars Note No. 31st March, 2016 31st March, 2017 (Rs.) Absolute Change (Increase or Decrease) Rs. Percentage Change (Increase or Decrease) (%) (A) (B) (C = B ? A) \[\left( D=\frac{C}{A}\times 100 \right)\] I. Revenue from Operations 3,00,000 3,50,000 50,000 16.67 (Sales) II. Expenses Purchases of Stock-in-trade 1,80,000 2,10,000 30,000 16,67 Changes in Inventories of Stock-in-trade 20,000 15,000 (5,000) (26) Employees Benefit 15,000 17,500 2,500 16,67 Expenses Other Expenses 5,000 7,500 2,500 50 Total Expenses 2,20,000 2,50,000 30,000 13,64 III. Net Profit (I-II) 80,000 1,00,000 20,000 25
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