From the following information, prepare a Comparative Statement of Profit and Loss of X Ltd. for the year ended 31st March, 2024.
| Particulars | 2023-24 | 2022-23 |
|---|---|---|
| Revenue from operations | ₹40,00,000 | ₹20,00,000 |
| Cost of revenue from operation | 60% of Revenue from operations | 50% of Revenue from operations |
| Employees Benefit Expenses | ₹8,00,000 | ₹6,00,000 |
| Tax Rate | 25% | 25% |
Marks-3, CBSE: 2024-25/Zone-7/Set-1/Q-32
Answer :
