From the following information, prepare a Comparative Statement of Profit and Loss for the year ended 31st March, 2022 and 2023: Particulars Note No. 2022-23Rs. 2021-22Rs. Revenue from OperationsEmployee benefit expensesOther expensesTax Rate 50% 10,00,0002,50,0005,50,000 8,00,0001,00,0004,00,000 Marks-4, CBSE: 2023-24/Zone-1/Set-1/Q-33b* Answer : The solution is available on our Mobile App Back
From the given Balance Sheet of Geox Ltd., prepare Common Size Balance Sheet: Balance Sheet of Geox Ltd. as at 31st March, 2023 Particulars Note No. 31.3.2023 Rs. 31.3.2022 Rs. I – Equity and Liabilities:1. Shareholders’ Funds (a) Share Capital 2. Non-Current Liabilities (a) Long-term Borrowings3. Current Liabilities (a) Trade Payables 4,00,0002,00,0002,00,000 2,50,0001,50,0001,00,000 Total 8,00,000 … Read more
From the following information , prepare comparative statement of Profit & Loss Particulars Note No. 2022-23(₹) 2021-22(₹) Revenue from operations 10,00,000 8,00,000 Other Income 2,20,000 1,50,000 Cost of materials consumed 4,00,000 3,00,000 Change in inventories of finished goods and work in progress 2,00,000 1,00,000 Other Expenses(% of cost of Revenue from Operations 15% 10% Tax … Read more
From the information extracted from the statement of Profit & Loss of Zee Ltd for the year ended 31st March 2022 and 31st March 2023, prepare a common size statement of profit & loss: Particulars Note No. 2022-23(₹) 2021-22(₹) Revenue from operations 8,00,000 10,00,000 Gross Profit 60% 70% Other Expenses 2,20,000 2,60,000 Tax Rate 50% … Read more
From the following information, prepare Common Size Statement of Profit and Loss for the year ended 31st March, 2021 and 31st March, 2022 Particulars Note No. 2021-22₹ 2020-21₹ Revenue from Operations 5,00,000 2,00,000 Other Income 3,00,000 50,000 Employee Benefit Expenses 4,00,000 1,50,000 Other Expenses 10,000 10,000 Income Tax @ 50% Marks-3, CBSE:2021-22/Compartment/Q-11* Answer : Back
From the following Statement of Profit and Loss of Raman Ltd, prepare a Comparative Statement of Profit and Loss for the year ended 31st March, 2022: Particulars Note No. 2021-22₹ 2020-21₹ Revenue from Operations 26,00,000 20,00,000 Employee Benefit Expenses 6,00,000 5,00,000 Other Expenses 12,00,000 10,00,000 Income Tax @ 50% Marks-3, CBSE:2021-22/Compartment/Q-11* Answer : Back
From the following Balance Sheet of Rohit Ltd., prepare a Common Size Balance Sheet: Balance Sheet of Rohit Ltd. as at 31st March, 2021 Particulars Note No. 31.03.2021₹ 31.03.2020₹ I Equity and Liabilities: Shareholders’ Funds 3,20,000 1,60,000 2. Current Liabilities 80,000 40,000 Total 4,00,000 2,00,000 II Assets : 1. Non-Current Assets 3,00,000 1,50,000 2. Current … Read more
From the information extracted from the Statement of Profit and Loss prepare a Comparative Statement of Profit and Loss for the year ended 31st March,2021: Particulars 2020-21₹ 2019-20₹ Revenue from Operations 7,20,000 4,00,000 Expenses 5,00,000 2,00,000 Tax Rate @ 50% Marks-3, CBSE:2021-22/Term-2/Zone-5/Set-1/Q-11* Answer : Back
From the following Balance Sheet of Jeevan Ltd. as at 31st March, 2022, prepare a Comparative Balance Sheet: Balance Sheet of Jeevan Ltd. as at 31st March, 2022 Particulars Note No. 31.03.2022₹ 31.03.2021₹ I Equity and Liabilities: Shareholders’ Funds Share Capital 16,00,000 10,00,000 2. Non-Current Liabilities Long-term Borrowings 6,00,000 5,00,000 3. Current Liabilities Trade Payables … Read more
Prepare a Common Size Balance Sheet from the following Balance Sheet of Shree Ltd. as at 31st March, 2022: Balance Sheet of Shree Ltd. as at 31st March, 2022 Particulars Note No. 31.03.2022₹ 31.03.2021₹ I Equity and Liabilities: Shareholders’ Funds Share Capital 40,00,000 30,00,000 2. Non-Current Liabilities Long-term Borrowings 20,00,000 15,00,000 3. Current Liabilities Trade … Read more