From the following information prepare a Comparative Statement of Profit and Loss of Y Ltd:
Particulars | 31.3.2023 | 31.3.2022 | |
---|---|---|---|
Revenue from Operations Purchase of stock in trade Change in inventories (% of purchase of stock in trade) Other Expenses Tax Rate |
Rs. Rs. Rs. |
40,00,000 24,00,000 25 % 2,00,000 40% |
20,00,000 12,00,000 20% 1,60,000 40 % |
Marks-4, CBSE: 2023-24/Zone-4/Set-1/Q-33b*
Answer :