From the following particulars of Accent Ltd., prepare a Comparative Statement of Profit and Loss for the year ended 31st March, 2023:
Particulars | Note No. | 2022 – 23 (₹) |
2021 – 22 (₹) |
---|---|---|---|
Revenue from operations | 25,00,000 | 20,00,000 | |
Employee benefit expenses | 5,00,000 | 4,00,000 | |
Other expenses | 2,50,000 | 2,00,000 | |
Tax rate 50% |
Marks-4, CBSE: 2023-24/Compartment/Set-1/Q-33b*
Answer :