The following particulars are related to the Statement of Profit and Loss of AT Ltd : Particulars 2018-2019(Rs.) 2017-18(Rs.) Revenue From operations 37,50,000 30,00,000 Other Income 75,000 60,000 Expenses 25,75,000 20,60,000 Income Tax rate 40% 40% Prepare Comparative Statement of Profit and Loss.  Marks-4, CBSE:2019-20/Comp/01/Q-31* Answer : Back

From the following Balance Sheet of Surbhi Ltd. as at 31st March, 2019, prepare a Common Size Balance Sheet :  Balance Sheet of Surbhi Ltd. as at 31st March, 2019 Particulars Note no. 31.3.2019(₹) 31.3.2018(₹) I – Equity and Liabilities : 1. Shareholders Funds : (a) Share Capital 20,00,000 9,00,000...

From the following information, prepare a Comparative Statement of Profit and Loss: Particulars 2019-20 2018-19 Revenue from Operations 60,00,000 45,00,000 Employee Benefit Expenses 30,00,000 20,00,000 Other Expenses 15,00,000 10,00,000 Tax Rate 60% 60% Marks-4, CBSE:2020-21/Compartment/Q-31* Answer : Back

From the following information, prepare a Common Size Balance Sheet Particulars Note No. 31.3.2020₹ 31.3.2020₹ Equity and Liabilities: 1. Shareholder’s Funds 4,00,000 2,00,000 2. Non-Current Liabilities 2,50,000 1,00,000 3. Current Liabilities 1,50,000 1,00,000 Total 8,00,000 4,00,000 Assets 1. Non-Current Assets 5,00,000 2,50,000 2. Current Assets 3,00,000 1,50,000 Total 8,00,000 4,00,000...

Prepare a comparative Statement of Profit and Loss from the following: Particulars 31st March, 2019₹ 31st March, 2020₹ Revenue from Operations 20,00,000 25,00,000 Cost of Material Consumed 10,00,000 13,00,000 Other Expenses Nil 1,20,000 Tax rate 50% 50% Marks-4, CBSE:2020-21/Sample/Q-31* Answer : Back

From the following Balance Sheet of R Ltd., Prepare a Common Size Statement  Balance Sheet of R Ltd. (as at 31st March,2020). Particulars Note No. 31st March, 2019₹ 31st March, 2020₹ Equity and Liabilities Shareholder’s Funds Share Capital 2,50,000 2,00,000 Reserves and Surplus 80,000 60,000 Current Liabilities Trade Payables 70,000...

From the following details provided by Kumud Ltd., prepare Comparative Statement of Profit & Loss for the year ended 31st March 2021: Particulars 31.03.20 (₹) 31.03.21 (₹) Revenue from operations Other Income Cost of materials Consumed Other Expenses Tax rate 30,00,000 3,00,000 20,00,000 1,00,000 40% 35,00,000 4,50,000 23,00,000 1,20,000 40%...

From the following Balance Sheets of Vinayak Ltd. as at 31st March,2021, Prepare a Common-size Balance Sheet.. Vinayak Ltd. Balance Sheet as on 31st March, 2021  Particulars Note no. 31.3.2021(₹) 31.3.2020(₹) I EQUITY AND LIABILITIES 1. Shareholder’s Funds: a. Share Capital 30,50,000 20,00,000 b. Reserve and Surplus 2,80,000 6,00,000 2....

From the following information, prepare Comparative statement of Profit and Loss for the year ended 31st March 2021. Particulars Note No. 2020-21₹ 2019-20₹ Revenue from Operations 4,00,000 2,00,000 Other Income 80,000 40,000 Expenses – 50% of Revenue from Operations Tax Rate 50% Marks-3, CBSE:2021-22/Term-2/Zone-1/Set-1/Q-11* Answer : Back

Prepare a Common Size statement of Profit and Loss’ of Birla Ltd. for the year ended 31st March, 2021 from the following information: Particulars Note No. 2020-21₹ 2019-20₹ Revenue from Operations 20,00,000 10,00,000 Purchase of Stock-in-trade 4,00,000 2,00,000 Other Expenses 40,000 20,000 Tax Rate @ 50% Marks-3, CBSE:2021-22/Term-2/Zone-1/Set-1/Q-11* Answer :...

From the following information of Shruti Ltd, prepare Comparative Statement of Profit and Loss: Particulars Note No. 2020-21₹ 2019-20₹ Revenue from Operations 15,00,000 10,00,000 Expenses 3,00,000 2,00,000 Tax Rate 30% Marks-3, CBSE:2021-22/Term-2/Zone-2/Set-1/Q-11* Answer : Back

From the following Balance Sheet of Avinash Ltd. as on 31st March, 2021, prepare a Comparative Balance Sheet: Balance Sheet of Avinash Ltd. as at 31st March, 2021 Particulars Note No. 31.03.2021₹ 31.03.2020₹ I Equity and Liabilities: Shareholders’ Funds Share Capital 30,00,000 20,00,000 2. Non-Current Liabilities Long-term Borrowings – –...

From the following information, prepare a “Common Size Statement of Profit and Loss’ of KK Ltd. for the year ended 31.3.2021 and 31.3.2022: Particulars Note No. 2021-22₹ 2020-21₹ Revenue from Operations 20,00,000 15,00,000 Other Income 2,00,000 1,50,000 Expenses 4,00,000 3,00,000 Tax Rate @ 50% Marks-3, CBSE:2021-22/Term-2/Zone-3/Set-1/Q-11* Answer : Back

From the following Balance Sheet of J.J. Ltd. prepare a Comparative Balance Sheet as at 31.3.2022: J.J. Ltd. Balance Sheet as at 31.3.2022 Particulars Note No. 31.03.2022₹ 31.03.2021₹ I Equity and Liabilities: Shareholders’ Funds (a) Equity Share Capital 25,00,000 20,00,000 (b) Reserves and Surplus 5,00,000 4,00,000 2. Non-Current Liabilities Long-term...

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...

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...

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 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...

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,...

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%...

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...

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 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...

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 following information, prepare Comparative Statement of Profit and Loss for the year ended 31st March, 2023: Particulars 2022-23Rs. 2021-22Rs. Revenue from OperationsOther incomeEmployee benefit expenses – 50% of revenue from OperationsTax Rate 50% 4,00,00080,000 2,00,00040,000 Marks-4, CBSE: 2023-24/Zone-2/Set-1/Q-33a* Answer : The solution is available on our Mobile App...

Prepare a ‘Common Size Statement of Profit and Loss’ of Neurosci Ltd. Ltd. for the year ended 31st March, 2023 from the following information:  Particulars 2022-23Rs. 2021-22Rs. Revenue from OperationsPurchase of stock in tradeOther expensesTax Rate 50% 40,00,0004,00,00040,000 20,00,0002,00,00020,000 Marks-4, CBSE: 2023-24/Zone-2/Set-1/Q-33b* Answer : The solution is available on our...

From the following Balance Sheet of Hira Ltd. as at 31st March, 2023, prepare Comparative Balance Sheet: Balance Sheet of Hira 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....

From the following information of NK Ltd., prepare a Common Size Statement of Profit and Loss for the years ended 31st March, 2022 and 31st March, 2023:  Particulars 31.3.2023 31.3.2022 Revenue from OperationsCost of Materials ConsumedEmployee Benefit ExpensesIncome Tax Rate Rs. Rs.Rs.% 25,00,0008,00,0004,00,00020 20,00,0006,00,0004,00,00030 Marks-4, CBSE: 2023-24/Zone-3/Set-1/Q-33b* Answer : The...

Prepare a Common Size Balance Sheet of X Ltd. from the following information: Balance Sheet of X 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) Equity Share Capital (b) Reserves and Surplus2. Non-Current Liabilities3. Current Liabilities 30,00,00010,00,00020,00,00020,00,000...

From the following information prepare a Comparative Statement of Profit and Loss of Y Ltd: Particulars 31.3.2023 31.3.2022 Revenue from OperationsPurchase of stock in tradeChange in inventories (% of purchase of stock in trade)Other ExpensesTax Rate Rs.Rs. Rs. 40,00,00024,00,00025 %2,00,00040% 20,00,00012,00,00020%1,60,00040 % Marks-4, CBSE: 2023-24/Zone-4/Set-1/Q-33b* Answer : The solution is...

From the following Statement of Profit and Loss of Shikha Ltd., prepare Comparative Statement of Profit and Loss for the year ended 31st March, 2023. Shikha Ltd. Statement of Profit and Loss for the year ended 31st March, 2023 Particulars 2022-23Rs. 2021-22Rs. Revenue from OperationsExpenses: Employee Benefit Expenses Other Expenses...

From the following information prepare a Common Size Statement of Profit and Loss of A Ltd. and B Ltd. For the year ended 31st March, 2023:  Particulars A Ltd. B Ltd. Revenue from OperationsOther IncomeExpensesTax Rate Rs.Rs.Rs. 20,00,0003,00,00010,40,00040 % 10,00,00080,0004,80,00040 % Marks-4, CBSE: 2023-24/Zone-5/Set-1/Q-33b* Answer : The solution is available...

From the given Balance Sheet of Moonlight Ltd., prepare a Common Size Balance Sheet:  Balance Sheet of Moonlight Ltd. as at 31st March, 2023 Particulars 31.03.2023 (₹) 31.03.2022 (₹) I – Equity and Liabilities: Shareholders’ Funds Share Capital 12,00,000 5,00,000 Non-Current Liabilities: Long-term Borrowings Current Liabilities Trade Payables 2,00,0006,00,000 3,00,0002,00,000...

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:...