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प्रश्न
Prepare Common Size Income Statement for the year ended 31st March, 2021 from the following information:
Particulars | 2020-21 (₹) | 2019-20 (₹) |
Revenue from operations | 10,00,000 | 5,00,000 |
Other Income | 1,00,000 | 50,000 |
Expenses | 2,00,000 | 1,00,000 |
Income Tax @ 40% |
खाता बही
उत्तर
Absolute Amounts | Percentage of Revenue of operations | |||
Particulars | 2019-20 (₹) | 2020-21 (₹) | 2019-20 (₹) | 2020-21 (₹) |
Revenue from operations | 5,00,000 | 10,00,000 | 100 | 100 |
Add: Other Income | 50,000 | 1,00,000 | 10 | 10 |
Total Revenue | 5,50,000 | 11,00,000 | 110 | 110 |
Less: Expenses | 1,00,000 | 2,00,000 | 20 | 20 |
Profit Before tax | 4,50,000 | 9,00,000 | 90 | 90 |
Less: Income tax | 1,80,000 | 3,60,000 | 36 | 36 |
Profit after tax | 2,70,000 | 5,40,000 | 54 | 54 |
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