Advertisements
Advertisements
प्रश्न
From the following particulars, prepare a comparative income statement of Barani Ltd.
| Particulars | 2016-17 ₹ | 2017-18 ₹ |
| Revenue from operations | 30,000 | 45,000 |
| Other income | 4,000 | 6,000 |
| Expenses | 10,000 | 15,000 |
| Income tax | 30% | 30% |
उत्तर
Computation of % increase for revenue from operation
Percentage increase `= 15000/30000 xx 100` = 50%
Comparative Income statement of Barani Ltd.
for the year ended 31.3.17 & 31.3.18
| Particulars | 2016- 2017 Rs. | 2017-2018 Rs. | Absolute amount of (+) ↑ (or) (-) ↓ |
% of (+) ↑ (or) (-) ↓ |
| Revenue from operations | 30,000 | 45,000 | +15,000 | 50% |
| Add: Other income | 4,000 | 6,000 | +2,000 | 50% |
| Total Income | 34,000 | 51,000 | +17,000 | 50% |
| Less: Expenses | 10,000 | 15,000 | +5,000 | 50% |
| Profit before tax | 24,000 | 36,000 | +12,000 | 50% |
| Less: Income tax 30% | 7200 | 10,800 | +3,600 | 50% |
| Profit after tax | 16,800 | 25,200 | +8,400 | 50% |
APPEARS IN
संबंधित प्रश्न
A limited company’s sales have increased from ‘ 1,25,000 to 1,50,000. How does this appear in the comparative income statement?
From the following particulars, prepare a comparative income statement of Arul Ltd.
| Particulars | 2015-16 (₹) | 2016-17 (₹) |
| Revenue from operations | 50,000 | 60,000 |
| Other income | 10,000 | 30,000 |
| Expenses | 40,000 | 50,000 |
From the following Particulars, prepare a comparative income ‘statement of Daniel Ltd.
| Particulars | 2015 -16 ₹ |
2016-17 ₹ |
| Revenue from operations | 40,000 | 50,000 |
| Operating expenses | 25,000 | 27,500 |
| Income tax (% of the profit before tax) |
30% | 30% |
Explain the steps involved in preparing comparative statements?
From the following particulars, prepare a comparative .statement of the financial position of Muthu Ltd.
| Particulars | 31st March 2017 (₹) | 31st March 2018 (₹) |
| I. Equity and Liabilities | ||
| Shareholders’ Fund | 4,00,000 | 4,40,000 |
| Non-current liabilities | 1,50,000 | 1,65,000 |
| Current liabilities | 75,000 | 82,500 |
| Total | 6,25,000 | 6,87,500 |
| II. Assets | ||
| Non-Current assets | 5,00,000 | 6,00,000 |
| Current assets | 1,25,000 | 87,500 |
| Total | 6,25,000 | 6,87,500 |
From the following particulars, prepare a comparative statement of the financial position of Kala Ltd.
| Particulars | 31st March, 2017 (₹) |
31st March, 2018 (₹) |
| I. EQUITY AND LIABILITIES | ||
| 1. Shareholders' Fund | ||
| a) Share capital | 3,00,000 | 3,60,000 |
| b) Reserves and surplus | 50,000 | 50,000 |
| 2. Non-current liabilities | ||
| Long-term borrowings | 50,000 | 40,000 |
| 3. Current liabilities | ||
| Trade payables | 20,000 | 12,000 |
| Total | 4,20,000 | 4,62,000 |
| II. ASSETS | ||
| 1. Non - Current assets | ||
| a) Fixed assets | 2,50,000 | 2,90,000 |
| b) Non - Current investments | 50,000 | 40,000 |
| 2. Current assets | ||
| Inventories | 80,000 | 1,00,000 |
| Cash and Cash equivalents | 40,000 | 32,000 |
| Total | 4,20,000 | 4,62,000 |
