# Question 06 Chapter 2 of +2-B – USHA Publication 12 Class

Q-6- CH-2 Book 2 - Usha Pub. +2 Book 2020 - Solution

Question 06 Chapter 2 of +2-B

Comparative Statement of Profit & Loss

6.From the following information, prepare a comparative Statement of Profit and Loss of Vimar Ltd.

 Particular 31stMarch, 2016 31st March, 2015 Revenue from Operations 24,00,000 20,00,000 Cost of revenue from operation 10,00,000 18,00,000 Indirect Expenses 80,000 50,000 Tax Rate 40% 40%

## The solution of Question 06 Chapter 2 of +2-B: –

 Comparative Balance Sheet of Sun Ltd. Particulars Note no. 31st March,2015(A)(3) 31st March,2016(B)(4) Absolute Change(Increase/Decrease)(C=B-A)(5) Percentage Change (Increase/Decrease)(D=C/A x 100)(6) Revenue from Operation 20,00,000 24,00,000 4,00,000 20.00% Less: Cost of Revenue from Operation 18,00,000 10,00,000 (8,00,000) (44.44%) Indirect Expenses 50,000 80,000 30,000 60.00% Total Expenses 18,50,000 10,80,000 7,70,000 41.62% Profit Before Tax 1,50,000 420000 270000 180.00% Less: Tax 40% 60,000 168000 108000 180.00% Profit after Tax 90,000 252000 162000 180.00%

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