# Question 13 Chapter 2 of +2-B – USHA Publication 12 Class

Q-13- CH-2 Book 2 - Usha Pub. +2 Book 2020 - Solution

Question 13 Chapter 2 of +2-B

Comparative Statement of Profit & Loss

13. From the following Statement of Profit and Loss Prepare a comparative Statement of Profit and Loss :

 Particular 31st March, 2016 31st March, 2015 I.Income Revenue from Operations 25,00,000 20,00,000 Other Income 1,50,000 1,00,000 Total 26,50,000 21,00,000 I.Expenses Purchase of Stock in trade 15,00,000 12,00,000 Employees Benefit Expenses 2,00,000 2,00,000 Depreciation 50,000 50,000 Other Expenses 6,00,000 4,50,000 Total 23,50,000 19,00,000 I.Net Profit 3,00,000 2,00,000

## The solution of Question 13 Chapter 2 of +2-B: –

 comparative Statement of Profit and Loss 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 25,00,000 5,00,000 25.00% Other Incomes 1,00,000 1,50,000 50,000 50.00% Total 21,00,000 26,50,000 5,50,000 26.19% Less: Purchase of Stock 12,00,000 15,00,000 3,00,000 25.00% Employees Exapenses 2,00,000 2,00,000 – – Depreciation 50,000 50,000 – – Other Expenses 4,50,000 6,00,000 1,50,000 33.33% Total 19,00,000 23,50,000 4,50,000 23.68% Profit Before Tax 2,00,000 3,00,000 1,00,000 50.00%

Balance Sheet: Meaning, Format & Examples

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