# Question 15 Chapter 3 of +2-B – T.S. Grewal 12 Class

Question No. 15 - Chapter No.3 - T.S. Grewal +2 Book Part B

Question 15 Chapter 3 of +2-B

Comparative Statement of Profit and Loss (Income Statement)

15. From the following Statement of Profit and Loss of Antriksh Ltd. For the year ended 31st March 2012 and 2013, prepare a comparative Statement of Profit and Loss

 Particulars 31st March, 31st March, 2013 2012 Revenue from Operations 14,00,000 8,00,000 Other Income 6,00,000 4,00,000 Expenses 17,00,000 11,00,000 Rate of Income Tax 40% 40%

### The solution of Question 15 Chapter 3 of +2-B: –

 Comparative Balance Sheet of Sun Ltd. Particulars(1) Note no.(2) 31st March,2018(A)(3) 31st March,2019(B)(4) AbsoluteChange(Increase/Decrease)(C=B-A)(5) Percentage Change (Increase/Decrease)(D=C/A x 100)(6) I. Income Revenue from Operations 8,00,000 14,00,000 6,00,000 50.00% Other Income 4,00,000 6,00,000 2,00,000 (10.00%) Total Revenue 12,00,000 20,00,000 8,00,000 40.00% II. Expenses 11,00,000 17,00,000 6,00,000 54.55% III. Profit before Tax (I-II) 1,00,000 3,00,000 2,00,000 200.00% IV. Less: Tax 50% 40,000 1,20,000 80,000 200.00% V. Profit After Tax (I-II) 60,000 1,80,000 1,20,000 200.00%

Balance Sheet: Meaning, Format & Examples

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