Question 27 Chapter 2 of +2-B - USHA Publication 12 Class

Question 27 Chapter 2 of +2-B

Table of Contents

Trend Percentage

27. Convert the following Comparative Income Statement into Trend Percentage Statement.

Deepak Industries Ltd.
Income Statement for the year ending 31st March
Particular	2012	2013	2014
Revenue from Operation	2,00,000	1,75,000	1,50,000
Purchase of Stock	1,00,000	90,000	85,000
Gross Profit	1,00,000	85,000	65,000
Employees Benefit Expenses	75,000	65,000	50,000
Net Profit before Tax	25,000	20,000	15,000
Income tax	12,000	10,000	8,000
Net profit after tax	13,000	10,000	7,000

The solution of Question 27 Chapter 2 of +2-B: –

To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

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Also, Check out the solved question of previous Chapters: –

Chapter No. 1 – Financial Statements of a Company
Chapter No. 2 – Financial Statement Analysis
Chapter No. 3 – Tools of Financial Statement Analysis- Comparative and Common Size
Chapter No. 4 – Ratio Analysis
Chapter No. 5 – Cash Flow Statement

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