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Question 6 Chapter 2 VK Publications Class 12 Part 2 – 2021
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Table of Contents
6. From the Following Statement of Profit and Loss of Super Hardwares Ltd. for the yearsthe ended 31st March, 2018 and 2017, prepare a Comparative Statement of Profit and Loss:
| Particulars | Note No. | 31st March,2018 (Rs.) | 31st March, 2017 (Rs.) |
| Revenue from Operations | 64,00,000 | 48,00,000 | |
| Employees Benefit Expenses | 30,00,000 | 24,00,000 | |
| Other Expenses | 3,00,000 | 6,00,000 |
The solution of Question 6 Chapter 2 VK Publications Class 12 Part 2: –
Comparative Statement of Profit and Loss of Super Hardwares Ltd. For the years ended 31st March, 2017 & 2018
| Particulars | Note | 2016-2017 Rs. | 2017-2018 Rs. | Absolute Change Rs. | Percentage Change % |
| 1 | 2 | 3 | 4 | 5 | |
| A | B | B – A = C | C/A X 100 = D | ||
| I. Revenue from Operations | 48,00,000 | 60,00,000 | 15,00,000 | 25.00 | |
| II. Expenses | |||||
| Employees Benefit Expense | 24,00,000 | 30,00,000 | 6,00,000 | 25.00 | |
| Other Expense | 6,00,000 | 3,00,000 | 3,00,000 | 50.00 | |
| Total Expense | 30,00,000 | 33,00,000 | 3,00,000 | 10.00 | |
| III. Profit before Tax (I-II) | 18,00,000 | 27,00,000 | 9,00,000 | 50.00 |
Financial Statement Analysis and its tools or Techniques
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T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)
- Chapter No. 1 – Financial Statement of Not-For-Profit Organisations
- Chapter No. 2 – Accounting for Partnership Firms – Fundamentals
- Chapter No. 3 – Goodwill: Nature and Valuation
- Chapter No. 4 – Change in Profit-Sharing Ratio Among the Existing Partners
- Chapter No. 5 – Admission of a Partner
- Chapter No. 6 – Retirement/Death of a Partner
- Chapter No. 7 – Dissolution of a Partnership Firm
T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)
- Chapter No. 8 – Company Accounts – Accounting for Share Capital
- Chapter No. 9 – Company Accounts – Issue of Debentures
- Chapter No. 10 – Redemption of Debentures
T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)
- Chapter No. 1 – Financial Statements of a Company
- Chapter No. 2 – Financial Statement Analysis
- Chapter No. 3 – Tools of Financial Statement Analysis – Comparative Statements and Common- Size Statements
- Chapter No. 4 – Accounting Ratios
- Chapter No. 5 – Cash Flow Statement
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