# Question 8 Chapter 6 -Unimax Publication Class 12 Part 2 – 2021

Question No 08 Chapter No -6 Unimax Class - 12 Part - II

Question 8 Chapter 6 – Unimax Publication Class 12 Part 2 – 2021

Prepare comparative income statement from the following information:

 Particulars 2021 2022 Revenue from operation 12,00,000 10,00,000 Cost of material consumed 8,72,000 7,00,000 Direct expenses 2,00,000 1,00,000 Other expenses 10% of material of consumed 10% of material of consumed Miscellaneous income 20,000 15,000

## The solution of Question 8 Chapter 6 – Unimax Publication Class 12 Part 2-2021 : –

Comparative Income Statement

 Particulars Note No 2021A 2022B Absolute changeB-A =C Percentage changeC/A 1.Revenue form operations 10,00,000 12,00,000 2,00,000 20.00 2.Add miscellaneous income 15,000 20,000 5,000 33.33 3.Total revenue 10,15,000 12,20,000 2,05,000 20.19 4.Less expenses: (a) Cost of Material consumed 7,00,000 8,72,000 1,72,000 24,57 (b) Direct expenses 1,00,000 2,00,000 1,00,000 100.00 (c) Other expenses 70,000 87,200 17,200 24.57 4.Total expenses 8,70,000 11,59,200 2,89,200 33.07 5.Profit before tax (3-4) 1,45,000 60,800 (84,200) 58.07

Note: Cost of Material Consumed.
Its is calculated as (opening stock of material + purchases of material – closing stock of material)

Comment if you have any Doubts.

Comparative Statements – Balance Sheet & Profit and Loss