Question 22 Chapter 13 of Class 12 Part – 2 – 2024

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Question 22 Chapter 13 of Class 12 Part – 2 – 2024

22. From the following statement of Profit and Loss, Prepare a common size statement of Profit and Loss of Jyanti Limited for the period ended 31-3-2016.

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Particular
Income
Revenue from Operation 25,38,000
Other Income 38,000
25,76,000
Expenses
Cost of Material Consumed 14,00,000
Other Expense 5,00,000
19,00,000
Tax 3,38,000

The solution of Question 22 Chapter 13 of Class 12 Part – 2 – 2024: –

common size statement of Profit and Loss of Jyanti Limited
Particulars
Note no. 31st March,
2016
(B)
(4)
Percentage
Change

(Increase/
Decrease)
I. Income
Revenue from Operation 25,38,000 100.00%
Other Income 38,000 1.50%
Total Revenue 25,76,000 101.50%
II. Expenses
Depreciation 14,00,000 55.16%
Finance Cost 5,00,000 19.70%
Total Expenses 19,00,000 74.86%
III. Net Profit Before Tax (I-II) 6,76,000 26.64%
Less: Tax @50% 3,38,000 13.32%
IV. Net Profit After Tax 3,38,000 13.32%

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Check Out the Solution of all questions of this chapter:

The solution to all questions of Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size Class 12 Usha Publication – 2024 is shown as follows, click on the image of the question to get the solution.

Question 5 Chapter 13 of Class 12 Part – 2 – 2024

Question 17 Chapter 13 of Class 12 Part – 2 – 2024

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Chapter-Wise Solution of Usha Publication Accountancy – Part 2 Class 12 – Session 2024-25 as per the PSEB curriculum

Check out Solutions to all questions of the every chapter shown as under. The Solution of Accountancy – Part 2 Class 12 – Session 2024-25 is provided as per the new book published by Usha Publication.

Chapter No. 8 – Company Accounts (Share Capital)

Chapter No. 9 – Company Accounts (Issue of Debentures)

Chapter No. 10 – Company Accounts (Redemption of Debentures)

Chapter No. 11 – Financial Statements of a Company

Chapter No. 12 – Financial Statement Analysis

Chapter No. 13 – Tools of Financial Statement Analysis- Comparative and Common Size

Chapter No. 14 – Ratio Analysis

Chapter No. 15 – Cash Flow Statement

Also, Check out our Comprehensive Chapter-wise solution of Advanced Accountancy Part 2 Class 12 by Unimax Publication

Check out Part 1 of both books.

In Class 12th the accountancy has 2 books i.e. Part 1 and Part 2. The Books related to the Part 1 are shown above. but If you want to know more about Part 1, you can check it out from the following links. We have provided the links to both books i.e. Accountancy Part 1 by Usha Publication and Advanced Accountancy Part 2 by Unimax Publication.

1. Accountancy – Part 1 Class 12 – Session 2024-25 By Usha Publication

2. Advanced Accountancy Part 1 Class 12 by Unimax Publication

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