Question 6 Chapter 13 of Class 12 Part – 2 – 2024

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Question 6 Chapter 13 of Class 12 Part – 2 – 2024

Comparative Statement of Profit & Loss

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6.From the following information, prepare a comparative Statement of Profit and Loss of Vimar Ltd.

Particular 31stMarch, 2016 31st March, 2015
Revenue from Operations 24,00,000 20,00,000
Cost of revenue from operation 10,00,000 18,00,000
Indirect Expenses 80,000 50,000
Tax Rate 40% 40%

The solution of Question 6 Chapter 13 of Class 12 Part – 2 – 2024: –

Comparative Balance Sheet of Sun Ltd.
Particulars
Note no. 31st March,
2015
(A)
(3)
31st March,
2016
(B)
(4)
Absolute
Change

(Increase
/Decrease)

(C=B-A)
(5)
Percentage C
hange

(Increase
/Decrease)

(D=C/A x 100)
(6)
Revenue from Operation 20,00,000 24,00,000 4,00,000 20.00%
Less: Cost of Revenue from Operation 18,00,000 10,00,000 (8,00,000) (44.44%)
Indirect Expenses 50,000 80,000 30,000 60.00%
Total Expenses 18,50,000 10,80,000 7,70,000 41.62%
Profit Before Tax 1,50,000 420000 270000 180.00%
Less: Tax 40% 60,000 168000 108000 180.00%
Profit after Tax 90,000 252000 162000 180.00%

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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 4 Chapter 13 of Class 12 Part – 2 – 2024

Question 16 Chapter 13 of Class 12 Part – 2 – 2024

Question 28 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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