Question - 08

Prepare comparative statement of profit and loss from the following informations:

31-12-2014

Revenue from operation Rs. 250% of other income, Other income Rs. 2,00,000, Cost of material used Rs. 60% of operating Revenue, Other Exp. Rs. 10% cost of Material used, Tax Rate Rs. 30%.

31-12-2015

Revenue from operation Rs. 250% of other income, Other income Rs. 2,40,000, Cost of material used Rs. 55% of operating Revenue, Other Exp. Rs. 20% cost of Material used, Tax Rate Rs. 30%.

Note : please purchase the book for looking question.