in the question it is given,
Revenue from operations
Other incomes
Expenses
What is the most appropriate method to prepare comparative statement of profit and loss ?
1. Revenue from operations
Add: other incomes
Total Revenue
Less: Expenses
Profit before tax
OR
2. Revenue from operations
Less: Expenses
Operating Profit
Add: Non-Operating Income
Net profit before tax
Please help me and suggest me the best method.
the method depends on what is given in the question
in the question you have asked, the 1st one should be used.