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Dear Student
Regards
| Comparative Statement | ||||
| Particulars | 31.03.14 | 31.03.13 | Absolute Change | Change in % |
| Income | ||||
| Revenue from operations | 800,000 | 420,000 | 380,000 | 90.48 |
| Total Income | 800,000 | 420,000 | 380,000 | 90.48 |
| Expenses | ||||
| Purchases | 450,000 | 250,000 | 200,000 | 80.00 |
| Change In Inventory | 50,000 | 50,000 | 0 | 0 |
| Other Expenses | 40,000 | 30,000 | 10,000 | 33 |
| Total Expenses | 540,000 | 330,000 | 210,000 | 63.64 |
| Profit Before Tax | 260,000 | 90,000 | 170,000 | 188.89 |
| Tax @ 30% | 78,000 | 27,000 | 51,000 | 189 |
| Profit after tax | 182,000 | 63,000 | 119,000 | 188.89 |
| Cost of Revenue from operations | ||
| (Op. Stock + Purchases - Cl. Stock) OR Changes in inventory + Purchases | ||
| 31.03.2014 | (4,50,000 + 50,000) | 500,000 |
| 31.03.2013 | (2,50,000 + 50,000) | 300,000 |
| Other Expenses | ||
| 31.03.2014 | (5,00,000 x 8%) | 40,000 |
| 31.03.2013 | (3,00,000 x 10%) | 30,000 |
Regards