Question:
From the following information of AK Ltd., prepare a Comparative Statement of Profit and Loss for the year ended 31st March, 2024.
From the following information of AK Ltd., prepare a Comparative Statement of Profit and Loss for the year ended 31st March, 2024.
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To find percent change: ((Current - Previous)/Previous) × 100.
Updated On: Jul 7, 2025
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Solution and Explanation
| Particulars | 2023–24 (₹) | 2022–23 (₹) | % Change |
|---|---|---|---|
| Revenue from Operations | 8,00,000 | 4,00,000 | 100% |
| Other Income | 1,60,000 | 80,000 | 100% |
| Employee Benefit Expenses | 4,00,000 | 2,00,000 | 100% |
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