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.
Show Hint
To find percent change: ((Current - Previous)/Previous) × 100.
Updated On: Jul 7, 2025
Hide Solution
Verified By Collegedunia
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% |
Was this answer helpful?
0
0
Top Questions on Financial Statements Analysis
- What is meant by "Financial Statements"? Discuss the utility and significance of financial statements to various parties interested in the business concern.
- UP Board XII - 2025
- Accountancy
- Financial Statements Analysis
- Write two objectives of financial statements.
- UP Board XII - 2025
- Accountancy
- Financial Statements Analysis
- Which of the following is not a part of financial statement of a company?
- UP Board XII - 2025
- Accountancy
- Financial Statements Analysis
Prepare a Common Size Statement of Profit and Loss of Laveena Ltd. for the year ended 31st March, 2023 and 31st March, 2024 from the following information:
Particulars 2023--24 (₹) 2022--23 (₹) Revenue from operations ₹80,00,000 ₹40,00,000 Purchase of stock in trade ₹8,00,000 ₹4,00,000 Other expenses ₹80,000 ₹40,000
Tax Rate: $50%$- CBSE CLASS XII - 2025
- Accountancy
- Financial Statements Analysis
- The Current Ratio of Magnum Ltd. is 2.5 : 1. Which of the following transactions will result in decrease in this ratio?
- CBSE CLASS XII - 2025
- Accountancy
- Financial Statements Analysis
View More Questions
Questions Asked in CBSE CLASS XII exam
- The ends of six wires, each of resistance R (= 10 \(\Omega\)) are joined as shown in the figure. The points A and B of the arrangement are connected in a circuit. Find the value of the effective resistance offered by it to the circuit.
- CBSE CLASS XII - 2025
- Resistance and Resistivity
- “Christ, Sophie, you’re still at school.”
What image do you form of Geoff as a brother from the above context? (Going Places) - Your school is starting a ‘Mid Day Meal’ facility on a monthly payment basis. Write a notice informing students about the introduction of the same. Specify the charges (daily/monthly) and food items on the menu. Mention contact details for further information. Put your notice in a box.
Draw a rough sketch for the curve $y = 2 + |x + 1|$. Using integration, find the area of the region bounded by the curve $y = 2 + |x + 1|$, $x = -4$, $x = 3$, and $y = 0$.
- CBSE CLASS XII - 2025
- Integration
- A current carrying circular loop of area A produces a magnetic field \( B \) at its centre. Show that the magnetic moment of the loop is \( \frac{2BA}{\mu_0} \sqrt{\frac{A}{\pi}} \).
- CBSE CLASS XII - 2025
- Magnetic moment
View More Questions