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Accountancy · 2025 · 3 marks

CBSE 2025 · Region 4 · Set 3 · Q32

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.
Particulars$\displaystyle 2023$-$\displaystyle 24$ (₹)$\displaystyle 2022$-$\displaystyle 23$ (₹)
Revenue from Operations$\displaystyle 8,00,000$$\displaystyle 4,00,000$
Other Income$\displaystyle 1,60,000$$\displaystyle 80,000$
Employee Benefit Expenses $\displaystyle 50$% of Revenue from Operations
Tax rate $\displaystyle 50$%
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