CBSE 2022 · Region 2 · Set 1 · Q11

From the following information of Shruti Ltd, prepare Comparative Statement of Profit and Loss : $\displaystyle 2020$ $\displaystyle 21$ $\displaystyle 2019$ $\displaystyle 20$ Particulars < < Revenue from operations $\displaystyle 15,00,000$ $\displaystyle 10,00,000$ Expenses $\displaystyle 3,00,000$ $\displaystyle 2,00,000$ Tax Rate $\displaystyle 30$%

OR

From the following Balance Sheet of Avinash Ltd. as on 31st March, $\displaystyle 2021$, prepare a Comparative Balance Sheet : Balance Sheet of Avinash Ltd. as at 31st March, $\displaystyle 2021$ Note $\displaystyle 31.3.2021$ $\displaystyle 31.3.2020$ Particulars No. < < I Equity and Liabilities : $\displaystyle 7$ 1. Shareholders Funds Share Capital $\displaystyle 30,00,000$ $\displaystyle 20,00,000$ 2. Non-Current Liabilities Long-term Borrowings 3. Current Liabilities Trade Payables $\displaystyle 6,00,000$ $\displaystyle 5,00,000$ Total $\displaystyle 36,00,000$ $\displaystyle 25,00,000$ II Assets : 1. Non-Current Assets Fixed Assets $\displaystyle 24,00,000$ $\displaystyle 15,00,000$ 2. Current Assets Inventories $\displaystyle 12,00,000$ $\displaystyle 10,00,000$ Total $\displaystyle 36,00,000$ $\displaystyle 25,00,000$