CBSE 2022 · Region 4 · Set 3 · Q11

From the following information, prepare 'Comparative Statement of Profit and L Oss' of Raja Ltd. for the year ended 31st March, $\displaystyle 2022$ : $\displaystyle 2021$ $\displaystyle 22$ $\displaystyle 2020$ $\displaystyle 21$ Particulars < < Revenue from Operations $\displaystyle 18,00,000$ $\displaystyle 15,00,000$ Other Income $\displaystyle 3,00,000$ $\displaystyle 2,50,000$ Expenses $\displaystyle 15,00,000$ $\displaystyle 7,50,000$ Income Tax Rate $\displaystyle 50$%

OR

From the following Balance Sheet of Sheetal Ltd. as at 31st March, $\displaystyle 2022$, prepare a 'Common Size Balance Sheet' : Balance Sheet of Sheetal Ltd. as at 31st March, $\displaystyle 2022$ Note $\displaystyle 31.3.2022$ $\displaystyle 31.3.2021$ Particulars No. < < I Equity and Liabilities : $\displaystyle 9$ 1. Shareholders Funds Share Capital $\displaystyle 10,00,000$ $\displaystyle 10,00,000$ 2. Non-Current Liabilities Long-term Borrowings $\displaystyle 5,00,000$ $\displaystyle 3,00,000$ 3. Current Liabilities Trade Payables $\displaystyle 10,00,000$ $\displaystyle 7,00,000$ Total $\displaystyle 25,00,000$ $\displaystyle 20,00,000$ II Assets : 1. Non-Current Assets Fixed Assets (a) Tangible Assets $\displaystyle 15,00,000$ $\displaystyle 12,00,000$ (b) Intangible Assets $\displaystyle 4,00,000$ $\displaystyle 5,00,000$ 2. Current Assets Cash and Cash Equivalents $\displaystyle 6,00,000$ $\displaystyle 3,00,000$ Total $\displaystyle 25,00,000$ $\displaystyle 20,00,000$