CBSE 2022 · Region 5 · Set 1 · Q11

From the information extracted from the Statement of Profit and Loss prepare a Comparative Statement of Profit and Loss for the year ended 31st March, $\displaystyle 2021$ Particulars $\displaystyle 2020$-$\displaystyle 21$ $\displaystyle 2019$-$\displaystyle 20$ (?) () Revenue from operations $\displaystyle 7,20,000$ $\displaystyle 4,00,000$ Expenses $\displaystyle 5,00,000$ $\displaystyle 2,00,000$ Tax Rate @ $\displaystyle 500$ $\displaystyle 0$

OR

From the following Balance Sheet of Rohit Ltd., prepare a Common Size Balance Sheet : Balance Sheet of Rohit Ltd. as at 31st March, $\displaystyle 2021$ Particulars Note 31st March, 31st March, No. $\displaystyle 2021$ (?) $\displaystyle 2020$ () I. Equity and Liabilities 1. Shareholders' Funds $\displaystyle 3,20,000$ $\displaystyle 1,60,000$ 2. Current Liabilities $\displaystyle 80,000$ $\displaystyle 40,000$ Total $\displaystyle 4,00,000$ $\displaystyle 2,00,000$ II. Assets 1. Non Current Assets $\displaystyle 3,00,000$ $\displaystyle 1,50,000$ 2. Current Assets $\displaystyle 1,00,000$ $\displaystyle 50,000$ Total $\displaystyle 4,00,000$ $\displaystyle 2,00,000$