SUNIL PANDA COMMERCE CLASSES (SPCC)

CHAPTERWISE IMPORTANT QUESTIONS COLLAGE

XII ACCOUNTS TERM 02
COMPARATIVE & COMMON SIZE STATEMENT
Q.1) From the following Statement of profit and loss of the Sakhi Ltd. for the years ended
31st March 2015, prepare Comparative Statement of Profit & Loss.
Statement of profit and loss for the year ended 31-3-2015

Particulars 2013-14 2014-15

Revenue from operations 25,00,000 40,00,000
Expenses:
a) Employee benefit expenses were 5% of revenue from
operations.
b) Other expense 5,90,000 6,80,000
Rate of tax 35%

Q.2) From the following information provided of star Ltd, for the year ended 31 st
march,2020 and 2021, prepare a common size statement of profit and loss.

Particular 2020-21 2019-20

Revenue from operations 50,00,000 40,00,000
Employee benefit expenses 20,00,000 14,00,000
Other expenses 4,00,000 6,00,000
Tax rate 40% 40%

Q.3) Prepare comparative statement of profit and losses from the following figures :

Particular 31-3-2021 31-3-2020

Revenue from operations 60,00,000 40,00,000
Other income (% of revenue from operations) 12% 20%
Expenses (% of revenue from operations) 70% 60%
Tax rate 40% 40%

Q.4) Prepare a Comparative income statement from the following:

Particular 31-3-2020 31-3-2019

Revenue from operations 4,00,000 3,00,000
Expenses 50% of revenue 60% of
from operation revenue from
operations
Interest on investment 10,000 and taxes payables @40% for both the years.