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Accountancy > financial-statements-analysis > Financial Statement Analysis
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Question 1
From the following information of RN Ltd., prepare a Comparative Statement of Profit and Loss for the years ended 31st March, 2023 and 31st March, 2024:
| Particulars | 2023-24 (₹) | 2022-23 (₹) |
|---|---|---|
| Revenue from operations | 30,00,000 | 15,00,000 |
| Purchase of stock-in-trade | 12,00,000 | 6,00,000 |
| Other expenses | 3,00,000 | 1,50,000 |
| Tax @ 50% |
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