Following information is given below prepare the statement of profit or loss:

Rs

Capital at the end of the year

5,00,000

Capital in the beginning of the year

7,50,000

`Drawings made during the period

3,75,000

Additional Capital introduced

50,000

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Solution

Statement of Profit and Loss

Particulars

Amount

Rs

Capital at the end of the year

5,00,000

Add: Drawings made during the year

3,75,000

Less: Capital in the beginning of the year

(7,50,000)

Less: Additional capital introduced

(50,000)

Profit during the year

75,000

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From the information given below, prepare Comparative Statement of Profit and Loss :

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Q. Prepare Comparative Statement of Profit and Loss from the following information:

Particulars	31st March, 2019	31st March, 2018
Revenue from Operations	₹ 37,50,000	₹ 25,00,000
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Other Expenses	₹ 3,75,000	₹ 2,50,000
Tax Rate	50%	50%

Gopal does not keep proper books of account. Following information is given below:

	April. 01, 2016		March. 31, 2017
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Office equipments		25,000		30,000
Land and Building		30,000		20,000
Furniture		10,000		10,000

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Q. The following information is given below prepare the Statement of Profit or Loss.

Items	(Rs)
Capital at the end of the year	$5, 00, 000$
Capital in the beginning of the year	$7, 50, 000$
Drawings made during the period	$3, 75, 000$
Additional Capital introduced	$50, 000$

Q. From the following information, prepare Comparative Statement of Profit and Loss showing increase, decrease and percentage:


Particulars	31st March, 2019	31st March, 2018
Cost of Materials Consumed	₹ 13,44,000	₹ 6,00,000
Revenue from Operations (% of Materials Consumed)	125%	200%
Other Expenses (% of Operating Revenue)	10%	10%
Tax Rate	50%	50%

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	Rs
Capital at the end of the year	5,00,000
Capital in the beginning of the year	7,50,000
`Drawings made during the period	3,75,000
Additional Capital introduced	50,000

Statement of Profit and Loss
Particulars	Amount Rs
Capital at the end of the year	5,00,000
Add: Drawings made during the year	3,75,000
Less: Capital in the beginning of the year	(7,50,000)
Less: Additional capital introduced	(50,000)

Profit during the year	75,000