while preparing comparative income statement
net sales, cost of good sold , direct expense, indirect expence and tax rate is given
in which sequence we shoul calculate or prepare income statement(comparative)
Comparative Income Statement for the year ended March 31, 2012 and 2013 |
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Particulars | 2012 (Rs) |
2013 (Rs) |
Absolute Change (Rs) |
Percentage Change (%) |
I. Revenue from Operations (Net Sales) | ||||
II. Other Income | ||||
III. Total Revenue (I + II) | ||||
IV. Expenses | ||||
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Profit before Income Tax | ||||
Less: Income Tax | ||||
Profit after Income Tax | ||||