COMPARATIVE STATEMENT OF PROFIT AND LOSS for the years ended 31st March, 2018 and 2019
Analysis and Comments: 1. Revenue from Operations (Net Sales) has increased by 20%
2. Purchases of Stock-in-Trade have increased by 22.22% and Change in Inventories of Stock-in-Trade has decreased by 40%.
3. Total Expenses have increased by 14.19%
4. The overall impact is that Profit before Tax has increased by 91.67%
Note: Analysis of Comparative Statement of Profit and Loss is not in Syllabus.It is given for better understanding.
