From the following details provided by Kumud Ltd., prepare Comparative Statement of Profit & Loss for the year ended 31st March 2021:
| Particulars |
31.03.20 (₹) |
31.03.21 (₹) |
| Revenue from operations |
30,00,000 |
35,00,000 |
| Other Income |
3,00,000 |
4,50,000 |
| Cost of materials Consumed |
20,00,000 |
23,00,000 |
| Other Expenses |
1,00,000 |
1,20,000 |
| Tax rate |
40% |
40% |
OR
From the following Balance Sheets of Vinayak Ltd. as at 31st March,2021, Prepare a Common-size Balance Sheet.
Vinayak Ltd.
Balance Sheet as on 31st March, 2021
