Prepare a Comparative Income Statement of Bikul Ltd. with the help of the following information:
| Particulars | 2016-17 (₹) | 2017-18 (₹) |
| Revenue from Operations | 10,00,000 | 16,00,000 |
| Cost of Materials Consumed | 5,00,000 | 10,00,000 |
| Employee Benefit Expenses | 80,000 | 40,000 |
| Other Indirect Expenses | 60,000 | 80,000 |
Income Tax Rate 40%.
Solution :
Worked as a lecturer , educator
I am a M. Com Gold Medalist from Osmania University in 1999. And a UGC NET Qualified in June 1999.
My passion and interest are in the areas of Accountancy & Financial Management. Over the last ~20 years, I have been teaching students (predominantly in Class XI, XII – All Boards and B. Com Students across Universities.