
Prepare Comparative Statement of Profit & Loss from the following information:
| Particulars | 31st March, 2024 |
31st March, 2023 |
| Revenue from Operations | 37,50,000 | 25,00,000 |
| Other Income | 4,50,000 | 5,00,000 |
| Cost of Materials Consumed | 22,50,000 | 12,50,000 |
| Other Expenses | 3,75,000 | 2,50,000 |
| Tax Rate | 50% | 50% |
Solution :


