From the following information, prepare Comparative Statement of Profit and Loss for the year ended 31st March, 2023:
| Particulars | 2022-23 (₹) |
2021-22 (₹) |
| Revenue from Operations | 4,00,000 | 2,00,000 |
| Other Income | 80,000 | 40,000 |
| Employee Benefit Expenses – 50% of Revenue from Operations | ||
| Tax Rate 50% |
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.