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FORMATOF COMPARATIVE INCOME STATEMENT for the years ended 2009 and 2010 rticulars 2009 2010 Absolute change over 2006 Rs. Percentage Increase or Decrease Rs. Rs.

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FORMATOF COMPARATIVE INCOME STATEMENT for the years ended 2009 and 2010 rticulars 2009 2010 Absolute change over 2006 Rs. Percentage Increase or Decrease Rs. Rs. oss Sales ss: Returns et Sales -ss: Cost of mods sold XXX XXX ross Profit ess: Administrative xpenses XXX XXX XXX XXX XXX XXX Less: Selling Expenses Wet Operating Profit Add: Other Income XXX XXX XXX XXX XXX Profit before tax Less: Tax Profit after tax Kyo XXX XXX ILLUSTRATION 1 (Comparative Income statement) From the following information of Aman Ltd., prepare a Comparative Income Statement. You are also required to interprete the results and give suitable comments. Particulars 2009 2010 Rs. Rs. Sales 80.000 1,00.000 (-) Cost of Goods sold 60,000 70.000 20.000 30.000 (-) Administrative Expenses 2,000 2.000 18.000 28.000 (-) Selling Expenses 3,000 4.000 Net Profit 15,000 24,000

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