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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.
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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