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Prepare the Comparative Income Statement and interpret the profitability over the period 2018-2019. Particulars 2018 RO 2019 RO Revenue from Operations 300,000 500,000 Borrowing costs

Prepare the Comparative Income Statement and interpret the profitability over the period 2018-2019. Particulars 2018 RO 2019 RO Revenue from Operations 300,000 500,000 Borrowing costs 18,000 22,000 Administrative costs 50,000 120,000 Selling expenses 5,000 16,000 R&D expenses 4,000 6,000 Rent expenses 18,000 22.000 Interest Income 700 1,000 Amortization Expenses 5,000 10,000 Other Revenues 3,000 3,500 Other Expenses 80,000 130,000image text in transcribed

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