For Daily Free Study Material Join wiredfaculty Whatsapp Group | Download Android App | Ncert Book Download
Sponsor Area
Following is the Income statements of Raj Ltd. For the year ended 31-3-2011:
Particulars
Amount
Rs
Income:
Sales
2,00,000
Other Incomes
15,000
Total Income
2,15,000
Expenses:
Cost of goods sold
1,10,000
Operating expenses
5,000
Total Expenses
1,15,000
Tax
40,000
Prepare a common size Income Statements of Raj Ltd. for the year ended 31-3-2011.
