Monday 17 October 2011

COMPARATIVE INCOME STATEMENT


COMPARATIVE INCOME STATEMENT
for the year ending ……….
A
B
C
D= C - B
E= D X 100 / B
Particular
Previous year
Current Year
Absolute Change
% Change
A.Sales (Net)




B.Cost of goods sold




C.Gross Profit




D. Less:Operating exp




Office expenses




Selling expenses




E.Operating Profit




F.Add:Non operating




Income




G.Less:Non operating




Expenses




H.Profit before Tax




I:Income Tax




J.Profit after Tax






1 comment:

  1. easy to learn and understand from this format.Thank u sir.

    ReplyDelete