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Revision | Comparative Statement of Profit and Loss Account Class 12

This video covers full revision, tricks & shortcuts to learn the format of Comparative Statement of Profit and Loss account, prescribed in Part 1 of Schedule III of Companies Act, 2013, part of Financial Statements of a Company chapter, class 12 accounts 3rd book chapter 1.



This video covers revision of Format of Comparative Statement of Profit and loss account to help you in your last minute revision for final exams / board exams preparation.

This video will help you to understand the Format of Comparative Statement of P&L Account - Headings and Sub Headings and concept on how to put specific entry under respective Headings and Sub-Headings -

Particulars
- Revenue from Operations
- Other Incomes
- Total Revenue
- Expenses
- Profit before Tax
- Profit / Loss after Tax

This is a revision video, for full curriculum videos, links are given below.

In Depth videos Format of Profit and Loss account Playlist Day 3 - https://youtube.com/playlist?list=PL2qwYEtZIx4XRdF6MG_xkj8OcnfU9XVFp

In Depth videos Format of Comparative Balance Sheet Playlist Day 4 - https://youtube.com/playlist?list=PL2qwYEtZIx4VeDPF1kRz02P9CKVSavFtZ

In Depth videos Accounting Ratios / Liquidity Ratio Playlist Link - https://youtube.com/playlist?list=PL2qwYEtZIx4X9XiUfP_fwVQeznsAPGr3q

In Depth videos Solvency Ratios - Debt to Equity Ratio, Total Asset to Debt Ratio, Proprietary Ratio & Interest Coverage Ratio Playlist Link - https://youtube.com/playlist?list=PL2qwYEtZIx4VWf2GKPQ5pU_HZvdaWJWdV

In Depth videos Activity Ratios / Turnover Ratios - Inventory Turnover Ratio, Trade Receivable Turnover Ratio , Trade Payable Turnover Ratio & Working Capital Turnover Ratio Playlist Link - https://youtube.com/playlist?list=PL2qwYEtZIx4VYgIhhcW2P5cijZz3RHYkJ

In Depth videos Profitability Ratios - Gross Profit Ratio, Operating Ratio, Operating Profit Ratio, Net Profit Ratio, Return On Investment Or Return On Capital Employed -
Playlist Link #1 - https://youtube.com/playlist?list=PL2qwYEtZIx4W-W_2BHZvZL1WKtK7j-xK7
Playlist Link #2 - https://youtube.com/playlist?list=PL2qwYEtZIx4V6kpVUCrpAB10C9mP2MCgY

Accounting Ratios Solved Practical Question / Numerical - https://youtube.com/playlist?list=PL2qwYEtZIx4XxU9Eg5FUEjOmJtooowI5K

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