Arrange the given items in proper order. (A) Finance cost (B) Purchas…

The correct answer is option 4- (C), (B), (D), (A).

(C) Cost of material consumed

(B) Purchase of Stock in Trade

(D) Employee Benefit Expenses

(A) Finance cost

 

FORMAT OF STATEMENT OF PROFIT AND LOSS

I Revenue from operations
II Other income
III Total Revenue (I+II)
IV Expenses: Cost of materials consumed
                      Purchases of stock-in-trade
                      Changes in inventories of finished goods Work-in-progress and stock-in-trade
                      Employee benefits expense
                      Finance costs
                      Depreciation and amortisation expense
                      Other expenses
   Total expenses
V Profit before extraordinary items and tax (III-IV)
VI Exceptional items
VII Profit before extraordinary items and tax (V-VI)
VIII Extraordinary items
IX Profit before tax (VII-VIII)
X Tax payment
XI profit after tax (IX - X)