Practicing Success
READ THE FOLLOWING INFORMATION AND ANSWER THE GIVEN QUESTION. ABC Ltd is running an advertising business. Encouraged by substantial profits, company decided to donate ₹1,00,000 to an old age home in the locality where the company had its head office. Following particulars are obtained from the company's books:
|
What is the change in total revenue? |
₹18,60,000 ₹15,00,000 ₹15,30,000 ₹3,30,000 |
₹3,30,000 |
The correct answer is option 4 - ₹3,30,000. Total revenue = Revenue from operations + Other income Total revenue 2021= 18,00,000+60,000 Total revenue 2020 = 15,00,000+30,000 Change = 18,60,000-15,30,000 |