The following steps have been adopted for comparative statement analysis of financial statement of a company:

A. Calculate the percentage change in individual items
B. Draw interpretation and conclusion
C. List out absolute amount of two point of times of two years
D. Calculate the overall change of percentage of group of items
E. Find out the change in absolute amount

Choose the correct answer from the options given below:

C, E, A, D, B

The correct answer is Option (3) → C, E, A, D, B

The procedure of preparing comparative statements is as follows-
* Firslty, the absolute amount of two point of times of two years are listed out.
* Provide the absolute figures in rupees for two specific points in time.
* Calculate the difference between the two absolute figures and indicate whether it's an increase or decrease. Record the result in a separate column.
* Calculate the percentage change between the two absolute figures and present it in a new column.
* At last, interpretation is drawn and conclusion is found out.