Arrange following items of Statements of Profit and Loss in a sequence of its appearing as per schedule III of Companies Act, 2013 :

A. Expenses

B. Tax Expenses (Paid)

C. Revenue from operations

D. Profit before tax

E. Profit after Tax

Choose the correct answer from the options given below :

C, A, D, B, E

The correct answer is option 2- C, A, D, B, E.

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)