Arrange the following in correct order.
(A) Other Income
(B) Total Revenue
(C) Profit before tax
(D) Revenue from operations
(E) Total Expenses
Choose the correct answer from the options given below :
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) - (D), (A), (B), (E), (C).
(D) Revenue from operations
(A) Other Income
(B) Total Revenue
(E) Total Expenses
(C) Profit before tax
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)