How is "Investment 50,000 with interest @10%" shown in a Comparative Statement of Profit and Loss?
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In comparative statement of profit and loss income from investment that is interest of Rs. 5000 will be shown on the in income side. Investment being an asset will go to comparative balance sheet.
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Regards
Your question is not clear and appears to be incomplete. Recheck your question or please be a
little specific about the name of the chapter/textbook to which you are referring here so that we
can provide you with some meaningful help.
But
In comparative statement of profit and loss income from investment that is interest of Rs. 5000 will be shown on the in income side. Investment being an asset will go to comparative balance sheet.
Look forward to hearing from you again!
Regards