QUESTION 4 The following is the Statement of Profit or Loss and Other Comprehensive Income...
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Accounting
QUESTION 4
The following is the Statement of Profit or Loss and Other Comprehensive Income of KBSetia Sdn Bhd. for the period ending 31 Dec 2020 and 2019.
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| 2020 (RM) | 2019 (RM) |
| Sales | 2050000 | 1500000 |
| Cost of Good Sold | 1570000 | 1200000 |
| Gross Profit | 480000 | 300000 |
| Sales Expenses | 120000 | 88000 |
| Administration Expenses | 90000 | 85000 |
| Total Operational Expenses | 210000 | 173000 |
| Profit Before Tax | 270000 | 127000 |
| Tax Expenses | 90000 | 45000 |
| Net Profit | 180000 | 82000 |
BE REQUIRED:
Prepare Statement of Profit Or Loss and Other Comparative Income Comparison according to horizontal analysis. State the increase (decrease) for 2020 compared to 2011. Round to one decimal point
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