Question
Explain how to view profit and loss statement in Tally.ERP 9.

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| Particulars | ₹ in thousands | ||
| 2015-16 | 2016-17 | 2017-18 | |
| Revenue from operations | 300 | 270 | 150 |
| Other income | 50 | 80 | 60 |
| Expenses | 250 | 200 | 125 |
| Income Tax % | 40 | 40 | 40 |
| Statement of Profit and Loss | ||
| Particulars | Note No. | Amount ₹ |
| I. Revenue from operations | 15,00,000 | |
| II. Other Income | 40,000 | |
| III. Total revenue (I+II) | 15,40,000 | |
| IV. Expenses: | ||
| Purchases of Stock-in-trade | 8,60,000 | |
| Changes in inventories | 40,000 | |
| Employee benefits expense (Salaries) | 1,60,000 | |
| Other expenses | 1 | 1,70,000 |
| Total expenses | 12,30,000 | |
| V. Profit before tax (III-IV) | 3,10,000 | |
Notes to Accounts-
| Particulars | Amount ₹ |
| 1. Other expenses | |
| Office and administrative expenses | 50,000 |
| Selling and distribution expenses | 90,000 |
| Loss on sale of furniture | 30,000 |
| 1,70,000 |
| Particulars | ₹ | Particulars | ₹ |
| Sundry creditors on $1^{st} $ January, $2018$ | $30,00C$ | Purchases returns | $15,000$ |
| Bills payable on $1^{st} $ January, $2018$ | $25,000$ | Cash purchases | $2,25,000$ |
| Paid cash to creditors | $1,20,000$ | Creditors on $31^{st} $ December, $2018$ | $25,000$ |
| Paid for bills payable | $30,000$ | Bills payable on $31^{st} $ December, $2018$ | $20,00C$ |
| Particulars | ₹ in thousands | ||
| 2015-16 | 2016-17 | 2017-18 | |
| Revenue from operations | 100 | 125 | 150 |
| Other income | 20 | 25 | 30 |
| Expenses | 200 | 290 | 350 |