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From the Following Information, Calculate Net Profit before Tax and Extraordinary Items: - Accountancy

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प्रश्न

From the following information, calculate Net Profit before Tax and Extraordinary Items:

Surplus, i.e., Balance in Statement of Profit and Loss (Opening) 1,00,000
Surplus, i.e., Balance in Statement of Profit and Loss (Closing) 3,36,000
Dividend paid in the current year 72,000
Interim Dividend Paid during the year 90,000
Transfer to Reserve 1,00,000
Provision for Tax for the current year 1,50,000
Refund of Tax 3,000
Loss due to Earthquake 2,00,000
Insurance Proceeds from Earthquake disaster settlement
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उत्तर

 

Particulars

Amount

(Rs)

A

Cash Flow from Operating Activities

 

 

Profit as per Statement of Profit and Loss (3,36,000 − 1,00,000)

2,36,000

 

Add: Transfer to Reserve

1,00,000

 

        Proposed Dividend

72,000

 

        Interim Dividend

90,000

 

        Provision for Tax

1,50,000

 

        Extraordinary Items (Loss due to Earthquake)

2,00,000

 

Less: Extraordinary Items (Insurance Proceeds from Earthquake disaster settlement )

(1,00,000)

 

        Refund of Tax

(3,000)

 

Net Profit before Tax and Extraordinary Items

7,45,000

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अध्याय 4: Cash Flow Statement - Exercises [पृष्ठ ९२]

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टीएस ग्रेवाल Accountancy - Analysis of Financial Statements [English] Class 12
अध्याय 4 Cash Flow Statement
Exercises | Q 8 | पृष्ठ ९२
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