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2. From the following balances prepare a Statement of Profit & Loss of Ratan Ltd. for the year ending 31st March, 2019. Particulars as at
2. From the following balances prepare a Statement of Profit & Loss of Ratan Ltd. for the year ending 31st March, 2019. Particulars as at 3st March, 2018 (in Crores as at 31st March, 2019 \ 737.15 1,082.26 Sales Other Income Raw Materials consumed Salaries and Wages Repair and Maintenance Administration Expenses 122.86 216.45 747.75 752.79 111.32 101.52 38.02 9.51 498.50 145.17 Selling & Other Expenses Financial Charges 166.98 108.61 6.00 22.41 Provision for Taxation Nil 13.00 [Ans. Year 2018-19 Profit 145.70 crores; Year 2017-18 Loss 708.56 crore] Preparation of Balance Sheet
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