ABC Limited
Year Ended June 30 , 2022
Following data is avalaible with respect to Income Statement and Balance Sheet items of ABC Limited
		Rs in 000
	Income Tax Expense	505
	Cost of sales	154,993
	Intangibles	2,000
	Administration and Distribution expenses	27,210
	Sales Return	34,184
	Cash	20,000
	Sales Discount	4,543
	Finance Cost	3,355
	Other income	4
	Other expenses	525
	Inventory	150,000
	Accounts Payable	140,000
	Dividend Payable	200
	Marketing expenses	12,642
	Interest Payable	2,000
	Motor Vehicle	5,000
	Property, Plant & Equipment	3,000
	Gross Sales	236,047
Prepare Income Statement for the year ended June 30, 2022 on the basis of above mentioned information