Accounting

P. Ltd. has supplied the following information in respect of incomplete contract as on 31.3.99: Contract A Contract B Contract Price 2,40,000 1,50.000 Work Certified 2,16,000 1,00,000 Estimated Cost of Completion of Contract 2,10,000 1,20,000 Cash Received 1,60,000 80,000 Uncertified Work 10,000 7,000 Cost of Contract (expenditure incurred upto 31.3.99) 1,80,000 95,000 Calculate the profit to be carried to Costing Profit & Loss A/c for the year ended on 31.3.99