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Wot yet 3 Wood Mark Pvt. Ltd. deals withvarious types of wood product. answered In the companymore than 50 employees are working. Towards Markedoutof12.00beautifulretailoutletinthepartsalarythecompanyspendsRs.5,00,000inayear.Ithasgota F Flag question baying a rent of Rs.2,25,000 thousand in a year. Because of the good location the company has managed a good sell and receives a commission of Rs.9,50,000 and got several discounts of Rs. 1,50,000 in this year by selling different types of product. To increase the sell company spends Rs. 2,75,000 towards advertisement this year. To run the office smoothly company spends Rs. 25,000 for its monthly office expenses. To cater any unforeseen problem, the company has got some deposit in the bank from which it gets Rs. 95,000 per year as interest. Prepare a profit and loss account to know whether the company is running in profit or loss in this financial year. Maximum size for new files: 300MB