Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Old MathJax webview Old MathJax webview Old MathJax webview . n. . Shop 3 powe Impal waL Pomalofoponics ILLUSTRATION 22 From the following information calculate

Old MathJax webview

Old MathJax webview
Old MathJax webview

image text in transcribed

.

n.

.

Shop 3 powe Impal waL Pomalofoponics ILLUSTRATION 22 From the following information calculate Business Wheel pritis of Income Tax Act 1961 Profit and Los Acevant for the year ending 31.3.2013 ning ock 1.50,000 By Sales Ecclading Tas to March of raw material 15.00.000 By Closing stock Mufacturing Expenses 12.00,000 By Refood from supplies 50.000 1 Sales Tax pad 2.00.000 By Refund of income tax tinciding 12.000 sary and wares 4.00.000 intereson Refund of? Io Canape inward 30.000 By Bad det fored 20. Provision for bad debt 20.000 (Previously allowed Ahorsement 3.50.000 By Rent from quarters le Johavion for Income tax 30.000 wenke Depreciation 100.000 By Prolit on sale of delivery van To Travelling Expenses 50.000 Tata 407) to Railway demmurage charge 10.000 Te Destinato Congress party 10,000 Dreation to Rural development food 20,000 Net Putitel 15.02.000 53.92.000 312000 Additional Informations (4) Marchases include purchases of 100.000 from sole proprietary Armed to be Sudhir who hold 23 share in de company. The market value el de pode by 20.000 and the payment was made to him by way of a hear theque On On - 2016. The company purchased a new machine for a Dell 6.000.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How To Perform A Building Water Audit

Authors: Troy Aichele

1st Edition

1651578273, 978-1651578278

More Books

Students also viewed these Accounting questions

Question

Why is it important to study consumer fraud?

Answered: 1 week ago