Question
Particulars Amount Rs. Turnover 4,000,000 Purchases 2,750,000 Stock as at 1 st April -2019 500,000 Other income 40,000 Administration Expenses 200,000 Selling and Distribution cost
Particulars | Amount | |
Rs. | ||
| ||
Turnover | 4,000,000 | |
Purchases | 2,750,000 | |
Stock as at 1st April -2019 | 500,000 | |
Other income | 40,000 | |
Administration Expenses | 200,000 | |
Selling and Distribution cost | 160,000 | |
Finance Cost | 90,000 | |
Other expenses | 60,000 | |
Share capital | 1,500,000 | |
Income tax | 148,000 | |
Reserves | 618,000 | |
Long term Bank Loan | 800,000 | |
Other long term loans | 200,000 | |
Creditors | 300,000 | |
Other short-term payables | 1,200,000 | |
Property, Plant and Equipments | 1,750,000 | |
Investment | 250,000 | |
Fixed Deposit | 950,000 | |
Debtors | 1,000,000 | |
Other receivables | 600,000 | |
Cash and bank balance | 200,000 | |
|
|
Additional Information
Closing Stock as at 1st April 2020 - Rs. 250,000
Debt includes only long term liability (for the purpose of ratio Calculation) and Equity includes Share capital, Retained profit and Reserves.
You are required to prepare,
Income Statement for the year ended 31st March 2020.
Statement of Financial Position as at 31st March 2020.
You are also required to calculate,
Gross Profit Ratio
Net Profit Ratio
Current Ratio
Quick Ratio
Return On Asset ( ROA)
Debt Equity Ratio
Pls ASAP
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