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REAL-LIFE PROBLEMS 9. The following are the incomes and expenses of ABCD Ltd for the year ending March 31st, 2013. You are required to

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REAL-LIFE PROBLEMS 9. The following are the incomes and expenses of ABCD Ltd for the year ending March 31st, 2013. You are required to prepare a Profit and Loss Statement. Particulars Advertising Revenue Amt (Rs in Crore) 173.25 Equipment Hire Revenue 17.26 Interest on Fixed Deposits 8.48 Rental Income 1.32 Production Expenses 54.63 Salary, Wages and Other Benefits 38.03 Rent Expenses 11.89 Provision for doubtful debts 3.34 Other expenses 17.22 Depreciation on equipments 5.53 Amortization of Software licenses 6.73 Interest on bank loans 14.34 Other finance charges 0.33 Current tax on income 10.14 Deferred tax 3.87

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