The Chief Manager of Bharat Chemicals Lrd$.$ is surprised to find that though his company has incurred a loss during the year ended March $31,2011,$ the cash has increased during the period. He was puzzled further, by finding that there was an increase in the stock, and the collections from the customers were slow.

The financial statemenes for the company are given belown:

Profit and Loss Account for the year ended March $31,2011$

$\backslash$table$[[,$Re$.,$R$2],[$Sales$,,5,60,000$