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The summarized balance sheet of Autolight Limited shows the balances of previous and currentyear of retained earnings Rs. 25,000 and Rs. 35,000. If dividend paid
The summarized balance sheet of Autolight Limited shows the balances of previous and currentyear of retained earnings Rs. 25,000 and Rs. 35,000. If dividend paid during the current year amounted toRs. 5,000 then profit earned during the year will be:(a) Rs. 5,000(b) Rs. 55,000(c) Rs. 15,000(d) Rs. 65,000
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