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The summarized balance sheet of Rakesh udyog Limited shows the balances of previous andcurrent year of provision for taxation Rs. 50,000 and Rs. 65,000. If
The summarized balance sheet of Rakesh udyog Limited shows the balances of previous andcurrent year of provision for taxation Rs. 50,000 and Rs. 65,000. If taxed paid during the current yearamounted to Rs. 70,000 then amount charge from Profit and Loss Account will be:(a) Rs. 55,000(b) Rs. 85,000(c) Rs. 45,000(d) Rs. 1,85,000
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