Following is the Extract from the Balance Sheet of Karishma Ltd. as at 31st March, 2022
| Equity and Liabilities | 31st March, 2022 (₹) | 31st March, 2022 (₹) |
| Surplus, i.e, Balance in Statement of Profit and Loss
Dividend Payable |
10,00,000
50,000 |
5,00,000
|
Additional Information: Proposed Dividend for the years ended 31st March, 2021 and 2022 are ₹ 4,00,000 and ₹ 5,00,000 respectively.
Prepare the Note to show Net Profit before Tax and Extraordinary Items.
(Ans:- Net Profit Before Tax and Extraordinary Items = ₹ 9,00,000)
Anurag Pathak Answered question October 30, 2022
Following is the Solution of the above Question. 
Anurag Pathak Changed status to publish October 30, 2022