From the following extract of the Balance Sheet of Universal Ltd., Calculate Net Profit Before Tax and Extraordinary Items.
| Equity and Liabilities | 31st March, 2022 (₹) | 31st March, 2021 (₹) |
| Equity Share Capital
10% Preference Share Capital Surplus, i.e., Balance in Statement of Profit and Loss |
10,00,000
10,00,000 15,00,000 |
10,00,000
10,00,000 10,00,000 |
Additional Information:
An interim Dividend of ₹ 2,00,000 was paid on Equity Shares on 1st November 2021.
(Ans: Net Profit before Tax and Extraordinary items = ₹ 8,00,000)
Anurag Pathak Changed status to publish October 30, 2022
Below is the correct solution of the above Question:-
Anurag Pathak Changed status to publish October 30, 2022