From the following extract of Balance Sheet of Universal Ltd., Calculate Net Profit before Tax and Extraordinary Items:
From the following extract of Balance Sheet of Universal Ltd., Calculate Net Profit before Tax and Extraordinary Items:
| Equity and Liabilities | 31st March, 2023 (₹) |
31st March, 2022 (₹) |
| Equity Share Capital 10% Preference Share Capital Surplus, i.e., Balance in Statement of Profit & Loss |
10,00,000 10,00,000 15,00,000 |
10,00,000 10,00,000 10,00,000 |
Interim Dividend of ₹ 2,00,000 was paid on Equity Shares on 1st November 2022.
[Ans.: Net Profit Before Tax and Extraordinary Items = ₹ 8,00,000.]
Anurag Pathak Changed status to publish August 17, 2023
