The following information is related to Vishwas Ltd.: Revenue from Operations (Net Sales) 30,00,000 Other Income 45,000
The following information is related to Vishwas Ltd.:
| Particulars | Note No. | ₹ |
| I. Revenue from Operations (Net Sales) II. Other Income |
1 | 30,00,000 45,000 |
| III. Total Revenue (I + II) | 30,45,000 | |
| IV. Expenses: (a) Purchase of Stock in Trade (b) Change in Inventories of Stock in Trade (c) Depreciation and Amortisation Expenses (d) Other Expenses |
2 3 |
23,03,000 (16,000) 1,85,000 3,29,000 |
| Total Expenses | 28,01,000 | |
| V. Profit before Tax (III – IV) VI. Less: Provision for Tax |
2,44,000 64,000 |
|
| VII. Profit after Tax (V – VI) | 1,80,000 |
Notes to Accounts
| Particulars | ₹ |
| 1. Other Expenses (a) Dividend Received (b) Gain (Profit) on Sale of Plant |
5,000 40,000 |
| 45,000 | |
| 2. Change in Inventories of Stock in Trade Opening Inventories Less: Closing Inventories |
2,84,000 3,00,000 |
| (16,000) | |
| 3. Other Expenses (a) Office Expenses (b) Selling Expenses (c) Loss on Sale of Assets |
58,000 2,35,000 36,000 |
| 3,29,000 |
Other information:-
| Balances as on 31st March, 2023 (₹) |
Balances as on 31st March, 2022 (₹) |
|
| Trade Payables Trade Receivables Office Expenses Outstanding Selling Expenses Outstanding |
2,78,000 4,52,000 25,000 |
2,50,000 4,15,000 5,000 22,000 |
[Ans.: Cash Flow from Operating Activities = ₹ 3,29,000.]
Anurag Pathak Changed status to publish August 19, 2023
