The following information is provided to you: Sales Rs 800,000 Material consumed Rs 200,000 Carriage Rs 20,000 Office expenses Rs 50,000 Wages and…
2023 · Solved Question with Answer
The following information is provided to you:
Sales Rs 800,000
Material consumed Rs 200,000
Carriage Rs 20,000
Office expenses Rs 50,000
Wages and salaries Rs 70,000
Interest paid Rs 20,000
Dividend received Rs 30,000
Depreciation Rs 40,000
Income tax paid Rs 30,000
Required:
(a) Value added statement and
(b) Net profit for the year