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You are provided the following information: Sales = Rs. 500,000 Salary to employee = Rs. 90,000 Interest received = Rs. 12,000 Income tax paid = Rs.…

BBS Financial Accounting and Analysis · 2077 · Solved Question with Answer

You are provided the following information:

  • Sales = Rs. 500,000

  • Salary to employee = Rs. 90,000

  • Interest received = Rs. 12,000

  • Income tax paid = Rs. 10,000

  • Opening Stock = Rs. 50,000

  • Closing Stock = Rs. 70,000

  • Purchase = Rs. 200,000

  • Carriage inward = Rs. 70,000

Required: Amount of value added

Solution

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