The following is the profit and loss account and balance sheet of Sach International Ltd. Redraft these
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The following is the profit and loss account and balance sheet of Sach International Ltd. Redraft these for the purpose of ratio analysis and calculate profitability ratios based on sales.
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Particulars To Opening Stock Finished Goods Raw Material To Purchase of Raw Material To Direct Wages To Manufacturing Expenses To Administrative Expenses To Depreciation To Preliminary expenses Written off To Selling and Distribution Expenses To Loss on Sale of Plant To Interest on Debentures To Net Profit Profit and Loss Account For the year ending March 31, 2009 Amount (³) 1,00,000 50,000 5,00,000 2,00,000 1,00,000 30,000 20,000 10,000 40,000 55,000 10,000 1,85,000 Particulars By Sales By Closing Stock Finished Goods Raw Material By Profit on sale of shares Amount (3) 10,00,000 1,50,000 1,00,000 50,000
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