The following is the profit and loss account and balance sheet of Sevadar International Ltd. Redraft these
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The following is the profit and loss account and balance sheet of Sevadar International Ltd. Redraft these in vertical form.
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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 Particulars To Provision for tax To General Reserve To Preference Dividend To Final Equity Dividend To Balance c/f 50,000 40,000 2,00,000 1,10,000 90,000 10,000 80,000 5,000 1,40,000 5,000 40,000 12,85,000 20,55,000 3,50,000 4,80,000 1,00,000 1,40,000 3,30,000 14,00,000 By Sales By Closing Stock Finished Goods Raw Material By Profit on sale of Assets By Balance b/f By Net Profit for the Year 20,00,000 10,000 5,000 40,000 20,55,000 1,15,000 12,85,000 14,00,000
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