From the following information, calculate Net Profit before Tax and Ex

From the following information, calculate Net Profit before Tax and Extraordinary Items: ₹ Surplus, i.e., Balance in Statement of Profit and Loss (Opening) 1,00,000 Surplus, i.e., Balance in Statement of Profit and Loss (Closing) 3,36,000 Dividend paid in the current year 72,000 Interim Dividend Paid during the year 90,000 Transfer to Reserve 1,00,000 Provision for Tax for the current year 1,50,000 Refund of Tax 3,000 Loss due to Earthquake 2,00,000 Insurance Proceeds from Earthquake disaster settlement 1,00,000

Answer»

From the following information, calculate Net Profit before Tax and Extraordinary Items:

	₹
Surplus, i.e., Balance in Statement of Profit and Loss (Opening)	1,00,000
Surplus, i.e., Balance in Statement of Profit and Loss (Closing)	3,36,000
Dividend paid in the current year	72,000
Interim Dividend Paid during the year	90,000
Transfer to Reserve	1,00,000
Provision for Tax for the current year	1,50,000
Refund of Tax	3,000
Loss due to Earthquake	2,00,000
Insurance Proceeds from Earthquake disaster settlement	1,00,000