Income costs and gross benefit

Reference no: EM13904079

Income costs and gross benefit offsets of M/s ABC Traders for the year finished on March 31, 2009 were as per the following:

Gross Profit Rs. 4,20,000, Salaries Rs. 1,10,000, Discount (Cr.), Rs. 18,000, Discount (Dr.) Rs. 19,000, Bad Debts Rs. 17,000, Depreciation Rs. 65,000, Legal Charges Rs. 25,000, Consultancy Fees Rs. 32,000, Audit Fees Rs. 1,000, Electricity Charges Rs. 17,000, Telephone, Postage and Telegrams Rs. 12,000, Stationery Rs. 27,000, Interest paid on Loans Rs. 70,000.

Get ready Profit and Loss Account of M/s ABC Traders for the year finished on March 31, 2009

Reference no: EM13904079

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