Order the above exchanges into capital and income

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Reference no: EM13910741

Prasad Pictures Ltd. built a silver screen house and acquired the accompanying consumptions amid the year finished 31.12.2003.

i. Second hand furniture obtained worth Rs.3,00,000.

ii. Costs regarding acquiring a permit were Rs.30,000.

iii. Fire protection, Rs.2500 was paid on first January 2003 for one year.

iv. Amid the first week after the arrival of the silver screen, free tickets worth Rs.30,000 were dispersed to expand the exposure of the film house.

v. The supervisor's pay for the year was Rs.60,000.

Order the above exchanges into capital, income and conceded income consumptions.

Reference no: EM13910741

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