Following are the extracts from the Balance Sheet of MAH Ltd. as at 31st March, 2019:

Particular31st March 2019
Amount (Rs.)
31st March 2018
Amount (Rs.)
Surplus, i.e., Balance in Statement of Profit and Loss10,00,0005,00,000
Dividend Payable50,000

Additional Information: Proposed Dividend for the years ended 31st March, 2018 and 2019 are Rs. 4,00,000 and Rs. 5,00,000 respectively.
Prepare the Note to show Net Profit before Tax and Extraordinary Items.


Leave a Reply