|Particular||31st, March, 2018,|
|31st, March, 2019,|
|Surplus, i.e., Balance in Statement of Profit and Loss||2,50,000||10,00,000|
|Provision for Tax||75,000||75,000|
|Current Assets (Trade Receivables and Inventories)||11,50,000||13,00,000|
|Fixed Assets (Tangible)||21,25,000||23,30,000|
(1.) A machine having book value of Rs. 1,00,000 (Depreciation provided thereon Rs. 1,62,500) was sold at a loss of Rs. 20,000. (2.) Tax paid during the year Rs. 75,000.