Prepare a Comparative Statement of Profit & Loss from the following :

$\begin{array}{ccc}\text{Particulars}& 31-03-2014& 31-03-2013\\ & \text{(Rs.)}& \text{(Rs.)}\\ \text{Revenue from Operations}& 50,00,000& 30,00,000\\ \text{Finance Costs}& 30,00,000& 27,00,000\\ \text{Employee Benefit Expenses}& 4,00,000& 3,00,000\\ \text{Other Expenses}& 40,000& 50,000\end{array}$

Income Tax is 40% of Net Profit

Prepare Statement of Profit and Loss from the following information extracted from the books of X Ltd. as at 31st March, 2017:

$\begin{array}{cc}& \text{Rs.}\\ \text{Sales}& 50,00,000\\ \text{Purchase of Stock in Trade}& 30,00,000\\ \text{Wages}& 10,00,000\\ \text{Interest Received}& 60,000\\ \text{Bonus}& 1,20,000\\ \text{Gratuity paid}& 80,000\\ \text{Opening Stock-in Trade}& 3,00,000\\ \text{Closing Stock-in Trade}& 5,00,000\end{array}$

From the following figures, calculate operating profit.
$\begin{array}{cc}& \text{Rs.}\\ \text{Net profit}& 1,00,000\\ \text{Rent received}& 10,000\\ \text{Gain on sale of machine}& 15,000\\ \text{Interest on loan}& 20,000\\ \text{Donation}& 2,000\end{array}$

The Statement of Profit and Loass of an enterprise for the year ended 31st March, 2018, stood as follows:

$$\begin{array}{ccc}\text{Particulars}& \text{Note}& \text{Amount}\\ & \text{No.}& \\ \text{I. Revenue from Operations}& & 1,38,0000\\ \text{II. Other Income}& 1& \underset{–}{1,60,000}\\ \text{III. Total Revenue}& & \underset{–}{1,5,40000}\\ \text{IV. Expenses}& & \\ \text{Purchases}& & 9,30,000\\ \text{Changes in Inventories}& & \\ \text{(Opening Inventory - Closing Inventory) (1,00,000 - 1,30,000)}& & (30,000)\\ \text{Emplyee Benefit Expenses}& & 1,15,000\\ \text{Depreciation and Amortization Expenses}& 2& 87,000\\ \text{Other Expenses}& 3& \underset{–}{3,50,000}\\ \text{Total Expenses}& & 1,45,2000\\ \text{V. Profit Before Tax (III - IV)}& 88,000& \end{array}$$
Notes:
(1)
$$\begin{array}{cc}\text{Other Income:}& \\ \text{Divident Received}& 40,000\\ \text{Profit on Sale of Building}& \\ \text{Book Value}(5,00,000)& \\ \text{Sold for}\underset{–}{6,20,000}& \underset{–}{1,20,000}\\ & \underset{–}{1,60,000}\end{array}$$
(2) $$\begin{array}{cc}\text{Depreciation and Amortization Expenses:}& \\ \text{Depreciation}& 55,000\\ \text{Goodwill written off}& \underset{–}{20,000}\\ & \underset{–}{75,000}\end{array}$$
(3) $$\begin{array}{cc}\text{Other Expenses:}& \\ \text{Office Expenses}& 31,0000\\ \text{Selling and Distribution Expenses}& 40,000\\ \text{Share Issue Expenses Written off}& \underset{–}{12,000}\\ & \underset{–}{3,62,000}\end{array}$$

Additional Information: Rs.
1. Manufacturing Wages Outstanding 50,000
2. Salaries Outstanding 40,000
3. Salaries Prepaid 5,000

Calculate the amount of cash generated from operating activites.

Calculate cash from operating activities from the following balances:

$$\begin{array}{ccc}\text{Particulars}& \text{31st March, 2016}& \text{31st March, 2017}\\ \text{Current Assets and Current Liabilities:}& & \\ \text{Debtors}& 80,000& 60,000\\ \text{Bills Receivable}& 7,000& 10,000\\ \text{Creditors}& 50,000& 55,000\\ \text{Bills Payable}& 8,000& 6,000\\ \text{Outstanding Expenses}& 1,000& 1,500\\ \text{Prepaid Expenses}& 1,800& 1,600\\ \text{Accrued Income}& 800& 900\\ \text{Income received in Advance}& 700& -\end{array}$$

Operating profit before working capital changes was Rs. 1,00,000.

Calculate the amount of gross profit and operating profit on the basis of the following balances extracted from the books of M/s Rajiv and Sons for the year ended March 31, 2011.

$\begin{array}{cc}& \text{(Rs.)}\\ \text{Opening stock}& 50,000\\ \text{Net sales}& 11,00,000\\ \text{Net purchase}& 6,00,000\\ \text{Direct expenses}& 60,000\\ \text{Administration expenses}& 45,000\\ \text{Selling and distribution expenses}& 65,000\\ \text{Loss due to fire}& 20,000\\ \text{Closing stock}& 70,000\end{array}$