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Following is the extract from the Balance Sheet of Zee Ltd.: Particular 31st March 2019 (₹) 31st March 2018 (₹) Equity Share Capital 8,00,000 8,00,000 10% Preference Share Capital 6,00,000 6,00,000 Surplus i.e., Balance in Statement of Profit and Loss 7,20,000 4,00,000 Unpaid Dividend 20,000 – Additional Information:(i) Proposed dividend on equity shares for the year 2017-18 and 2018-19 are ₹ 1,60,000 and ₹ 2,00,000 respectively.(ii) An Interim Dividend of ₹ 40,000 on Equity Shares was paid.Calculate Net Profit before Tax and Extraordinary Items. |
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Answer» Following is the extract from the Balance Sheet of Zee Ltd.:
Additional Information: (i) Proposed dividend on equity shares for the year 2017-18 and 2018-19 are ₹ 1,60,000 and ₹ 2,00,000 respectively. (ii) An Interim Dividend of ₹ 40,000 on Equity Shares was paid. Calculate Net Profit before Tax and Extraordinary Items. |
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