STATEMENT OF PROFIT AND LOSS for the year ended 31st March, 2018ParticularsNoteRs.No.I.Revenue from Operations (Sales)8,00,000II.Other Income25,000III.Total Revenue (I + II)¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯8,25,000––––––––––IVExpenses :Puchase of Stock in Trade5,40,000Change in Inventories of Stock in Trade120,000Employee Benefit Expenses90,000Depreciation and Amortization Exp.15,000Other Exp.10,000Total Expense¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯6,75,000––––––––––V.Profit before Tax (III-IV)1,50,000Less : Tax30,000VI.Profit after Tax¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯1,20,000–––––––––– Notes to Accounts : ParticualarsRs.1.Change in Inventories of Stock in Trade :Openting Inventory80,000Less : Closing Inventory60,000¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯20,000––––––––

STATEMENT OF PROFIT AND LOSS for the year

1.	STATEMENT OF PROFIT AND LOSS for the year ended 31st March, 2018ParticularsNoteRs.No.I.Revenue from Operations (Sales)8,00,000II.Other Income25,000III.Total Revenue (I + II)¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯8,25,000––––––––––IVExpenses :Puchase of Stock in Trade5,40,000Change in Inventories of Stock in Trade120,000Employee Benefit Expenses90,000Depreciation and Amortization Exp.15,000Other Exp.10,000Total Expense¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯6,75,000––––––––––V.Profit before Tax (III-IV)1,50,000Less : Tax30,000VI.Profit after Tax¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯1,20,000–––––––––– Notes to Accounts : ParticualarsRs.1.Change in Inventories of Stock in Trade :Openting Inventory80,000Less : Closing Inventory60,000¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯20,000––––––––
Answer» $\begin{matrix} STATEMENT OF PROFIT AND LOSS f o r t h e y e a r e n d e d 31 s t M a r c h, 2018 \end{matrix} \begin{matrix} Particulars & Note & Rs. No. I. & Revenue from Operations (Sales) & 8, 00, 000 II. & Other Income & 25, 000 III. & Total Revenue (I + II) & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 8, 25, 000 - -------- - IV & Expenses : Puchase of Stock in Trade & 5, 40, 000 Change in Inventories of Stock in Trade & 1 & 20, 000 Employee Benefit Expenses & 90, 000 Depreciation and Amortization Exp. & 15, 000 Other Exp. & 10, 000 Total Expense & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 6, 75, 000 - -------- - V. & Profit before Tax (III-IV) & 1, 50, 000 Less : Tax & 30, 000 VI. & Profit after Tax & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 1, 20, 000 - -------- - \end{matrix}$ Notes to Accounts : $\begin{matrix} Particualars & Rs. 1. & Change in Inventories of Stock in Trade : Openting Inventory & 80,000 Less : Closing Inventory & 60,000 ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 20, 000 - ------ - \end{matrix}$

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