A lTd acquises a Business as on 1st April 2013, it being incorporated on 1st August, 2013 The first account are drawn up to 31st December 2013 The Gross! profit is ₹ 60000 The Genral Expenses are ₹9ooo, Directors fees ₹30000 per annum and preliminary Expenses ₹2500 Rent to 30th September, 2013 was ₹1800 per annum after which it was increased to ₹3600 per annum. Salary of the manager who upon incorporation was made a director was ₹4800 per annum (since incorporation included in Directors'fee above) The company paid ₹5000 as donation to political parties this year Preepare statement of profit & loss in the books of A LTD Incorpordition. The total sales were ₹930000 the monthly average of which for the four months of April to july 2013 Being one-fourth of that of the remaining period the company
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All the elements and compounds are pure substances because they contain only one kind of particles. For Example: Hydrogen,Oxygen,Nitrogen,Chlorine,Iodine,carbon,Iron,Copper etc are pure substances(elements). Water, sodium chloride, Hydrochloric acid,Camphor etc. are pure substances (compounds)
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