Calculate funds from operations from the
following profit and loss account.
Profit and loss account
Particulars Rs. Particulars Rs.
To expenses paid 3,00,000 By gross
To depreciation 70,000 profit 4,50,000
To loss on sale By gain on
on machine 4,000 sale of
To discount 200 land 60,000
To goodwill 20,000
To net profit 1,15,800
5,10,000 5,10,000
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OH Mighty Puss
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