Question

is. The Net profit of Mr. Sulaiman as per his Profit and Loss Account after charging the following
items was 73,40,000 :
(a) Interest on capital
20,000
(b) Salary to staff
1,16,000
(c) Office expenses
3,000
(d) Bad debts written-off
13,000
(e) Provisions for bad debts
10.000
(f) Provisions for income-tax
16,000
(g) Donation
10.000
(h) Depreciation
17,000
Depreciation allowable as per the Act is only 12,000.
Compute income from the business.
(7.13)
401​

Answer 1

9)-55&665

Explanation:

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Answer 2

Answer:

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