Question

Loss Account of M/s R. Kumar & Co.
Flow Statement)
Tronem 3.3 Calculate funds from operations from the following Profit and
33
Profit & Loss Account
Rs.
2,00,000
To Salaries
10,000 By Gross Profit
To Rent
3,000 By Profit on sale of
To Commission
2.000 Machine
To Discount allowed
1,000 By Refund of tax
To Provision for Depreciation 14,000 By Dividends received
To Transfers to General Reserves 20,000
To Provision for tax
10,000
To Loss on Sale of Investments
5,000
To Discount on Issue of Debentures 2,000
To Preliminary Expenses
3,000
To Selling Expenses
20,000
To Net Profit
1,20,000
5.000
3,000
2,000
2,10,000
2,10.000​

Answer 1

Answer:

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Step-by-step explanation:

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