Question

net profit during the year 125000,depriciation charge 50000,profit on sale of investment 15000, interest recv from investment 45000. calculate the fund from ​

Answer 1

Step-by-step explanation:

Particulars Amount

Net profit during the year 1,00,000

Add:- Loss on sale of machinery 30,000

Add:- Depreciation 20,000

Less:- Profit on sale of furniture (10,000)

Fund from operations 1,40,000

Fund From Operation = Net Income + Depreciation + Loss on Sale of Property - Gains on Sale of Property