Question

• Net profit Rs. 80000 Previous Year
profit Rs. 20000 Provision For dividend
Rs.30000 Balance Profit will be ?​

Answer 1

Net profit is the amount of money your business earns after deducting all operating=  Rs 80000

Previous Year profit = Rs. 20000

A dividend is a distribution of cash or stock to a class of shareholders in a company =Rs 30000

Total profit =$(Rs 80000+ Rs. 20000 ) = Rs 100000$

Dividend is Rs 30000,              ( given)

∴ Balance profit will be = ( Total profit  -Dividend)

                                     = $Rs ( 100000 - 30000)$

                                     =$Rs 70000$

Hence Balance Profit will be Rs70000

Ans:- Balance Profit will be Rs70000.