Question No. 39
• Find out the balance of Net Revenue A/c dividend paid Rs.1,50,000 transfer to general reserve Rs.10,000
interest on debenture Rs. 19,200 Profit of Last year Rs.40,867 Profit of current year Rs.2,45,647
Answer
B. Rs. 1,17,314
A. Rs. 1,07,314
C. Rs. 1,27,314
D. Rs.97,145
Answers
Answered by
1
Answer:
d 97145 is correct answer
Answered by
0
Revenue is the amount earned by the enterprise after deducting all type of office and overhead expenses and also after providing some amount for reserves
NET REVENUE = TOTAL REVENUE - ALL LIABILITIES AND APPROPRIATIONS.
Here,
Total profit = 40867+245647
= 286514
Total liabilities and appropriations = 150000+10000+19200
= 179200
Net revenue = 286514-179200
= ₹107314
So, the final answer is option D ₹107314.
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