Question

Raja Ltd. was incorporated on 1st July, 2004,

which took over a running concern with

effect from 1st January. 2004. The sales for

the period up to 1st July, 2004 was

Rs. 2,70,000 and the sales for 1st July, 2004

to 31st December, 2004 amounted to

Rs. 3,30,000. The expenses debited to Profit

and Loss account included:​

Answer 1

Answer:

effect from 1st January. 2004. The sales for

the period up to 1st July, 2004 was

Rs. 2,70,000 and the sales for 1st July, 2004

to 31st December, 2004 amounted to

Rs. 3,30,000. The expenses debited to Profit

and Loss account included: