were duly received expect allotment and final call on 6,000 shares allotted to sharvi.
These shares were forfeited. Afterwards, half of the forfeited shared were reissued
for 33,000 as fully paid up. Pass the necessary journal entry (8marks)
10. From the following information prepare a comparative statement of profit and loss of V
Itd for the year ended 31.3.2015 (6marks)
Particulars
2014-15
2013-14
Revenue from operation
20,00,000
10,00,000
Cost of material consumed
15,00,000
6,00,000
Other expenses
12% of cost 10% of cost
material
material
consumed consumed
Tax rate
40%
30%
11. Calculate cash flows from operating activities with the following information of J.Itd
(6 marks)
Answers
Answered by
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Answer:
cash flow is calculated by formula i will upload here later
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