XYZ limited has a revenue of RS.800000 and it has provided for depreciation at 10% SLM method.It has cash expenses of RS.200000.The taxes are 50%p.a. show the net earning on accounting approach basis and cash flow basis
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Revenue = 800000
Depreciation = 10% of revenue
= 10 X 800000 / 100
= 80000
=Revenue - Depreciation
= 800000 - 80000
= 720000
Cash Expenses = 200000
= Revenue - Expense
= 720000 - 200000
= 520000
Taxes = 50%
= 520000 X 50%
Net Earning = 260000
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