Accountancy, asked by annupawan, 1 year ago

XYZ Ltd. has a revenue of Rs. 8,00,000 and it has provided for depreciation at
10% SLM method. It has cash expenses of R.2,00,000. The taxes are 50% p.a.
show the net earning on accounting approach basis and cash flow basis

Answers

Answered by SentimentalCorp
0

Mark as Brainliest please..


annupawan: what is this
Answered by dackpower
1

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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