| Particulars | Note No. | Amount (Rs.) |
| I. Revenue from Operations (Net Sales) | 30,00,000 | |
| II. Other Income | 1 | 45,000 |
| III. Total Revenue (I + II) | 30,45,000 | |
| IV. Expenses; | ||
| (a) Purchases of Stock-in-Trade | 23,03,000 | |
| (b) Change in Inventories of Stock-in-Trade | 2 | (16,000) |
| (c) Depreciation and Amortisation Expenses | 1,85,000 | |
| (d) Other Expenses | 3 | 3,29,000 |
| Total Expenses | 28,01,000 | |
| V. Profit before Tax (III − IV) | 2,44,000 | |
| VI. Less: Provision for Tax | 64,000 | |
| VII. Profit after Tax (V – VI) | 1,80,000 |
Notes to Accounts
| Particulars | Amount (Rs.) |
| 1. Other Income | |
| (a) Dividend Received | 5,000 |
| (b) Gain (Profit) on Sale of Plant | 40,000 |
| 45,000 | |
| 2. Change in Inventories of Stock-in-Trade | |
| Opening Inventories | 2,84,000 |
| Less: Closing Inventories | 3,00,000 |
| (16,000) | |
| 3. Other Expenses | |
| (a) Office Expenses | 58,000 |
| (b) Selling Expenses | 2,35,000 |
| (c) Loss on Sale of Assets | 36,000 |
| 3,29,000 |
| Other Information: | Balance as on 31st March, 2019 Amount (Rs.) | Balance as on 31st March, 2018 Amount (Rs.) |
| Trade Payables | 2,78,000 | 2,50,000 |
| Trade Receivables | 4,52,000 | 4,15,000 |
| Inventories | 3,00,000 | 2,84,000 |
| Office Expenses Outstanding | … | 5,000 |
| Selling Expenses Outstanding | 25,000 | 22,000 |
Calculate Cash Flow from Operating Activities.
SOLUTION
