| Particular | 31st March 2019 Amount( Rs.) | 31st March 2018 Amount( Rs.) |
| Equity Share Capital | 8,00,000 | 8,00,000 |
| 10% Preference Share Capital | 6,00,000 | 6,00,000 |
| Surplus i.e., Balance in Statement of Profit and Loss | 7,20,000 | 4,00,000 |
| Unpaid Dividend | 20,000 | – |
Additional Information:
(i) Proposed dividend on equity shares for the year 2017-18 and 2018-19 are Rs. 1,60,000 and Rs. 2,00,000 respectively.
(ii) An Interim Dividend of Rs. 40,000 on Equity Shares was paid.
Calculate Net Profit before Tax and Extraordinary Items.
SOLUTION
