Question:
Given below are the extracts of information from Financial statements of Zucca Ltd.Particular 2020-21 2021-22 Equities and Liabilities Share holder's funds Reserve and Surplus (Statement of Profit and Loss) 4,00,000 7,00,000 Current liabilities :- Dividend Payable 40,000
Calculate amount of Net Profit after tax, if an interim dividend of ₹ 2,00,000 was declared and paid.
Given below are the extracts of information from Financial statements of Zucca Ltd.
Calculate amount of Net Profit after tax, if an interim dividend of ₹ 2,00,000 was declared and paid.
| Particular | 2020-21 | 2021-22 |
| Equities and Liabilities | ||
| Share holder's funds | ||
| Reserve and Surplus (Statement of Profit and Loss) | 4,00,000 | 7,00,000 |
| Current liabilities :- Dividend Payable | 40,000 |
Updated On: Sep 19, 2024
- ₹ 3,00,000
- ₹ 5,00,000
- ₹ 4,60,000
- ₹ 5,40,000
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The Correct Option is B
Solution and Explanation
The correct option is (B) :₹ 5,00,000.
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