Commission Recen Sales Share Transfer Fees 5,000 (Ans: Profit after Tax 12. From the following particulars of Sriman Ltd., calculate the remuneration of t Director at 5% of net profit. a) Remuneration of Managing Director+ b) Provision for bad debts + C) Provision for tax + d) Depreciation written off e) Loss on sale of investments f) Depreciation allowable as per income-tax provisions g) Net profit after considering the above items ₹ 10,000 5,000 75,000 40,000 35,000 35,000 2,25,000 (Ans: Managerial Remunerati 13. Keshav Ltd., earned a net profit of *4,00,000 after considering the following items Depreciation Preliminary expenses + ₹ 80,000 490 10.0002
Commission Recen Sales Share Transfer Fees 5,000 (Ans: Profit after Tax 12. From the following particulars of Sriman Ltd., calculate the remuneration of t Director at 5% of net profit. a) Remuneration of Managing Director+ b) Provision for bad debts + C) Provision for tax + d) Depreciation written off e) Loss on sale of investments f) Depreciation allowable as per income-tax provisions g) Net profit after considering the above items ₹ 10,000 5,000 75,000 40,000 35,000 35,000 2,25,000 (Ans: Managerial Remunerati 13. Keshav Ltd., earned a net profit of *4,00,000 after considering the following items Depreciation Preliminary expenses + ₹ 80,000 490 10.0002
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:Commission Recen
Sales
Share Transfer Fees
5,000
(Ans: Profit after Tax
12. From the following particulars of Sriman Ltd., calculate the remuneration of t
Director at 5% of net profit.
a) Remuneration of Managing Director+
b) Provision for bad debts +
C) Provision for tax +
d) Depreciation written off
e) Loss on sale of investments
f) Depreciation allowable as per income-tax provisions
g) Net profit after considering the above items
₹
10,000
5,000
75,000
40,000
35,000
35,000
2,25,000
(Ans: Managerial Remunerati
13. Keshav Ltd., earned a net profit of *4,00,000 after considering the following items
Depreciation
Preliminary expenses +
₹
80,000 490
10.0002
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