Following are the extracts from the Balance Sheets of a Company 31st December 2019 and 31st December 2020. You are required to calculate Funds from Operation. Particulars 2019 Rs. 2020 Rs. Profit and Loss Appropriation Account General Reserve Goodwill Preliminary for Depreciation of Machinery 40,000 20,000 10,000 10,000 40,000 25,000 5,000 12,000

Following are the extracts from the Balance Sheets of a Company 31st December 2019 and 31st December 2020. You are required to calculate Funds from Operation. Particulars 2019 Rs. 2020 Rs. Profit and Loss Appropriation Account General Reserve Goodwill Preliminary for Depreciation of Machinery 40,000 20,000 10,000 10,000 40,000 25,000 5,000 12,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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