From the following information, calculate Net Profit before Tax and Extraordinary Items:
| Particulars | 31st March, 2025 (₹) |
31st March, 2024 (₹) |
| Surplus, i.e., Balance in Statement of Profit & Loss | 6,45,000 | 90,000 |
| Proposed Dividend | 1,35,000 | 90,000 |
| General Reserve | 3,60,000 | 2,70,000 |
| Workmen Compensation Reserve | 1,80,000 | 1,65,000 |
Solution :
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I am a M. Com Gold Medalist from Osmania University in 1999. And a UGC NET Qualified in June 1999.
My passion and interest are in the areas of Accountancy & Financial Management. Over the last ~20 years, I have been teaching students (predominantly in Class XI, XII – All Boards and B. Com Students across Universities.