Subject: Accountancy, asked on 8/10/22

Subject: Accountancy, asked on 12/10/22

Following information is extracted from the books of Rupa & Co. for the periods ending 31 March 2020 and 2019:

Note No

2019-20

2018-19

Revenue from Operations (Sales)

75,00,000

60,00,000

Cost of Revenue from Operations

$7,00,000 45,00,000

Administrative & Selling Exp. Depreciation on Plant & Machinery

5,70,000 3,01,500

4,80,000 2.40,000

Depreciation on Furniture

50,000 30,000

Share Issue Expenses Written Off

10,000 10,000

Interest on Long-term Debts Provision for Taxation

96,000

80,000

1.37,700 1,00,000

BALANCE SHEETS as at 31 March 2020 & 2019

I. Equity & Liabilities

Note 31.3.2020 31.3.2019

No.

1

18,00,000

18,00,000 14,40,000 7,95.200

Shareholder's Funds: Share Capital

Reserve & Surplus

Non-Current Liabilities:

Long term Borrowings

Current Liabilities:

Trade Payables

2

12,00,000

10,00,000

8,22,300

5,04,800

Short term Provision

1,37,700

$4,00,000 42,00,000

II. Assets:

Non-Current Assets:

Fixed Assets

Current Assets

32,40,000

26,88,000

Inventory

Trade Receivables Cash & Bank Balance

12,00,000 9,00,000

9,00,000

5,00,000 60,000 1,12,000

54,00,000 42,00.000

Note: 1. Share Capital Consisted of 18,000 shares of 100 each

2. Long term Borrowings carried 3. Short-term Provision:

8% p.a. interest. 31.3.2020

31.3.2019 1,00,000

Provision for Tax

1,37,700

You are required to:

(1) Prepare the Statement of Profit & Loss of Rupa & Co. for the years ended

31 March 2020 and 2019.

(ii) Prepare a Report commenting upon the performance and financial position of Rupa & Co. on the basis of ratio analysis.

Subject: Business Studies, asked on 10/10/22

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