Question
Accountancy Question on Financial Statements of a Company
| 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. |
A
₹ 3,00,000
B
₹ 5,00,000
C
₹ 4,60,000
D
₹ 5,40,000
Answer
₹ 5,00,000
Explanation
Solution
The correct option is (B) :₹ 5,00,000.