[CBSE] Q. 5 Cash Flow Statement TS Grewal Class 12 2023-24

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Are you looking for the solution of Question number 5 of the Cash Flow Statement of TS Grewal Book 2023-24 session?

Following is the extract from the Balance Sheet of Karishma Ltd. as at 31st March, 2023:

Equity and Liabilities31st March,
2023 (₹)
31st March,
2022 (₹)
Surplus, i.e., Balance in Statement of Profit & Loss
Dividend Payable
10,00,000

50,000
5,00,000

Additional Information: Proposed Dividend for the years ended 31st March, 2022 and 2023 are ₹ 4,00,000 and ₹ 5,00,000 respectively.

Prepare the Note to show Net Profit before Tax and Extraordinary Items.

[Ans.: Net Profit before Tax and Extraordinary Items = ₹ 9,00,000.]

Solution:-

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