Calculate Gross Profit when Totla Purchases during the year are Rs 8,00,000, Returns Outward Rs 20,000, Direct Expenses Rs 60,000 and 2/3rd of the goods are sold for Rs 6,10,000.

From the following information, prepare Trading Account for the year ended 31st March, 2019: Cash Purchases Rs 1,50,000, Credit Purchases Rs 9,00,000, Returns Inward Rs 20,000, Cash Sales Rs 1,60,000, Credit Sales Rs 11,00,000, Reutrns Outward Rs 10,000, Freight Inwards Rs 3,000, Carriage Inwards Rs 3,000, Wages and Salaries Rs 4,000, Opening Stock Rs 1,50,000, Closing Stock Rs 88,000 but its net realisable value (market value) is Rs 84,000

From the following particulars of Bharat Gas Limited, calculate Cash Flows from Investing Activities. Also show the workings clearly preparing the ledger accounts (a) Patents were written-off to the extent of Rs 40,000 and some Patents were sold at a profit of Rs 20,000. (b) A Machine costing Rs 1,40,000 (Depreciation provided thereon Rs 60,000) was sold for Rs 50,000. Depreciation charged during the year was Rs 1,40,000. (c) On March 31, 2016, 10% Investments were purchased for Rs 1,80,000 and some Investments were sold at a profit of Rs 20,000. Interest on Investment was received on March 31, 2017. (d) Amartax Ltd., paid Dividend @ 10% on its shares. (e) A plot of Land had been purchased for investment purposes and let out for commercial use and rent received Rs 30,000.

From the following information, Calculate Capital at the beginning : Capital at the end of the year = Rs 4,00,000 Drawings made during the year = Rs 60,000 Fresh Capital introduce during the year = Rs 1,00,000 Profit of the current year = Rs 80,000