BEST FRIENDS TYRES

Prop:Shoukathali A
Mundur

ST
TRADING & PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022
EXPENDITURE AMOUNT INCOME AMOUNT
(in Lakhs) (in Lakhs)

To Opening stock 640000 By Sales 1826000

" Purchases 1151000

" Wages and Labour Charges 34231 " Closing Stock 960000
" Gross Profit c/d 960769
TOTAL 2786000 TOTAL 2786000
960769
" Audit Fee 10000 " Gross Profit b/d
" Interest & Bank charges 12000
" Loading and Unloading 20000
" Power & Fuel Charges 12000
" Repairs & Maintenance 15000
" Salary & Allowances Expense 220000
" Telephone and internet charges 6000
" Depreciation 23000
" Net Profit transferred to proprietors capital 642769
a/c
TOTAL 960769 TOTAL 960769