The document is a profit and loss account for Scholar Tech Press for April 1, 2021. It shows an opening stock of Rs. 17,29,800, purchases of Rs. 43,000 and sales of Rs. 6,25,000. Closing stock was Rs. 14,29,407. Gross profit was Rs. 2,81,607. Total expenses were Rs. 3,20,400 including depreciation, discounts, electricity, insurance, rent, salaries and taxes. Indirect income was Rs. 1,40,000 from profit on sale of investment. The net profit for the period was Rs. 1,01,207.
The document is a profit and loss account for Scholar Tech Press for April 1, 2021. It shows an opening stock of Rs. 17,29,800, purchases of Rs. 43,000 and sales of Rs. 6,25,000. Closing stock was Rs. 14,29,407. Gross profit was Rs. 2,81,607. Total expenses were Rs. 3,20,400 including depreciation, discounts, electricity, insurance, rent, salaries and taxes. Indirect income was Rs. 1,40,000 from profit on sale of investment. The net profit for the period was Rs. 1,01,207.
The document is a profit and loss account for Scholar Tech Press for April 1, 2021. It shows an opening stock of Rs. 17,29,800, purchases of Rs. 43,000 and sales of Rs. 6,25,000. Closing stock was Rs. 14,29,407. Gross profit was Rs. 2,81,607. Total expenses were Rs. 3,20,400 including depreciation, discounts, electricity, insurance, rent, salaries and taxes. Indirect income was Rs. 1,40,000 from profit on sale of investment. The net profit for the period was Rs. 1,01,207.