PPI

Q.14 01-05-201
DOA
M J J A

Time Ratio = 9 Months

Time Ratio = 9:2

Sales Ratio = 01-05-201

DOA
M J J A

9 1 1 1
33

Sales Ratio = 33:2

Rent Net Rent is given after substracting rent received per m

Net Rent = 39,000
Per Month Re
Total Rent Recei
 Gross Rent Paid = Net Rent + Rent Recei
Gross Rent Paid = 39,000

Ans.
Statemement of Profit Prior to Incorporation (PPI) for the year en
Particulars Total Basis Pre
Income

Total Income -
Expenses

Total Income 0 -
Net Profit transfer to Capital Reserve A/c -
Profit and Loss A/c Nil
 S O N D J

s 02 Months

S O N D J

1 9 9 1 1
33

rent received per month of Rs. 4,000 from Dec.2016 to March.2017

Rent Received Duration = 4 Months
Per Month Rent = Rs. 4,000
Total Rent Received = 4,000 * 4 Months = 16,000
Dec, Jan Feb, March
 Income side
Rent + Rent Received
+ 16,000 = 55,000 Exp. Side
Pre & Post
Time Ratio

PI) for the year ended 31-12-2017

Post

-
Nil
-
 12/31/2017
Accounting Year Ending
F M Total = 11 Months
DOI
2/1/2017

onths

12/31/2017
Accounting Year Ending
F M Total = 11 Months
DOI
2/1/2017
1 1
2

ch.2017

Pre & Post 2:2 Ratio

Income side