Reserve and Surplus Balance
This query is : Resolved
26 January 2024
Reserves & Surplus Rs. xxx
1. Profit before depreciation and tax (PBDT) Rs. 200
2. Depreciation Rs. 150
3. Profit before Tax Rs. 50
4. Profit after Tax Rs. 40
A) Which of this above four items will be added in Reserve and Surplus ??
B) Why??
1. Profit before depreciation and tax (PBDT) Rs. 200
2. Depreciation Rs. 150
3. Profit before Tax Rs. 50
4. Profit after Tax Rs. 40
A) Which of this above four items will be added in Reserve and Surplus ??
B) Why??
28 January 2024
Profit after tax is added.
Since it's the surplus amount after payment of all expenses and taxes.
Since it's the surplus amount after payment of all expenses and taxes.
28 January 2024
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