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Commerce · Q928

Accounting

Graduate and Post Graduate · Commerce · question 928

Q928

If increase in retained earning = Rs. 6,00,000 Preliminary expense = Rs. 10,000 Provision for taxation = Rs. 60,000 Transfer to General reserve = Rs. 10,000 Net profit before taxation = ??

A.
Rs. 6,40,000
B.
Rs. 6,80,000
C.
Rs. 6,70,000
D.
Rs. 6,20,000
Answer

Answer: Option D

Solution

Answer: Option D
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