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Profit & Loss Account

XYZ LTD's Profit & Loss Account for April 1, 2024, shows total sales of 93,700.00 with a gross profit of 52,900.00 after accounting for direct expenses. Indirect expenses amount to 43,560.00, leading to a net profit of 12,250.00. The document provides a detailed breakdown of opening stock, purchases, sales returns, and various expenses.

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10 views1 page

Profit & Loss Account

XYZ LTD's Profit & Loss Account for April 1, 2024, shows total sales of 93,700.00 with a gross profit of 52,900.00 after accounting for direct expenses. Indirect expenses amount to 43,560.00, leading to a net profit of 12,250.00. The document provides a detailed breakdown of opening stock, purchases, sales returns, and various expenses.

Uploaded by

kishanpareek2004
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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XYZ LTD

18/3 OLD CHINA BAZAR


KOLKATA 700001

Profit & Loss A/c


For 1-Apr-24

Particulars For 1-Apr-24 Particulars For 1-Apr-24

Opening Stock 19,800.00 Sales Accounts 93,700.00


PENCIL 19,800.00 SALES 95,000.00
SALES RETURN (-)1,300.00
Purchase Accounts 69,400.00
PURCHASE 72,100.00 Closing Stock 60,000.00
PURCHSE RETURN (-)2,700.00 PENCIL 60,000.00

Direct Expenses 11,600.00


CARRIAGE INWARD 3,200.00
COMMISSION 8,400.00

Gross Profit c/o 52,900.00

1,53,700.00 1,53,700.00

Indirect Expenses 43,560.00 Gross Profit b/f 52,900.00


BAD DEBTS 3,000.00
DELIVERY VAN EXPENSES 1,400.00 Indirect Incomes 2,910.00
OFFICE EXPENSES 6,210.00 DISCOUNT 2,910.00
POSTAGE EXPENSES 950.00
PRINTING & STATIONERY 2,750.00
RENT 7,700.00
SALARIES 15,375.00
TELEPHONE CHARGES 1,050.00
WAGES 5,125.00

Nett Profit 12,250.00

Total 55,810.00 Total 55,810.00

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