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If it is given reserve nd surplus 200000 for the current year nd (50000) for the previous year thn how we will find PBT In cash flow

Posted by Chelsi Bhatt 8 years, 2 months ago

CBSE > Class 12 > Accountancy

4 answers

Vinay Bhadana 8 years, 2 months ago

The difference between the Reserve and surplus of current year and previous year is taken as profit before tax if no additional information is given but in this situation there is loss in the previous year therefore this loss is added in the current years profit to get PBT so profit before tax will be 250000

Geet Bathla 8 years, 2 months ago

- aur + plus kab see hone lag gaya

Maninder Singh 8 years, 2 months ago

PBT is Rs. 2,50,000. Because Dofference detween -50,000 and +2,00,000 is 2,50,000

Geet Bathla 8 years, 2 months ago

150000 as this 200000 will recover last year's loss first

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