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On march 31st, 2013 ramesh and …

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On march 31st, 2013 ramesh and co. Indicated a profit of ₹1,25,000 after considering the following: Depreciation on buildings 25,000 Depreciation on plant and machinery 45,000 Amortization of goodwill 20,000 Gain on sale pf machinery 10,000 Additional information 31.3.2013.31.3.2012 Trade receivable 45000. 35000 Inventory on hand 69000. 75000 Cash on hand 30000. 18000 Trade payables. 32000. 30000 Expenses payable 5000. 10000 Bank overdraft 35000. 60000
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