Answer question number 15 tyz: net
Sons
Profit Op:ratlng Profit ?3..SO.000. Net Profit
I •l. Calculate operating profit from the follo€*ing
Net Profit
on Loan Bank
p.cnt P.c•elvcd
Donation
[Ans. Operating Profit ? '.47.100.1
"int : Ignored
'0.103
I f. A merchant has earned a Net Profit of ? 57.200 for the year ended
2017 Other balances tn his Ledger are as under —
C 'ash at Bank
U ash •n lland
I urn•ture and Fixtures
Stock
Car
Building
plant and
Recenablc
Bills Payable
Creditors
"100 captul
Sheet as at 31st March. 2017