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# Income Statement for the year ended 31st March, 2022 | Particulars | ₹ | |---|---| | Revenue from Operations (Sales) | 5,00,000 | | Cost of Goods Sold | 3,00,000 | | Employees Benefit Expenses (Salaries) | 70,000 | | Depreciation | 20,000 | | Other Expenses (Insurance Premium) | 10,000 | | **Tota...

# Income Statement for the year ended 31st March, 2022 | Particulars | ₹ | |---|---| | Revenue from Operations (Sales) | 5,00,000 | | Cost of Goods Sold | 3,00,000 | | Employees Benefit Expenses (Salaries) | 70,000 | | Depreciation | 20,000 | | Other Expenses (Insurance Premium) | 10,000 | | **Total Expenses** | **4,00,000** | | **Net Profit (I-II)** | **1,00,000** | # Additional Information: | | 01.04.2021 ₹ | 31.03.2022 ₹ | |---|---|---| | Debtors | 50,000 | 60,000 | | Bills Receivable (B/R) | 20,000 | 30,000 | | Stock | 36,000 | 42,000 | | Prepaid Insurance Premium | 3,000 | 4,000 | | Creditors | 20,000 | 16,000 | | Outstanding Salaries | 10,000 | 12,000 | ## Cash Flow from Operating Activities | | 31.3.2021 ₹ | 31.3.2022 ₹ | |---|---|---| | Debtors | 50,000 | 40,000 | | Bills Receivable | 10,000 | 12,500 | | Creditors | 25,000 | 20,000 | | | 800 | 1,000 | | | 40,000 | 25,000 | | | 6,000 | 7,000 | | | 40,000 | 50,000 |