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Read the following information and answer the given questions:X Ltd. made a profit of ₹ 5,00,000 after consideration of the following items :₹(i) Goodwill written off 5,000(ii) Depreciation on Fixed Tangible Assets 50,000(iii) Loss on Sale of Fixed Tangible Assets (Machinery) 20,000(iv) Provision for Doubtful Debts 10,000(v) Gain on Sale of Fixed Tangible Assets (Land) 7,500Additional information :Q. Which of the following items will adjust to Net Profit before Tax?a)Trade Receivablesb)Prepaid Expensesc)Loss on sale of Fixed Assetd)Expenses PayableCorrect answer is option 'C'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Read the following information and answer the given questions:X Ltd. made a profit of ₹ 5,00,000 after consideration of the following items :₹(i) Goodwill written off 5,000(ii) Depreciation on Fixed Tangible Assets 50,000(iii) Loss on Sale of Fixed Tangible Assets (Machinery) 20,000(iv) Provision for Doubtful Debts 10,000(v) Gain on Sale of Fixed Tangible Assets (Land) 7,500Additional information :Q. Which of the following items will adjust to Net Profit before Tax?a)Trade Receivablesb)Prepaid Expensesc)Loss on sale of Fixed Assetd)Expenses PayableCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the following information and answer the given questions:X Ltd. made a profit of ₹ 5,00,000 after consideration of the following items :₹(i) Goodwill written off 5,000(ii) Depreciation on Fixed Tangible Assets 50,000(iii) Loss on Sale of Fixed Tangible Assets (Machinery) 20,000(iv) Provision for Doubtful Debts 10,000(v) Gain on Sale of Fixed Tangible Assets (Land) 7,500Additional information :Q. Which of the following items will adjust to Net Profit before Tax?a)Trade Receivablesb)Prepaid Expensesc)Loss on sale of Fixed Assetd)Expenses PayableCorrect answer is option 'C'. Can you explain this answer?.

Solutions for Read the following information and answer the given questions:X Ltd. made a profit of ₹ 5,00,000 after consideration of the following items :₹(i) Goodwill written off 5,000(ii) Depreciation on Fixed Tangible Assets 50,000(iii) Loss on Sale of Fixed Tangible Assets (Machinery) 20,000(iv) Provision for Doubtful Debts 10,000(v) Gain on Sale of Fixed Tangible Assets (Land) 7,500Additional information :Q. Which of the following items will adjust to Net Profit before Tax?a)Trade Receivablesb)Prepaid Expensesc)Loss on sale of Fixed Assetd)Expenses PayableCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of Read the following information and answer the given questions:X Ltd. made a profit of ₹ 5,00,000 after consideration of the following items :₹(i) Goodwill written off 5,000(ii) Depreciation on Fixed Tangible Assets 50,000(iii) Loss on Sale of Fixed Tangible Assets (Machinery) 20,000(iv) Provision for Doubtful Debts 10,000(v) Gain on Sale of Fixed Tangible Assets (Land) 7,500Additional information :Q. Which of the following items will adjust to Net Profit before Tax?a)Trade Receivablesb)Prepaid Expensesc)Loss on sale of Fixed Assetd)Expenses PayableCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the following information and answer the given questions:X Ltd. made a profit of ₹ 5,00,000 after consideration of the following items :₹(i) Goodwill written off 5,000(ii) Depreciation on Fixed Tangible Assets 50,000(iii) Loss on Sale of Fixed Tangible Assets (Machinery) 20,000(iv) Provision for Doubtful Debts 10,000(v) Gain on Sale of Fixed Tangible Assets (Land) 7,500Additional information :Q. Which of the following items will adjust to Net Profit before Tax?a)Trade Receivablesb)Prepaid Expensesc)Loss on sale of Fixed Assetd)Expenses PayableCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Read the following information and answer the given questions:X Ltd. made a profit of ₹ 5,00,000 after consideration of the following items :₹(i) Goodwill written off 5,000(ii) Depreciation on Fixed Tangible Assets 50,000(iii) Loss on Sale of Fixed Tangible Assets (Machinery) 20,000(iv) Provision for Doubtful Debts 10,000(v) Gain on Sale of Fixed Tangible Assets (Land) 7,500Additional information :Q. Which of the following items will adjust to Net Profit before Tax?a)Trade Receivablesb)Prepaid Expensesc)Loss on sale of Fixed Assetd)Expenses PayableCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Read the following information and answer the given questions:X Ltd. made a profit of ₹ 5,00,000 after consideration of the following items :₹(i) Goodwill written off 5,000(ii) Depreciation on Fixed Tangible Assets 50,000(iii) Loss on Sale of Fixed Tangible Assets (Machinery) 20,000(iv) Provision for Doubtful Debts 10,000(v) Gain on Sale of Fixed Tangible Assets (Land) 7,500Additional information :Q. Which of the following items will adjust to Net Profit before Tax?a)Trade Receivablesb)Prepaid Expensesc)Loss on sale of Fixed Assetd)Expenses PayableCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the following information and answer the given questions:X Ltd. made a profit of ₹ 5,00,000 after consideration of the following items :₹(i) Goodwill written off 5,000(ii) Depreciation on Fixed Tangible Assets 50,000(iii) Loss on Sale of Fixed Tangible Assets (Machinery) 20,000(iv) Provision for Doubtful Debts 10,000(v) Gain on Sale of Fixed Tangible Assets (Land) 7,500Additional information :Q. Which of the following items will adjust to Net Profit before Tax?a)Trade Receivablesb)Prepaid Expensesc)Loss on sale of Fixed Assetd)Expenses PayableCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Commerce tests.