OMTEX CLASSES: Pro Forma of Statement of Profit or Loss

Pro Forma of Statement of Profit or Loss



Particulars
Amount
Amount
Capital at the end of the account year.
Add : Drawings made by the proprietor
Less: Additional Capital introduced by the proprietor
Less: Capital at the beginning of the account year.
Trading Profit
Less : Depreciation
Less: Bad debts
Less: R.D.D.
Less: Discount on debtors
·        Silent adjustments
·        Extra Adjustments
Less: Interest on Capital
Add  :  Interest on Drawings
Net Profit

0111
0222
0333
0444
0555
0666
0777
0888
0999
0000
0000
0111
0222
0333