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A company reported a net profit of Rs. 83,600 for the year ended 31 December 2025. It was later discovered that Rs. 18,000 paid for a motor van had been wrongly debited to motor expenses. The company depreciates motor vans at 25% per year (straight line), with a full year's charge in the year of acquisition. What is the corrected net profit?
Step 1: The Rs. 18,000 was wrongly expensed. Reversing this increases profit: $83{,}600 + 18{,}000 = 1{,}01{,}600$.
Step 2: Now charge the correct depreciation on the van: $18{,}000 \times 25\% = Rs.\ 4{,}500$.
Step 3: Subtract depreciation: $1{,}01{,}600 - 4{,}500 = \mathbf{Rs.\ 97{,}100}$
The net effect is: profit increases by Rs. 18,000 (expense reversed) but decreases by Rs. 4,500 (depreciation charged) โ a net increase of Rs. 13,500 over the originally reported profit.
- $2$ moles of resin ($2 \times 206\text{ g}$) react with $1$ mole of $Ca^{2+}$.
- Total mass of resin = $412\text{ g}$.
- Uptake per gram = $\frac{1\text{ mole } Ca^{2+}}{412\text{ g resin}}$.
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