PROFIT AND LOSS ACCOUNT - FOR BUSNIESS RETURN.xlsx

	A	C	D	E	F	G
1	PARACHA LAW ASSOCIATES
2	NAME	ABC	TAX YEAR 2024
3	NTN	35000-9548657-2	TAX YEAR 2024		FIRTST TIME ON INTERNET
4		Management, Administrative, Selling & Financial Expenses			DEDICATED TO ALL TAX PRACTIONERS OF PAKISTAN
5		Rent	3151		PROUDLY PRESESNTS
6		Rates / Taxes / Cess	3152		CREATED AND DESIGN BY :
7		Salaries / Wages / Perquisites / Benefits	3154		RANA MUHAMMAD ATIF KHAN
8		Traveling / Conveyance / Vehicles Running / Maintenance	3155		ADVOCATE HIGH COURT
9		Electricity / Water / Gas	3158		INCOME TAX
10		Communication	3162		FACEBOOK PAGE : TAXATION WITH ATIF
11		Repair / Maintenance	3165
12		Stationery / Printing / Photocopies / Office Supplies	3166
13		Advertisement / Publicity / Promotion	3168
14		Insurance	3170		FOR MORE INFORMATION:
15		Professional Charges	3171		YOUTUBE :@TAXATIONWITHATIF
16		Profit on Debt (Financial Charges / Markup / Interest)	3172
17		Donation / Charity	3174		FOR MORE INFORMATION AND DOWNLOADS
18		Brokerage / Commission	3178		WEBSITE:https://taxationwithatif.blogspot.com
19		Other Indirect Expenses	3180		HOW TO USE THIS TEMPLATE:
20		Irrecoverable Debts Written off	3186		INSTRUCTIONS
21		Obsolete Stocks / Stores / Spares / Fixed Assets Written off	3187		THIS TEMPLATE IS USEFUL FOR CALCULATING
22		Accounting (Loss) on Sale of Intangibles	3195		BUSNIESS RETURN
23		Contribution to an Approved gratuity fund / Pension Fund / Superannuation Fund	319501		KRYANA RETURN ,COMPUTER SHOP
24		Accounting (Loss) on Sale of Assets	3196		COMMISSION SHOP RETURN
25		Accounting Amortization	3197		ALL OTHERS RETURNS WHERE SALES PURCHASED IS INVOLVED
26		Accounting Depreciation	3198
27		TOTAL EXPENSES		410,000	STEPS:	ENTERIES
28		INCOME		621,593	1	ENTER EXPENSE
29		G.P		1,031,593	2	ENTER INCOME
30		PERCENTAGE		6,877,287	3	ENTER PERCENTAGE
31		SALES		6,877,287	4	ENTER CLOSING STOCK
32					5	ENTER OPENING STOCK
33		SALES + CLOSING STOCK		520,000	6	GET DATA IN GREEN COLOR
34				7,397,287	7	SALES
35		OPENING STOCK +G.P		850,000	8	PURCHASES
36				1,881,593
37		PURCHASES		5,515,694
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