Question

Compute Revenue from Operations, Other Income and Total Revenue for a Financial company from the following particulars :

Rs

Interest on loans given 40,00,000

Fees received for arranging loans 5,00,000

Miscellaneous Income 15,000
Profit on sale of Building 2,00,000

Profit on sale of Investments 1,20,000

Answer 1

$\begin{array}{ccc}\text{Particulars}& \text{Rs}& \text{Rs}\\ \text{1. Revenue from Operations :}& & \\ \text{Interest on loans given}& 40,00,000& \\ \text{Fees received for arranging loans}& 5,00,000& \\ \text{Profit on sale of investments}& \underset{–}{1,20,000}& 46,20,000\\ \text{II. Other Income :}& & \\ \text{Miscellaneous Income}& 15,000& \\ \text{Profit on sale of Building}& \underset{–}{2,00,000}& \underset{–}{2,15,000}\\ \text{III. Total Revenue (I + II)}& & \underset{–}{\underset{–}{48,35,000}}\end{array}$