1. Vigyan Ashram Pabal

2. Balance sheet shows health of the organization. Income statement also called as profit and loss statement (P&L), gives company's financial statement for particular period.financial statement This shows if the organization has made profit or loss during particular period. This presentation demonstrates in a simpler manner how profit can be calculated

3. Case Mr Patil started poultry as a side business with 102 birds. He started business with his own saving of Rs.5000/-. Out of 102 birds, in one month, 7 birds died

4. For first batch of birds, following were his expenses : Total 2040 rupees Particulars of ExpensesCost in rupees Birds (102 nos)520 Transportation20 Bird feed1200 Medicine, electricity expenses90 Labor charge and capital interest200 Birds Mortality10 Total Expenses : Rs 2040

5. Total Weight of birds were averaging 1.8 kgs Due to mortality (death) factor, Mr Patil has 95 birds Purchasing rate in market is 15 rupees per kg Thus Sales in rupees can be calculated as No of Birds x Average Weight x Rate per kg of birds = 95 x 1.8 x 15 Total Money obtained from Sales = 2565 Rupees

6. Total Profit is Income obtained from Sales and deducting expenses incurred From our earlier slide, Expenses is given below From Previous Slide, Sales income is given below Total Expense = 2040 Rupees Income from Sales = 2565 rupees Profit = Income from Sales - Expenses Profit = 2565 – 2040 = 525 rupees

7. Consider the same case Now the mortality is of 40 birds i.e 40 birds out of 102 died Activity :- Calculate how many birds remaining Calculate the profit / loss for the poultry