Financial Audit Reports of Daily 'Dawn' Newspaper under M.A. Jinnah's Proprietorship (1943-1944)

Sub title : Audited Financial Statements Prepared by S. Rasool & Co., Registered Accountants

Subject: Media Business Finance | Financial Management of Daily Dawn under M.A. Jinnah

Date of publication: 1944

Language: English

Page: 7p.

Source: National Archives of Pakistan

Serial no: 27395

Keyword: M.A. Jinnah — Daily Dawn Newspaper — Audit Reports | S. Rasool & Co. — Profit and Loss Account — Balance Sheet | Income Tax — Newspaper Finance — 1943-1944 — Media Business.

Abstract: This collection consists of comprehensive audit reports for the Daily 'Dawn' newspaper during 1943-1944, prepared by S. Rasool & Co., Registered Accountants. The documents include detailed Profit and Loss accounts showing substantial operations with half-yearly profits of Rs. 28,821, Balance Sheets revealing assets over Rs. 152,000, and Income Tax adjustment accounts. The audits confirm regular monthly verification and proper financial management of the newspaper under M.A. Jinnah's proprietorship.

Description: These audit reports provide a detailed financial snapshot of the Daily Dawn newspaper during a crucial period of its operation under M.A. Jinnah's ownership. The professionally prepared documents by S. Rasool & Co. demonstrate sophisticated financial management practices, with monthly audits verifying all transactions. The financial statements reveal a substantial and profitable operation, with diverse revenue streams from subscriptions, advertisements, and agency commissions. The Balance Sheet shows significant investments in paper stock, furniture, and advances, reflecting the newspaper's growing infrastructure. These records are particularly valuable for understanding the business dimensions of Jinnah's leadership and the professional management of his media ventures during the pre-Partition era. SCANNED BY: NATIONAL ARCHIVES OF PAKISTAN.

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