Accountancy, asked by zayeemuddin34, 9 months ago

10. Ascertain purchases from the following figures

Opening Stock
Direct Expenses
Indirect Expenses
Sales
Closing Stock
Gross Profit
10000
8000
15000
60000
12000
14000

Answers

Answered by tarunjain7

3

Answer: purcahses will be 40000

Explanation:

Purchase = (sales + closing stock) - (opening stock + direct expenses + gross profit)

Indirect expenses is not taken for calculation of purchase

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