Accountancy, asked by mohdfaizmd2525, 5 months ago

2. 1) Which account is prepared for knowing the gross profit?
How is cost of material consumed calculated ?
(ii) Who invented 'computer?
(iv) Write the name of present Finance Minister of India.
(v) 'Money deposited in bank is capital. Comment.

give me answer and or chapter name

Answers

Answered by AA6923

2

Answer:

1)Trading Account is prepared for knowning GP

2)Cost of Material consume=Opening Stock/Raw Material+Purchases-Closing Stock

(ii)Charles Babbage

(iii)Smt.Nirmala Sitaraman

For last question give me details

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