Question

2
Differentiate between Bill of Exchange and Promissory Note on the following basis.
(a) Acceptance (b) order and promise
Calculate the value of opening stock and closing stock if cost of goods sold Rs.270000; Net
purchase Rs 200000; Direct Expenses Rs.40000 and opening stock is two time of the closing
stock
3
Calculate gross profit when:
Total purchase during the year are Rs.800000; Return outwards: 200000; Direct
3
Expenses:60000; 2/3 of the goods are sold for Rs.610000.
Ramesh owed to Suresh Rs 25,000 on 1 "April, 2017. On the same date, Suresh drew thre
bills of Rs. 7,000; Rs. 8,000 and Rs. 10,000 respectively with due date of 1 month, tw
Bill wore accented by Ramesh. On same date Sures​

Answer 1

Answer:

11233

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673hdhggghhsbsuvxu2vd82

Explanation:

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