Question

5.
Raj Store has following balances on 31st March 2020:-
Purchases Rs. 1. 22.000/-
Opening Stock Rs. 60,000/-
Net Sales Rs. 2.23,000/-
Purchase Return Rs. 2,000/-
Sales Retum Rs. 3.000/-
Closing Stock Rs. 27,000/-
Direct expenses Rs. 20,000/-
What will be the amount of Gross Proſit and Adjusted Purchases:
a)Rs. 47.000 and Rs. 1,60,000/-
b) Rs. 50.000 and Rs. 1,60,000/-
c)Rs. 50.000 and Rs. 53,000/-
d) Rs. 47.000 and Rs. 1.53,000/-
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Answer 1

Answer:

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Explanation:

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