Question

9. The difference between the selling Price and the cost Price of the goods is
known as --
Gross Loss
Gross Profit
Net Loss
Net Profit
10. Which of the following items is shown in the asset side of the Balance
Sheet?
Capital
Loan
Sundry Creditors
- Land and Buildings
11. -
--appears in the liability side of the Balance Sheet
Bank Overdrafts
Investments
Sundry Debtors
Bills receivable​

Answer 1

Answer: 9. Net profit

10.Loan

11. Investment

Answer 2

Answer:

9. The difference between the selling Price and the cost Price of the goods is

known as --

Gross Loss

Gross Profit

Net Loss

Net Profit ✔

10. Which of the following items is shown in the asset side of the Balance

Sheet?

Capital

Loan

Sundry Creditors

Land and Buildings ✔

11. __appears in the liability side of the Balance Sheet

Bank Overdrafts ✔

Investments

Sundry Debtors

Bills receivable

hope it helps..