Accountancy, asked by anuragsrivastav95, 1 month ago

Contract completed is 3/4. Work certified is 1/2 of Contract Price. Cost of 3/4 work is 3,00,000. Calculate the cost of work uncertified.

Answers

Answered by GιяℓуSσυℓ

5

Answer:

(480,000/80) x100 =600,000

Profit to be taken to the credit of P & L a/c is = Notional Profit x2/3 x80%. 50,000 x2/3 x80%

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