Question

Depreciation charged in costing is Rs.12,500 and financial books is Rs.11,200. What will be the financial profit when the profit as per cost a/c Rs.5,000?​

Answer 1

Answer:

$6,300 As there is difference of $1,300 B/W Costing Books & Financial Books & Financial Books Are Showing $1,300 Less Expense Than Costing That Means Profit of Financial Books Will Be Increased By $1,300