Question

Find out Net profit:- Gross Profit - 205,000, Profit & Loss account debit side total - 195,000, there is no indirect income.​

Answer 1

Answer:

Gross profit b/d 205000 cr. Side of profit and loss a/c

And profit and loss account debit side total is) 195000

Then,

Total profit = gross profit - debit side

= 205000 - 195000

Total profit = 10000

I hope it helps you.

Mark me as a brainlist