Question

Find out the net from the following figures relating to the year 2015 opening stock 5000 purchases 12,500 direct expenses 500 closing stock 2500 operating expenses 1000 sales 20000​

Answer 1

Answer:

3500

Explanation:

opening stock 5000

add purchase. 12500

add direct exp. 500

18000

less closing stock. 2500

15500

add operating exp. 1000

16500

sales 20000

total cost 16500

net profit 3500