Question

From the following particulars of a
contract work, compute the amount of
profit that may be credited to Profit &
Loss Account : Contract price Rs.
5,00,000; Total cost of contract up to
date Rs. 2,87,500: Cost of uncertified
work Rs. 12,500; Cash received from the
Contractee Rs. 2,65,625; Cost of
uncertified work Rs. 7,000; Retention
money - 10%.​

Answer 1

Explanation:

which class .............