Gross Profit Rs 12 500 Discountallowed Rs 6o Rent Rs 500: Interest
received Rs 100 Carriage outwards
Rs. 100. Find Net Profit
Answers
Answered by
0
Answer:
12840
Explanation:
gross profit. - 12500
add-
intrest recieved-500
=13000.
less-
discount allowed-60
carriage outward-100
net profit. =12840
Answered by
1
Answer:
Gross profit + Interest recieved - discount allowed - Rent - Carraige outwards = Net Profit/ loss
12500 + 100 - 60 - 500 - 100= 11940
the credit side of P and L account is more. Therefore there is net profit of 11940 rupees.
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