Accountancy, asked by divyadharshnit10, 18 days ago

how to find the answer

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Answered by puskarkgp12

1

Please see the attachment

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Answered by AllenGPhilip

8

Answer:

Gross profit = 1,930
Net profit = 1,405
Balance sheet total = 5,555

Explanation:

Working notes:

Interest on loan due for 6 months

loan amount = 2,000

Interest = 2,000 × 10% × 6/12 = 100

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