Question

if opening stock is 40000, purchase 170000, return outward 4000 sales 342000 returns 3000 unsold stock 46000 then NP is?​

Answer 1

Explanation:

Net sales (cash sales + credit sales - return inward) 7,44,000

Add:- Closing stock (Lower of 54,000 or 50,400) 50,400

----------------

7,94,400

Less:- Opening stock (90,000)

purchases ( 30,000 + 6,00,000 - 6,000) (6,24,000)

Direct expenses (1,200 + 2,400 + 1,800 + 600) (6,000)

------------------

74,400

Answer 2

Answer:

74,400

Explanation:

hope it will help you buddy ☹️