nancial Statements of Sole Proprietorship ...
18.63
Ascertain Gross Profit from the following information:
₹
Opening Stock
2,00,000 Carriage on Sales
1,80,000 Office Rent
Purchases
8,50,000 Sales
Carriage on Purchases
23,000
₹
30,000
58,000
14,07,000
Closing Stock
[Gross Profit– 5,14,000.]
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Chapter 18 Financial Statements of Sole Proprietorship - T. S. Grewal Solutions for ...
T. S. Grewal Solutions for Class 11- commerce Accountancy CBSE, 18 Financial Statements of Sole Proprietorship. All the solutions of Financial Statements ...
(ii) Capital Expenditure: Paid to make the asset ready to use
(i) Capital Expenditure: Paid for the acquisition of new asset
(v) Revenue Expenditure: Part of normal operating cost
(iii)Revenue Expenditure: Paid for the running and maintenance of car
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