Accountancy, asked by shradhat409, 8 months ago

opening stock 20000
sales 40000
purchase 30000
wages 4000
closing stock 29000
what is gross profit ?

Answers

Answered by aditi346454

2

Answer:

gross profit = opening capital +purchases + wages - sales - closing stock

gross profit = 20000+30000+4000-40000-29000

=(-15000)

it is a net loss.......

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