Question

please answer these questions​

Answer 1

Answer:

very good question

Explanation:

I am happy

Answer 2

Answer: 1.gross profit will be 10000.

2. Days of grace 3days

3.closing balance debtor will be 30000

4. Four uses of computer in accounting are:

A. Time saving.

B. Accuracy.

C. Efficient work

D. Secrecy

5. Two accpunting softwares tally and quick books

Explanation:

1. Cogs= opening stock +net purchases -closing stock

=100000+50000-60000

=90000

Cogs+gross profit = sales

Suppose, sale be 100

Therefore, 90+10=100

Then cogs is 90

Therefor, gross profit will be = 90000/90*10= 10000.