Purchases(3000 articles) =₹50000
Indirect expenses=₹14900
Direct expenses=₹4000
Sales(2700 articles) =₹64000
Find out opening stock,closing stock, cost of goods sold, gross profit and net profit.
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Explanation:
50,000
+14,900
+ 4,000
--------------
68,900 total cost
- 64,000
----------------
4,900 loss
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