Question

The total profit on a contract for ` 3,00,000 is ` 60,000 and the contract is 60%

complete and has been certified accordingly. The retention money is 20% of the

certified value, then the amount of profit that can be prudently credited to Profit and

Loss Account

a) ` 60,000

b) ` 36,000

c) ` 28,800

d) ` 48,000​

Answer 1

Answer:

48,000 and a few days and my❤ heart and soul is the most important going anywhere until