Accountancy, asked by gaganbains223, 4 months ago

what is gross profit if sales100000 purchases50000 wages10000 salaries 5000

Answers

Answered by vvrushtim

2

Answer:

Gp is 50,000

Explanation:

Cost of sales is subtracted from sales. only purchases is included in cost of sales so

100000-50000

=50000

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