Question

What is the adjustment of owing in profit and loss account?

Answer 1

$\huge\green{Answer}$

If we have C.P (cost price)

Then,

S.P=C.P + Price

Profit%= p/c.p X100%

★ If c.p not given,assume it as 100

If we have loss

S.P =C.P—Loss

Loss%=Loss/c.p. X100

plz mark as brainliest ans plz I need it most for Ace

follow me

chat me inbox

Thanks.

Answer 2

Answer:

Explanation:

If we have C.P (cost price)

Then,

S.P=C.P + Price

Profit%= p/c.p X100%

★ If c.p not given, assume it as 100

If we have loss

S.P =C.P—Loss

Loss%=Loss/c.p. X100

plz mark as brainiest Ans plz I need it most for Ace

Thanks.