Question

Which one of the following is correct?
(1) Gross profit + Sales + Direct expenses + Purchases + Closing stock =
Opening stock
(2) Gross profit + Direct expenses + Purchases + Closing stock - Opening stock
= Sales
(3) Gross profit + Direct expenses + Purchases + Opening stock - Closing stock
= Sales
(4) Gross profit + Direct expenses + Purchases + Opening stock + Sales =
Closing stock​

Answer 1

Answer:

Option 2 is correct answer