who to solve trading account
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Question is incorrect u can't define gross profit before preparing trading account
hence it is solve
it required too much time to write n calculatation please add brainlist
thank you
hope it is helpful
Explanation:
Dr. side
opening stock
120 x 20 = 2400
80 x 22.50 = 1800
152 x 25 = 3800
total opening is 8000
purchases total is 100000 as given
Cr. side
Sales
1020 x 20 = 20400
1920 x 22.50 = 43200
2496 x 25 = 62400
total sales is 126000
total tallyed amount is 126000
126000 - 108000 = 18000
Gross profit is 18000
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