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प्रश्न
Calculate the Gross Profit/Gross Loss
Purchases A/c ₹ 15,500, Sales A/c ₹ 30,000, Carriage Inward ₹ 1,200, Opening Stock ₹ 5,000, Purchases Returns ₹ 500, Closing Stock ₹ 18,000
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उत्तर
Cost of Goods Sold = Opening Stock + Purchases – Purchases Returns + Carriage Inward – Closing Stock
= 5,000 + 15,500 – 500 + 1,200 – 18,000
= ₹ 3,200
Gross Profit = Sales – Cost of goods sold
= 30,000 – 3,200
= ₹ 26,800
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संबंधित प्रश्न
Give a word, term, or phrase which can substitute the following statement:
Statement of Assets & Liabilities.
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____________ is excess of assets over liabilities
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Income Receivable appears on __________ side of Balance Sheet.
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| Stock | 10,000 | Sales | 1,22,500 |
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| Postage (office) | 150 | ||
| Sundry expenses | 850 | ||
| Rent paid | 2,500 | ||
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| Direct expenses | 60,0000 |
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| Selling and distribution expenses | 65,000 |
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