Gross profit of a trading concern
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 October 2012
to arrive the gross profit of a trading business, which of the following formula i applied?
sales-(os-purchase-closing stock)
sales-(Os+puch+cs)
sales-(op+purc-cs)
sales-(os-purch+cs)
to arrive the gross profit of a trading business, which of the following formula i applied?
sales-(os-purchase-closing stock)
sales-(Os+puch+cs)
sales-(op+purc-cs)
sales-(os-purch+cs)
19 October 2012
Third Option is correct
19 October 2012
Sales-Opening stock-Purchases+closing stock. I.e Third option of you.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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