Multiple Choice
If goods worth ` 1,750 returned to a supplier is wrongly entered in sales return book as ` 1,570 , then
A) Net Profit will decrease by ` 3,140 .
B) Gross Profit will increase by ` 3,320
C) Gross Profit will decrease by ` 3,500 .
D) Gross Profit will decrease by ` 3,320
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Which of the following statements are /
Q6: Which of the following statements is correct?<br>A)The
Q7: The balance of which of the following
Q8: Which of the following should not be
Q9: The beginnings inventory of the current year
Q11: Which of the following is true?<br>A)Error of
Q12: For the past 3 years, DK Ltd.
Q13: Which of the following is not correct?<br>A)Errors
Q14: Any donation received for a specific purpose
Q15: Which of the following statements is true?<br>A)Provision