From the following information, determine Gross Profit for the year ended 31st March, 2023: Opening Stock (1st April, 2021)
From the following information, determine Gross Profit for the year ended 31st March, 2023:
[Gross Profit – ₹ 90,000.]
[Hint: ‘Packing Expenses on Sales’ are indirect Expenses]
| Opening Stock (1st April, 2022) Freight and Packing Sales | 50,000 20,000 3,80,000 | Goods purchased during the year Closing Stock (31st March, 2023) Packing Expenses on Sales | 2,80,000 60,000 12,000 |
Anurag Pathak Changed status to publish October 12, 2023
