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Calculation of Gross Profit Or Gross Loss give example?
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Answer Posted / bikas
Prepare Trading Account to Know the Gross Profit or Gross
Loss
Dr._____________________________________________________ Cr.
To Opening Stock --- By Sales ----
To Purchase ----
Less: Return ---- --- By Closing Stock ----
To All manufacturing
Exp.:
Carriage inward
Factory exp.
lighting
Fuel
Labour
etc. By Gross Prifit ----
____________ ________
_________ _______
| Is This Answer Correct ? | 8 Yes | 3 No |
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