Question: CALCULATION OF GROSS PROFIT QUESTION & ANSWER The following details of a company for the Opening Stock Purchases Purchases Return Direct Expenses Sales Sales

CALCULATION OF GROSS PROFIT QUESTION & ANSWER The following details of a company for the Opening Stock

CALCULATION OF GROSS PROFIT QUESTION & ANSWER The following details of a company for the Opening Stock Purchases Purchases Return Direct Expenses Sales Sales Returon Closing stock year 20.10. 30,000 42,000 80 1.500 3850 cho 85000 1950 11,000

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