| # | |
|
Stock 1/1/09 |
2200 |
|
Purchases |
18000 |
|
Sales |
27000 |
|
Salaries |
1500 |
|
Rejection in doubtful debts |
500 |
|
Office expenses |
1100 |
|
Other expenses |
1300 |
|
Stock 31/12/09 |
1000 |
The net profit is
a
#3,400
b
#4,400
c
#3,900
d
#3,800
Explanation
Correct Option
aVideo Explanation
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Discussions (2)
survivorno1
1 year ago
I think the answer is B. cause rejection in doubtful debts is like saying decrease in provision of doubtful debts which is an income
