A. 1,600
B. 1,500
C. 1,000
D. 1,800
Related Mcqs:
- Cost of goods sold excludes___________??
- Which of the following costs are reported on the income statement as the cost of goods sold??
- The person to whom goods are sold on credit is called___________??
- When goods, in which business deals are sold, it is called___________??
- A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on SLM method, find the profit or loss on sale of the car??
- Goods sold on the basis of ‘sales or return ‘ should:?
- A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on written down value method, find the profit or loss on sale of the Second hand car??
- The person who conducts sales at which goods are sold to the persons making the highest bid or offer is called ____________
- Sundry debtors as per Trial Balance is 43,000 which includes 2,200 due from ‗H in respect of goods sent to him on approval basis, the cost price of which is 1,800. Rectification would involve:?
- Any gain on the sale of non-current assets should be _________ from the net profit and the loss must be _________to the net profit in determining fund from operation??
