It goods worth 1,750 returned to suppler is wrongly entered in sales r – McqOptions

MCQOPTIONS

1.	It goods worth 1,750 returned to suppler is wrongly entered in sales returned book as 1,570 then
A.	Gross profit will decrease by 3,320
B.	Gross profit will decrease by 3,500
C.	Gross profit will increase by 3,320
D.	Net profit will decrease by 3,140
Answer» B. Gross profit will decrease by 3,500

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