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Management Sciences
MEDIUM
ENGLISH
Management Sciences
Which of the following equations is correct?
A
Gross Profit+ Sales+ Direct expenses+ Purchases+ Closing stock = Opening stock
Option A
B
Gross Profit+ Sales+ Direct expenses+ Purchases- Closing stock = Opening Stock
Option B
Gross Profit + Opening Stock + Direct expenses + Purchases- Closing stock = Sales
Correct answer
D
Gross Profit – Opening Stock + Direct expenses + Purchases +Closing stock = Sales
Option D
Correct answer: C
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