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Commerce · Q1638

Accounting

Graduate and Post Graduate · Commerce · question 1638

Q1638

Net profit before following adjustment is Rs. 3,60,000 Outstanding salary is Rs. 20,000 Prepaid insurance is Rs. 26,000 After adjustment net profit is

A.
Rs. 3,66,000
Answer
B.
Rs. 3,80,000
C.
Rs. 3,46,000
D.
Rs. 3,86,000

Answer: Option A

Solution

Answer: Option A
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