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Commerce · Q858

Accounting

Graduate and Post Graduate · Commerce · question 858

Q858

When funds from operations are Rs. 42,000 and amount of depreciation on plant and machinery is Rs. 5,000, the amount of net profit will be

A.
Rs. 37,000
Answer
B.
Rs. 42,000
C.
Rs. 47,000
D.
a sum which cannot be computed

Answer: Option A

Solution

Answer: Option A
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