Q. In which situation, 2/3 of national profit credited to P & L a/c (Solved)
1. If the value of work certified equal to or more than 90% of the contract price
2. If the value of work certified less than 25% of the contract price
3. Both a and b
4. If the value of work certified equal to or more than 50% but less than 90% of the contract price
- d. If the value of work certified equal to or more than 50% but less than 90% of the contract price