Q. If goods worth ` 1,750 returned to a supplier is wrongly entered in sales return book as ` 1,570 , then (Solved)

1. Net Profit will decrease by ` 3,140 ;

2. Gross Profit will increase by ` 3,320

3. Gross Profit will decrease by ` 3,500 ;

4. Gross Profit will decrease by ` 3,320

  • d. Gross Profit will decrease by ` 3,320
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