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