If goods worth 1,750 returned to a supplier is wrongly entered in sales return book as 1,570, then

(A) Net Profit will decrease by 3,140 (X)
(B) Gross Profit will increase by 3,320 (X)
(C) Gross Profit will decrease by 3,500 (X)
(D) Gross Profit will decrease by 3,320 ()

Answers: If goods worth 1,750 returned to a supplier is wrongly entered in sales return book as 1,570, then Gross Profit will decrease by 3,320.