(A) Gross Profit+ Sales+ Direct expenses+ Purchases+ Closing stock = Opening stock (X)
(B) Gross Profit+ Sales+ Direct expenses+ Purchases- Closing stock = Opening Stock (X)
(C) Gross Profit + Opening Stock + Direct expenses + Purchases- Closing stock = Sales (
)
(D) Gross Profit – Opening Stock + Direct expenses + Purchases +Closing stock = Sales (X)
Answers: Which of the following equations is correct Gross Profit + Opening Stock + Direct expenses + Purchases- Closing stock = Sales.
