Gross Profit of a business is the
A excess of sales over all the trading expenses
B difference between sales and purchases
C excess of sales over the cost of goods sold
D difference between discounts received and discount allowed
Answer is C
Tutors, Past Questions and Projects.
Gross Profit of a business is the
A excess of sales over all the trading expenses
B difference between sales and purchases
C excess of sales over the cost of goods sold
D difference between discounts received and discount allowed
Answer is C
