Gross profitnet profit
Denish Kaangariwala (136 Points)
22 July 2022
gross profit kaise nikale aur net profit kaise nikalte he in dono ki kya method he
1 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 22 July 2022
Sales - Cost of Goods sold = Gross profit
Gross profit+Indirect Income - Indirect expenses = Net profit
( Note :- Cost of Goods sold= opening Stock+ Purchases - Closing stock )
Gross profit+Indirect Income - Indirect expenses = Net profit
( Note :- Cost of Goods sold= opening Stock+ Purchases - Closing stock )
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