- how can we take out net profit from financial statement with adjustment
NET PROFIT = GROSS PROFIT +INDRICT EXPENCE -DIRECT EXPENCE
ADJUSTED INTERY
PROFIT AND LOSS A/C DR
TO CAPITAL A/C
Teachoo Black gives you a clean, uninterrupted study experience on every page.
Go ad-free →No banners. No interruptions. Just the lesson.
Go ad-free →