If goods worth 1,750 returned to a supplier is wrongly entered in sales return book as 1,570, then - IQ786

All-in-One Exam Prep Platform

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

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

Net Profit will decrease by 3,140

Gross Profit will increase by 3,320

Gross Profit will decrease by 3,500

Gross Profit will decrease by 3,320

Explanation