AccountancyCLASS 11CBSE
answered 23 Jun 2026Compute Operating Profit and Net Profit from the following. Gross Profit / Carriage Outward / Advertising / Salaries / Renat and Taxes / Lighting / Insurance Gharges / Bad Debts / Audit Fee | | Interest on Loan / Interest on Investment / Printing and Stationary / Loss on Sale of Furniture / General Expenses / Donation / Rent Received / Loss by Fire / Gain on Sale of Machine |
A.VERIFIED ANSWERfact-checked by tutors
| Gross Profit Less: Selling and Distribution Expenses Carriage Outwards Advertising Bad Debts Less: Office and Administrative Expenses: Salaries Rent and Taxes Lighting Insurance Charges Audit Fees Printing and Stationery General Expenses Operating Profit Add: Non-Operating Incomes: Interest on Investments Rent Received Gain on sale of Machine Less: Non- Operating Expenses: Interest on Loans Loss on Sale of Furniture Donation Loss by fire | 4,800 12,000 1,500 | 18,300 2,64,400 | 4,40,000 2,82,700 |
| Gross Profit Less: Selling and Distribution Expenses Carriage Outwards Advertising Bad Debts Less: Office and Administrative Expenses: Salaries Rent and Taxes Lighting Insurance Charges Audit Fees Printing and Stationery General Expenses Operating Profit Add: Non-Operating Incomes: Interest on Investments Rent Received Gain on sale of Machine Less: Non- Operating Expenses: Interest on Loans Loss on Sale of Furniture Donation Loss by fire | 1,78,000 62,000 15,000 2,400 2,000 3,600 1,400 | 18,300 2,64,400 | 4,40,000 2,82,700 |
| Gross Profit Less: Selling and Distribution Expenses Carriage Outwards Advertising Bad Debts Less: Office and Administrative Expenses: Salaries Rent and Taxes Lighting Insurance Charges Audit Fees Printing and Stationery General Expenses Operating Profit Add: Non-Operating Incomes: Interest on Investments Rent Received Gain on sale of Machine Less: Non- Operating Expenses: Interest on Loans Loss on Sale of Furniture Donation Loss by fire | 2,800 6,000 50,000 | 1,57,300 58,800 | |
| Gross Profit Less: Selling and Distribution Expenses Carriage Outwards Advertising Bad Debts Less: Office and Administrative Expenses: Salaries Rent and Taxes Lighting Insurance Charges Audit Fees Printing and Stationery General Expenses Operating Profit Add: Non-Operating Incomes: Interest on Investments Rent Received Gain on sale of Machine Less: Non- Operating Expenses: Interest on Loans Loss on Sale of Furniture Donation Loss by fire | 22,000 35,000 5,100 20,000 | 2,16,100 82,100 | |
| NET PROFIT | NET PROFIT | 1,34,000 |