12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    Cost of Revenue from Operations =

    A) Revenue from Operations - Net Profit

    B) Revenue from Operations - Gross Profit

    C) Revenue from Operations - Closing Inventory

    D) Purchases - Closing Inventory

    Correct Answer: B

    Solution :

    [b] Revenue from Operations - Gross Profit


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