CA CPT Model Test Paper 3 with solutions for online practice
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Question : 36 of 200
Marks:
+1,
-0
Find out the corrected net profit;
Profit before taking into account following adjustments was Rs.7,00,000
Rs. 1,00,000 spent on purchase of motor car for business purpose, treated as expense in Profit & Loss A/c.
Rs. 15,000 p.m. rent outstanding for the month of February and March not taken into account -
Profit before taking into account following adjustments was Rs.7,00,000
Rs. 1,00,000 spent on purchase of motor car for business purpose, treated as expense in Profit & Loss A/c.
Rs. 15,000 p.m. rent outstanding for the month of February and March not taken into account -
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