When a contract work is completed to the extent of 20% of the contract price, profi t

Question:

When a contract work is completed to the extent of 20% of the contract price, profi t to be credited to P&L A/c is

(a) Nil

(b) Full amount

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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Question Posted: Jun 14, 2024 01:22 AM

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When a contract work is completed to the extent of 20% of the contract price, profi t

Question:

(c) 1 of profit 3 (d) 23 of profit

Step by Step Answer:

Cost Accounting

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