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18 a. 26,190 From the following information calculate the manager's commission after charging such commission. Net Profit 5,50,000, Rate = 5% b. 55,000 c.

18 a. 26,190 From the following information calculate the manager's commission after charging such commission. Net Profit 5,50,000, Rate = 5% b. 55,000 c. 27,500 d. 55,000 The 19 Which of the following items will be recorded in a profit and loss account? (a) Wages and Salaries (b) Salaries and Wages (c) Opening Stock (d) Sales

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