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Computation of the Gross Profit Calculate the Gross Profit Calculate the value of Gross profit: Equity Share Capital. 1.200.000 10% Debentares, 230,000 Sundry Creditors. 165.000

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Calculate the Gross Profit
Calculate the value of Gross profit: Equity Share Capital. 1.200.000 10% Debentares, 230,000 Sundry Creditors. 165.000 Bilts payable, 220,000 Other Current Liabilities. 110.000 Net Fixed Assets, 605.000 Cash 220,000 Sales, 2,750,000 COGS: Materials, 230,000 Wages, 660,000 Factory Overheads, 324,500 Sundry Debtors, 275,000 720500 2090000 1705000 2425500

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