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Example 8.2 Azman Sdn Bhd started business on 1 January, 2015, and purchased RM5,000 worth of inventories for the accounting period (financial year) ending 31

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Example 8.2 Azman Sdn Bhd started business on 1 January, 2015, and purchased RM5,000 worth of inventories for the accounting period (financial year) ending 31 December, 2015. Total sales earned for year 2015 was 10,000 (costing RM4,500 worth of inventories). How much is the gross profit for the business

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