Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales
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Answer Posted / Archana Pundir
{"Assets": ["Opening Stock 17499565", "Purchases 89693855", "Expenses 1735800", "Depreciation Expense 223309", "Provisions 119265", "Adjustments 1"], "Liabilities": ["Partner Salary Payable 300000", "Interest Payable 937500"],"Revenue": ["Sales 91600120"], "Expenses": ["Depreciation Expense 223309", "Partner Salary Expense 300000", "Interest Expense 937500", "Provisions Expense 119265"], "Income Statement": {"Gross Profit": 6.72, "Net Profit Margin": 3.1}}
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