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Question #72828

Which of the following relationships is/are false?

Options:

A) Net Profit = Gross Profit – Administration and Other expenses

B) Net Profit = Gross Profit + Administration expenses and Other expenses

C) Opening Stock + Purchases – Closing Stock = Cost of Sales

D) Both B. and C. above

Answer: Which of the following relationships is/are false Both B. and C. above.

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