What will be the effect of purchase of goods for cash Rs. 3,000 on Gross Profit Ratio? (C.B.S.E. 2020; Kolkata. Lucknow) Post category:Accountancy Reading time:1 mins read SOLUTION No Effect. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is the difference between ‘Operating Profit’ and ‘Net Profit’? Next Post‘Purchase of goods Rs. 35,000 for cash will increase the operating ratio.’ Is the statement correct? Give reasons. You Might Also Like Give two circumstances under which a partnership firm is dissolved. September 27, 2022 Following is the Balance Sheet of Fine Products Ltd. as at 31st March, 2019: August 18, 2022 A, B and C were equal partners. On 31st March, 2019, their Balance Sheet stood as: July 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.