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 Twitter Opens in a new window Facebook Opens in a new window Google+ 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 Following is the extract of the Balance Sheet of Neelkant and Mahadev as on 31st March, 2019. Balance sheet as at 31st March, 2019 July 21, 2022 On the retirement of a partner how is the profit-sharing ratio of remaining partners decided? September 27, 2022 How does the factor ‘Location’ affect the goodwill of a firm? September 26, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.