If goods worth 1,750 returned to a supplier is wrongly entered in sales return book as 1,570, then

A. Gross Profit will decrease by 3,500

B. Gross Profit will increase by 3,320

C. Net Profit will decrease by 3,140

D. Gross Profit will decrease by 3,320

Found an error? Read our corrections policy and report it in the comments below.

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.