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Depreciation charged in costing books is $ 12,500 and in financial books is $ 11,200.What will be the financial profit when costing profit is $ 5,000?

A. $5,000

B.$  3,700

C. $6,300

D. None of the above

Money Market Accounting Project Management Finance Management
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Question added by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants
Date Posted: 2015/08/10
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Muhammad Tahir Godil
by Muhammad Tahir Godil , Financial Planning and Analysis Manager , The Court Group Of Companies

C.) $6,300 As there is difference of $1,300 B/W Costing Books & Financial Books & Financial Books Are Showing $1,300 Less Expense Than Costing That Means Profit of Financial Books Will Be Increased By $1,300

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