state gov Kerala (കേരളം) PSC Divisional Accountant Test Series 2025 Accountancy Trading and Profit & Loss Account
The gross profit of a firm for the year ended 31.3.2022 was ₹1,14,000. During the year it received a commission of ₹10,000 and paid salaries ₹50,000 , rent ₹26,000. Interest on loan ₹1000. There were bad debts of ₹9000. The operating profits of the firm was:
1
₹39,000
2
₹40,000
3
₹49,000
4
₹38,000